Red Deer, AB – With the support of a group of well capitalized investors, Peavey Mart will commence the relaunch in select prairie locations in the late fall of 2025 including Spruce Grove, Westlock, Camrose, and Lacombe.

The Peavey Mart stores are owned by 2707162 Alberta Ltd., an investment group who has capitalized the relaunch. Customers can expect to see many of their favourite brands back on store shelves including Harvest Goodness, Rolling Acres, Scotts, Dickies, Pitt Boss, Shell, and more. Peavey Mart stores will reflect the needs of customers by providing reliable and relevant products, shifting offerings to reflect a focus on high quality, unique, and locally sourced items that highlight the Canadian entrepreneurial spirit.

“We know that the closure of Peavey Mart stores left a gap for many customers,” said Doug Anderson. “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.”

With the historical success of many locations in prairie markets, the ownership group is confident in a successful relaunch of the initial four Peavey Mart stores. As the second tranche of investors are onboarded, the ownership group will target openings in other previously held markets, including Saskatchewan.

Kurt Schultz, Lead Merchant and a member the operations leadership team, echoed Anderson’s comments. “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.”

The ownership group secured the rights to the Peavey Mart name and associated intellectual property from the defunct Peavey Industries LP in April of 2025 with the goal of opening 7-12 locations. The new company has secured 40,000 ft2 of distribution space in Red Deer County to support the ongoing operations and distribution requirements for the endeavour and has built a focused team within their Home Office to support the relaunch. Operations recruitment has also begun for positions within stores and the distribution warehouse. More information on available positions can be found at careers.peaveymart.com.

Anderson added a large component of the ownership group’s mandate is to create an agile culture where store, office and distribution teams work collaboratively, while ensuring that the company can pivot as necessary to support both customer needs’ and continued profitable operations for many years to come.

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Peavey Mart began in 1967 with a rich history of grit, resilience and prairie spirit, proudly serving Canadian farmers and homesteaders for generations. Relaunching in 2025, Peavey Mart stores will provide the service and selection of hardware and a whole lot more that customers have relied on for decades.

For media inquiries, please contact: Meagan Parisian - Leader, Marketing & eCommerce at info[at]peaveymart.com