Peavey Mart, which has six locations in Manitoba, is set to close its doors.
In a release, Peavey Mart announced they received an Initial Order for creditor protection under the Companies Creditors Agreement Act. 22 stores in Nova Scotia and Ontario recently closed and all remaining stores in the country will be closed in the coming weeks and months.
In the release, Peavey Mart had this to say about the closure.
As a proudly Canadian retailer with nearly 60 years of history, predominantly serving rural communities, we have faced the extreme pressures affecting Canadians across the country. Through it all, we have remained committed to the values that define us," it read. "For decades, Peavey Mart has supported local events, funded charities, and worked to strengthen the communities we call home. If you’ve ever benefited from one of our partnerships or seen the impact of our initiatives, we humbly ask for your continued support to help us work through this challenging time."
Peavey Mart has one location in Swan River, one each in Steinbach, Winkler and Brandon, and two locations in Winnipeg.
The release wants to thank the public for believing in them over the years.