Company type | Limited partnership |
---|---|
Industry | Retail |
Founded | 1967 in Winnipeg, Manitoba |
Headquarters | , Canada |
Key people | Doug Anderson (CEO) |
Peavey Mart is a Red Deer, Alberta-based chain of hardware and agricultural supply stores owned by Peavey Industries LP. The chain was originally founded by the Peavey Company in 1967 as National Farmway Stores, and was renamed Peavey Mart in 1974. The chain was acquired by its Canadian management in 1984.
The chain primarily operates in Western Canada. In 2016, Peavey Industries acquired the Canadian operations of Tractor Supply Company (TSC); its locations were rebranded as Peavey Mart, expanding the chain into Ontario, and expanding its presence in Manitoba. In 2020, Peavey Industries acquired the Canadian master license to Ace Hardware from Rona, servicing its 107 locations.
The company was first established in Winnipeg in 1967 as National Farmway Stores, under the ownership of the National Grain division of the Minneapolis-based Peavey Company. Its first location was located in Dawson Creek, British Columbia. In 1974, Peavey Company sold National Grain but retained the National Farmway Stores division, renaming it Peavey Mart. In 1982, Peavey Company was acquired by ConAgra, which planned to fold the Peavey Mart chain due to its performance. In 1984, Peavey Mart was acquired by its management, including Rick Anderson (the father of present-day CEO Doug Anderson), making it a Canadian-owned company. [1] [2]
In 2012, Peavey Industries established a new, smaller hardware store concept, MainStreet Hardware, at three locations in Blackfalds, Ponoka and Vermilion, Alberta. [2]
In July 2016, Peavey Industries acquired a controlling interest in the Canadian division of TSC from Birch Hill Equity Partners, including 51 stores and its London, Ontario distribution centre. Peavey Industries completed its acquisition of the division in 2017, [2] [3] more than doubling the company's retail footprint from 34 stores predominantly in Western Canada, to 85 with an expanded presence in Manitoba and Ontario. [2] The Manitoba TSC stores were rebranded as Peavey Mart in 2016, and the Ontario stores in 2021. [2] [4]
In March 2020, Peavey Industries acquired the Canadian master license for Ace Hardware from Lowe's-owned Rona. Peavey is maintaining the 107-store Ace chain, but began to stock their store brands at its locations, and integrated the stores into Peavey Mart's expanded ecommerce operations. [5] [2]
In May 2021, Peavey Mart began construction of a new flagship location in Red Deer. [1]
In 2023, Peavey Industries acquired the Red Deer-based transport company Guy's Freightways; Peavey Mart had been a client of the company since 1975. [6] [7]
In July 2021, Peavey Mart acquired the naming rights to the Westerner Park Centrium in Red Deer under a five-year agreement. [8]
Shoppers Drug Mart Inc. is a Canadian retail pharmacy chain based in Toronto, Ontario. It has more than 1,300 stores in ten provinces and two territories.
Dominion was a national chain of supermarkets in Canada, which was known as the Dominion of Canada when the chain was founded. The chain was founded in 1919 in Ontario and was later acquired by the Argus Corporation. It was broken up in the mid-1980s, with key locations and the rights to the brand sold to The Great Atlantic & Pacific Tea Company (A&P), which restricted the chain to the Greater Toronto Area. Stores elsewhere in Ontario were converted to the A&P banner, and others were sold to third parties. A&P's Canadian division was later acquired by Metro Inc., which rebranded the remaining Dominion stores to its namesake banner in 2008.
Rona, Inc. is a Canadian retailer of home improvement and construction products and services, owned by U.S.-based private equity firm Sycamore Partners. Founded in 1939, the company operates a mixture of company-owned and franchised retailers under multiple banners, including Rona, its big box formats Rona Home & Garden, Rona+, as well as smaller brands such as Rona Cashway, Moffatt & Powell and Dick's Lumber.
Ace Hardware Corporation is an American hardware retailers' cooperative based in Oak Brook, Illinois, United States. It is the largest non-grocery retail cooperative in the United States.
