'Store Closing' signs up at Red Deer Peavey Mart

'Store Closing' signs up at Red Deer Peavey Mart

Company announced its 'organizational restructuring' last week

Report: Peavey Mart in process of closing all Canadian locations

RED DEER, AB. — Red Deer-based Peavey Mart is going under and will close all 90 of its Canadian locations, according to a report by website Retail Insider. ‘Store closing’ signs are up at the Red Deer store this week, and many others. On Jan. 27, a staff member at an Alberta Peavey location told Pattison Media Alberta that the news of closures across the board is accurate. It was just last week its parent company, Peavey Industries, announced it…

Peavey Mart Closing Down All Canadian Stores

Peavey Mart, a Canadian-based retailer that was established right here in Winnipeg, is closing down all of its stores in Canada. Liquidation sales have started all stores nation wide and will run until all inventory is gone. The current liquidation sale is at 30% OFF. Due to to financial struggles, the original plan was to close 22 underperforming Peavey Mart locations. However, it now appears that the company’s financial difficulties are insur…