Sources close to Peavey Mart have said it will be closing all its stores across Canada, including their location in Moose Jaw.
The decision is part of a nationwide shutdown that will see nearly two dozen stores close by the end of February. There is no specific timeline announced for all stores.
The retailer, which has been known for offering agricultural supplies, hardware, and home improvement products, has stated in a press release, that changing market conditions and declining profits are behind the closures.
The company has not provided specific details about the number of employees affected by the closures but said it is working to assist staff during the transition.
Peavey Mart customers have already noticed sales advertising closing and empty or unstocked shelves in the store.
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