RED DEER, Alta. — The 2017 acquisition of TSC Stores by Peavey Industries has created a juggernaut in the farm and ranch sector, with stores that now reach from Ontario to British Columbia.
With two exceptions, the TSC stores are all in Ontario and starting October 1, their signage is being switched to the Peavey Mart banner.
Doug Anderson, president and CEO of parent company Peavey Industries, is excited about the latest step in consolidating the TSC business. He’s also positive about the retail sector in general. “It’s stable. It’s strong. It’s growing, especially in the U.S.,” where, he notes, there are still lots of regional players.
He sees strong growth Canada, as well, with several smaller retailers operating. “But Peavey has established itself as the country’s leading farm and ranch retailer.”