Lowe's Companies, Inc. is an American retail company specializing in home improvement. Headquartered in Mooresville, North Carolina, the company operates a chain of retail stores in the United States. As of Oct. 28, 2022, Lowe's and its related businesses operated 2,181 home improvement and hardware stores in North America.
Real Canadian Superstore is a chain of supermarkets owned by Canadian food retailing giant Loblaw Companies. Its name is often shortened to Superstore, or, less commonly, RCSS.
The Peavey Mart Centrium is a two-tier 7,111-seat multi-purpose arena in Red Deer, Alberta, Canada. The arena is a multi-use facility accommodating national events, concerts, hockey, rodeo, trade shows, and even graduations. It was built in 1991 and is the home arena of the Red Deer Rebels hockey team. The arena can hold a maximum of 7,819 people when floor seating is used,making it the third largest WHL arena not shared with an NHL team. "Half house" seating is 3,357 when floor to ceiling divider curtains are used to mask off unused seating.
The North West Company Inc. is a multinational Canadian grocery and retail company which operates stores in Canada's western provinces and northern territories; the US states of Alaska and Hawaii; and several other countries and US territories in Oceania and the Caribbean.
Walmart Canada is a Canadian retail corporation, discount retailer and the Canadian subsidiary of the U.S.-based multinational retail conglomerate Walmart. Headquartered in Mississauga, Ontario, it was founded on March 17, 1994, with the purchase of the Woolco Canada chain from the F. W. Woolworth Company.
Miracle Food Mart was a supermarket chain in Ontario, Canada, owned by Steinberg's, a Quebec-based retailer in the 1970s and 1980s.
Fields Stores Ltd. is a Canadian discount store company owned by FHC Holdings, with 67 locations in British Columbia, Alberta, Saskatchewan, Manitoba, and the Northwest Territories.
Gamble-Skogmo Inc. was a conglomerate of retail chains and other businesses that was headquartered in St. Louis Park, Minnesota. Business operated or franchised by Gamble-Skogmo included Gambles hardware and auto supply stores, Woman's World and Mode O'Day clothing stores, J.M. McDonald department stores, Leath Furniture stores, Tempo and Buckeye Mart Discount Stores, Howard's Brandiscount Department Stores, Rasco Variety Stores, Sarco Outlet Stores, Toy World, Rasco-Tempo, Red Owl Grocery, Snyder Drug and the Aldens mail-order company. In Canada, retail operations consisted of Macleods Hardware, based in Winnipeg, Manitoba, and Stedmans Department Stores, based in Toronto, Ontario. Gamble-Skogmo carried a line of home appliances, including radios, televisions, refrigerators, and freezers, under the Coronado brand name.
Stedmans V&S is a Canadian variety discount department store chain.
Réno-Dépôt was a Canadian chain of home supply stores owned by Rona, Inc. Primarily operating in Quebec, Réno-Dépôt was a warehouse-styled format with a focus on discounted renovation and household hardware products. The chain briefly expanded into Ontario under the name The Building Box; following Rona's acquisition of Réno-Dépôt, these stores were re-branded as Rona Home & Garden locations in 2004.
Target Canada Co. was a short-lived Canadian subsidiary of the Target Corporation, the eighth-largest retailer in the United States. Formerly headquartered in Mississauga, Ontario, the subsidiary formed with the acquisition of Zellers store leases from the Hudson's Bay Company (HBC) in January 2011. Target Canada opened its first store in March 2013, and by January 2015 was operating 133 locations throughout Canada. Its main competition included Walmart Canada, Loblaws, Shoppers Drug Mart, and Canadian Tire.
Metropolitan Stores of Canada Ltd. was a Canadian variety department store chain based in Winnipeg, Manitoba.
Parkland Corporation is a Calgary, Alberta-based energy and retail company. Parkland operates gas stations under the Esso, Ultramar, Chevron, Pioneer, and Fas Gas Plus brands. The company holds the rights to the convenience store brand On the Run in Canada and most of the United States, and franchises White Spot's fast food restaurant chain Triple O's in Alberta, British Columbia, and Ontario. Parkland also operates commercial oil and gas businesses under the Bluewave Energy, Sparlings, and Ultramar brands.
Lowe's Canada, Inc. was the Canadian subsidiary of American home improvement chain Lowe's.