Closures › Peavey Mart

Peavey Mart

All stores closed · Facts as of Oct 17, 2026

The Red Deer-based farm and hardware chain sought creditor protection and began closing all 90 Peavey Mart and 6 MainStreet Hardware stores in early 2025.

Gift cards, returns & deposits

Gift cards

No longer accepted

Gift cards could be redeemed until Feb. 28, 2025. Court orders were silent; the store-closing agreement said stores would accept active gift cards during the sale.

Source

Returns & exchanges

All sales final

All sales final during the liquidation. Sales in-store only; peaveymart.com not accepting orders.

Source

Deposits & pending orders

Not yet verified

We haven't found an official source for this yet. Check the court monitor's website.

Key facts

Banners: Peavey Mart, MainStreet Hardware
Company: Peavey Industries General Partner Ltd
Category: Farm & hardware
Proceeding: CCAA
Filed / initial order: Jan 27, 2025
Stores affected: 96
CBC reported 90 Peavey Mart and 6 MainStreet Hardware stores. The proposed monitor's report counts 88 Peavey Mart stores (42 in Western Canada, 46 in Eastern Canada) plus 6 other-branded stores.
Sale dates: Not yet verified
Liquidator / sale agent: Gordon Brothers
Provinces: Ontario, Nova Scotia
Headquartered in Red Deer, Alta.; stores across Canada. Ontario and Nova Scotia closures were announced first; other provinces not yet itemized.
Cities / locations: London, Peterborough
Named locations in our sources: Hyde Park Road (London, Ont.) and Lansdowne Street East (Peterborough, Ont.).

Court case & monitor

Court: Court of King's Bench of Alberta, Calgary
Court file no.: 2501-01350
Court officer: FTI Consulting Canada Inc.
Official case website: http://cfcanada.fticonsulting.com/peavey

The monitor's website has the official court orders, notices and claim forms. If you're owed money (for example a gift card balance or deposit), start there.

Timeline

Jan 27, 2025	CCAA initial order granted. source
Feb 28, 2025	Last day to redeem gift cards. source
May 12, 2025	Monitor's Fifth Report: inventory and fixtures liquidation done; all locations closed, vacated and disclaimed. source

Sources

Farm goods retailer Peavey Mart closing all stores and seeking creditor protection, CBC News. Accessed Oct 17, 2026.
CCAA Records — Peavey Industries General Partner Ltd, Office of the Superintendent of Bankruptcy. Accessed Oct 17, 2026.
Massive liquidation sales at Peavey Mart: key info for shoppers, toronto.com / Metroland, published Feb 24, 2025. Accessed Oct 17, 2026.
Store Closing Sales Underway at All Peavey Mart Locations, Gordon Brothers. Accessed Oct 17, 2026.
Fifth Report of the Monitor (filed May 12, 2025), FTI Consulting Canada (Monitor), published May 12, 2025. Accessed Oct 17, 2026.
Proposed Monitor's Report, FTI Consulting Canada (Proposed Monitor). Accessed Oct 17, 2026.
What happens to gift cards when a company goes out of business in Canada, Proceedings., published Oct 10, 2026. Accessed Oct 17, 2026.

Spot an error or have an update? Corrections are checked against the source documents. This page is not legal advice.