REGINA – Peavey Mart is planning a comeback and could open again in a Saskatchewan location near you.
The Red Deer based ag-related company, which had been in business from 1967 until earlier this year, confirmed on their website on Sept. 30 that Peavey Mart will relaunch in late fall of 2025 in Alberta, with stores in Spruce Grove, Westlock, Camrose, and Lacombe.
The new Peavey Mart stores will be owned by investment group 2707162 Alberta Ltd., who secured rights in April to the Peavey Mart name from Peavey Industries LP.
The indication is these first four relaunched stores are just the first wave. The company says in a release that as the second tranche of investors are onboarded, the ownership group will target openings in other previously held markets, including Saskatchewan.
At this point there are no specifics about where those Saskatchewan stores might be located, or what date they might launch. The company says it has a goal of opening a total of seven to 12 locations overall.
Online reaction in Saskatchewan seems to be cautious optimism. On Reddit, posters took a wait and see attitude towards the new ownership’s plans.
“I’ll give them a chance,” was one comment, while others pointed to the fate of several former Peavey Mart locations in the province. “Where will Spirit of Halloween go?” one said.
Peavey Mart stores had been a familiar sight in numerous Saskatchewan communities, including Regina and Saskatoon, until early this year when they announced they would be liquidating all 90 of their Peavey Mart locations across Canada.
“We know that the closure of Peavey Mart stores left a gap for many customers,” said Doug Anderson, in a statement. “Our investors and ownership group recognizes the importance of Peavey Mart in the Canadian retail landscape, and we’re grateful for the opportunity to relaunch the brand in these communities.”
“We’re bringing back the Peavey Mart that people know and love, a Peavey Mart focused on the needs of the farmer, rancher, acreage owner, homeowner and homesteader with a strong emphasis on providing value for dollars spent in our stores,” said Kurt Schultz, Lead Merchant and a member the operations leadership team, in a statement.
The newly reorganized company says in a release that customers can expect many of their favourite brands back on store shelves, including Harvest Goodness, Rolling Acres, Scotts, Dickies, Pitt Boss, Shell, and others.
