Peavey Mart Closing 21 Stores in Ontario

Jan 22, 2025
By Denise Faguy
Assistant Editor, North American Content, Farms.com

Peavey Mart to close locations in Ontario

Peavey Industries LP (“Peavey”) has announced the closure of 21 Peavey Mart stores in Ontario and one store in Nova Scotia as part of a broader strategy to strengthen its operations and ensure long-term sustainability.

The decision is part of an effort to streamline Peavey’s retail presence by focusing on higher-performing markets. The company has partnered with Gordon Brothers Realty Services, LLC to manage the transition for employees, communities, and stakeholders.

“The Canadian retail environment has faced significant disruption over recent years, and Peavey has not been immune to these challenges,” said Doug Anderson, President & CEO of Peavey Industries LP.

“We recognize that difficult decisions like these are necessary to create a more stable foundation for the long-term success of our business. While this is a step forward, it’s part of an ongoing process to adapt and rebuild in response to changing market dynamics.”

“To our employees, we cannot thank you enough for your hard work, resilience, and passion,” the company stated. “You have been the heart of Peavey Mart, and your contributions have left a lasting legacy.

“We fully understand the challenges these changes bring to our employees, customers, and the communities we serve," said Jest Sidloski, VP Customer Experience.

"While these closures are a necessary step, we remain committed to make every effort of returning to the value-driven, reliable service our customers have come to expect over the past six decades."

CFO Karen Dilon emphasized the importance of vendor relationships, saying, “By making these strategic adjustments, we aim to build a more resilient business that can foster stronger partnerships and better meet the needs of our customers and communities.”

Locations affected include Arnprior, Bedford, Bowmanville, Brockville, Chatham, Collingwood, Cornwall, Goderich, Grimsby, Kingston, Kitchener, Lambeth, Mount Forest, New Liskeard, Sarnia, Smiths Falls, St. Catharines, St. Jacobs, St. Thomas, Sudbury, Woodstock, and Uxbridge. Additionally, Rockland and Hyde Park, previously announced for closure, are also included.

Peavey closures impact on Ag Buyer’s Guide Pick-Up Points

Farmers and agri-business that do not live in rural areas and do not automatically receive Ag Buyer’s Guide will no longer be able to pick up a copy of Ag Buyer’s Guide from the Peavey Mart locations listed above.

However, for those negatively impacted, Farms.com is pleased to provide Ag Buyer’s Guide fans with two alternatives:

Option 1 - Readers may view the digital edition of the magazine which is always posted on right-hand side of the Used Farm Equipment Page on Farms.com.
- Ag Buyer’s Guide fans can also subscribe to receive a notification when each new issue of Ag Buyer’s Guide is posted online: click here to subscribe and then under Machinery/Technology select Farms.com Ag Buyer’s Guide Digital Edition.
Option 2 – You may subscribe and have Ag Buyer’s Guide delivered to your mailbox via Canada Post personalized mail. A subscription is $25 which covers the mailing costs. To subscribe, please call 866-519-4302 x 281 and speak with Sandra or Victoria.

If you would like to suggest a supply store near your location that might be willing to have free copies of Ag Buyer’s Guide for distribution, please call Denise Faguy at 888-248-4893 x 293.

Farms.com Ag Buyer’s Guide has had a long partnership with Peavey Mart. The following Peavey Mart locations remain open, and copies of Ag Buyer’s Guide Magazine will continue to be available at these locations.