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Cambridge farming supply store closing after 24 years in business

Cambridge Peavey Mart closing after serving the Cambridge area, first as TSC, for almost 25 years
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A customer walks out of the Peavey Mart on Dundas Street on Monday, July 29, 2024.

Another long-time Cambridge business is closing its doors for good as Peavey Mart on Dundas Street is calling it quits. 

The store announced over the weekend that after 24 years, it will be closing its doors for good Sept. 30. 

"With heavy hearts, we must announce the closing of our Cambridge location," wrote the store owners in a social media post. 

"We would like to thank all our valued customers for your loyalty and for the friendships built over the past 24 years."

The old Tractor Supply Company (TSC) was acquired by Peavey Industries in 2017 as part of a franchise takeover that saw the Cambridge location become Peavey Mart in 2020. 

Since then Peavey Mart has taken over selling Cambridge its tractor, farming and automotive needs. 

Peavey Industries did not immediately respond to requests for comments on why the Cambridge location is closing. 

Staff at the store said they were upset about the closure, but declined to comment further on the situation when asked Monday.

"It will be difficult to say goodbye, but we wanted to take the opportunity to express our love and appreciation for everyone that has made this location a joy to work at," said the Facebook post. 

The company's roots go back to 1967 when it started as National Farmway, a chain of "super farm markets" whose first location opened in Dawson Creek, BC.

By 1975, the chain became known as Peavey Mart, a subsidiary of Peavey Company of Minneapolis and in 1984, the company returned to Canadian ownership.

In 2017, Peavey Industries LP acquired the TSC Stores banner, based in London, Ontario with stores operating in Ontario and Manitoba. 

In spring of 2021, the final conversion of all TSC Stores to Peavey Mart.

According to the Peavey Mart site, the businees operates 90 stores across Canada from British Columbia to Nova Scotia ranging in size from 10,000-48,000 sq. ft.

The Peavey Industries LP home office is located in Red Deer, Alberta.

 

 

 

 

 


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Joe McGinty

About the Author: Joe McGinty

Joe McGinty is a multimedia journalist who covers local news in the Cambridge area. He is a graduate of Conestoga College and began his career as a freelance journalist at CambridgeToday before joining full time.
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