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Volume XX-Issue 1064 February 4, 2025
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MainStreet Hardware Closing
Top photo, MainStreet Hardware in Vermilion with its closing out signage. Photo Sue Chikie Bottom two photos, MainStreet Hardware staff. Photos submitted
Sue Chikie
dence, inflationary pressures, rising working with our partners and stake- store is an essential ser vice in the operating costs, and ongoing supply holders to preserve the Peavey brand community and that its closure will P e a v e y M a r t l o c a t i o n s a c r o s s disruptions along with a difficult regu- and the value it represents.” h ave a s i g n i f i c a n t i m p a c t o n t h e Canada are set to close their doors in lator y environment. These fac tor s The Vermilion M ainStreet Hard - area. MainStreet Hardware has long the coming months as Peavey Indus- have created significant obstacles ware location opened in November catered to rural life, offering specialtries LP seeks creditor protection. for businesses like Peavey, stated a 2013, with Ebony Jensen serving as ized goods such as farming supplies. Liquidation sales will begin immedi- released statement. manager since its inception. Jensen As of January 31, the store is offerately at 90 Peavey Mart stores and six “ This was a profoundly dif ficult described the news as a “tremendous ing discounts ranging from 10 to 30 MainStreet Hardware locations nation- decision, but one that allows us to shock” and expressed deep gratitude percent, with some limitations. wide, four of which are in Alberta. explore the best possible alterna- to the community for its unwavering Jensen also praised her staff, statT h e d e c i s i o n t o s e e k c r e d i t o r tives for the future of the company,” support over the years. ing, “I would like to thank the staff— protection and close all stores was said Doug Anderson, President and “ MainStreet Hardware would not they have all been champions since made af ter thorough evaluation of CEO of Peavey Industries LP. “ For have been as successful without the finding out about the closure and are ava i l a b l e o pt i o n s, i n c o n s u l t at i o n nearly six decades, our customers’ incredible support of the community,” c ommit ted to seeing this through. with legal and financial advisors. The loyalty, employees’ dedication, and said Jensen. “I sincerely thank every- They are hardworking and have good Canadian retail industr y is experi- the resilience of the communities we one for their encouragement during hearts.” encing unprecedented challenges, serve have been the cornerstone of this process.” At this time, no official closing date including record-low consumer confi- our business. We remain focused on A loyal c ustomer note d that the has been set. Reporter
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