Woodstock Peavey Mart Closing

Friday, 24 January 2025 07:52

Twenty-two Peavey Mart stores will close by the end of April, 2025.

WOODSTOCK - Say goodbye to the Woodstock Peavey Mart.

Peavey Industries has announced the closure of 22 Peavey Mart locations across Ontario and Nova Scotia, and the Woodstock store is one of them.

The company says it's reallocating resources to markets with a stronger performance while addressing the "underperforming locations" at the same time. This is all part of a strategy to optimize their retail footprint.

President and CEO Doug Anderson says they have partnered with Gordon Brothers Realty Services, LLC for this transition.

"The Canadian retail environment has faced significant disruption over recent years, and Peavey has not been immune to these challenges. 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."

The following locations will close by the end of April, 2025:

- Arnprior, Ontario
- Bedford, Nova Scotia
- Bowmanville, Ontario
- Brockville, Ontario
- Chatham, Ontario
- Collingwood, Ontario
- Cornwall, Ontario
- Goderich, Ontario
- Grimsby, Ontario
- Kingston, Ontario
- Kitchener, Ontario
- Lambeth, Ontario
- Mount Forest, Ontario
- New Liskeard, Ontario
- Sarnia, Ontario
- Smiths Falls, Ontario
- St. Catharines, Ontario
- St. Jacobs, Ontario
- St. Thomas, Ontario
- Sudbury, Ontario
- Woodstock, Ontario
- Uxbridge, Ontario

We have reached out to Peavey Industries to see how many jobs will be lost in Woodstock. We have not received an official response regarding the number, but the company did issue this statement in a press release:

"To our employees, we cannot thank you enough for your hard work, resilience, and passion. You have been the heart of Peavey Mart, and your contributions have left a lasting legacy. To the communities we have served, we are grateful for the trust and loyalty you have shown over the years. We know how much the Peavey Mart brand means to you and we want to thank you for the years of support."