Scarlett says the company plans to grow its number of units by 12%, adding 63 stores this year. Based in Brentwood, TN, the lifestyle needs supplier of recreational farmers and ranchers operates 547 stores in 34 states.

Scarlett says the company's motto is: "Work hard; have fun; make money." By implementing an incentive program for employees, and offering training programs through the company's Tractor Supply University, Scarlett says employee turnover has dropped by 50%.

With trained employees, who often start out as customers, Scarlett says the company is able to offer its clientele a knowledge that competitors often lack. For that reason, says Scarlett, Tractor Supply has moved past the ranks of Home Depot and Lowe's.