Peavy Mart Closes All Stores in Canada, Two in Winnipeg

Peavy Mart started in Winnipeg in 1967. It presently has five stores in Manitoba, two in Winnipeg. The company head office is now in Red Deer along with their flagship location. All this year they have been struggling and it looks like this week it ends. The 22 stores announced for closure so far will not be enough. The entire company will shut down.

The National Grain Company of Minneapolis  set up National Farmways, a "super farm market" based in Winnipeg with their first store in Dawson Creek. In 1975 the company became Peavy Mart, a subsidiary of Peavy in Minneapolis. In 1984, the company was bought by Canadian owners and remained as such till 2025.

The Peavy Marts in Winnipeg were former Zellers locations on Pembina Highway and Nairn. They are a mix of farm supply and do it yourself shop. They had grown in size in company by taking over TSC stores a few years back and their association with Ace Hardware.

It would be appear that the association has failed and the expansion has left them with underperforming stores. It will be saw for the Winnipeg locations but the pain will be felt a lot harder in many of the rural locations where stores are closing.