Peavey Industries Moves Forward With Growth Strategy

Peavey Industries has broken ground for its flagship store in Red Deer, AB. The location of the 40,000-square-foot store will allow for easy entry, access, and loading of large items on trucks and trailers, plus a safe flow of parking lot traffic. The store will unveil the company’s modernized plans for exterior design and in-store retail shopping experience and should be open by the second quarter of 2022. It is part of the company’s growth strategy that includes expanding its brick-and-mortar store base and improving its omnichannel offerings. It finished and opened its expanded Camrose, AB, store in March; its Airdrie, AB, store in April; and its Vegreville, AB, store expansion should break ground soon. This store will remain open during the expansion. The Prince Albert, SK, store build is nearing completion and is slated to open in the fourth quarter, and a store for Brooks, AB, is in the planning stages.