The closure of several Peavey Mart stores in Ontario and Nova Scotia has ignited speculation about the fate of the national farm goods retailer. While the company cites optimizing its retail footprint as the reason, online chatter and unconfirmed reports suggest the chain may be facing a complete shutdown. Customers and farmers express concern over the loss of a convenient source for farm supplies, particularly in rural communities.
The company has confirmed the closure of stores in Ontario and Nova Scotia, but online speculation indicates more could follow.The Peavey Mart on Hyde Park Road in London, Ont., is set to close in April, with all sales final and in-store items discounted up to 30 per cent. Customers of a national farm goods store are trying to figure out whether they will have to start looking for a new place to shop.
Searches for "Peavey Mart closing" are trending across Canada, according to Google's online dashboard and local Facebook and Reddit groups in Western Canada are full of discussion and speculation about the store's future, though additional closures have not been officially confirmed.WATCH | A corporate history of Peavey Mart:
Fans of the chain say it provides a service for people in rural communities not found in other big box retailers by selling goods such as farm equipment and horse feed.
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