Peavey Marts in Kingston and Brockville are among 22 locations that will be closed as part of restructuring.
The company announced the news on Tuesday, Jan. 21, saying the stores, located in Ontario and Nova Scotia, will close by the end of April 2025 and that the move is part of a broader strategy to strengthen operations and build a sustainable future.
“Peavey Industries recognizes the significant impact of this decision on employees, customers, and communities.
The company expresses deep gratitude to employees for their hard work, resilience, and dedication. They also thank loyal customers.
The statement added, “Peavey Industries thanks all employees, customers, and partners for their understanding and support during this pivotal time.”
(Written by Sherry Haaima)