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Reading: Canadian chain Peavey Mart warns of imitation scams because it closes all shops
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The Wall Street Publication > Blog > World > Canadian chain Peavey Mart warns of imitation scams because it closes all shops
World

Canadian chain Peavey Mart warns of imitation scams because it closes all shops

Editorial Board Published February 11, 2025
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Canadian chain Peavey Mart warns of imitation scams because it closes all shops
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As Canadian farm retailer Peavey Mart winds down all its shops and affords steep reductions, it’s warning clients of fraudulent web sites which can be utilizing the chance to steal private data.

Peavey Mart, headquartered in Purple Deer, Alta., introduced it might shutter all of its 90 areas nationwide in late January and search creditor safety in a closure attributed to a difficult retail panorama.

With the retailer providing liquidation reductions of as much as 30 per cent, it says pretend web sites and Fb pages pretending to be Peavey Mart try to steal shoppers’ private data.

Summerland RCMP, in B.C.’s southern Inside, issued a warning Monday concerning the rip-off, saying Peavey Mart doesn’t supply on-line purchasing and its gross sales are in-store solely.

Peavey Mart has warned its clients of fraudulent web sites, saying its liquidation gross sales are in-store solely. (Peavey Mart)

“For safety, use an internet browser to navigate to the known business website, or call a nearby location and confirm the correct website and any sales that may be happening,” police stated in a press release.

For its half, Peavey Mart says if a social media web page doesn’t carry a verified title and checkmark, clients shouldn’t click on on something it affords.

A sign reads 'Peavey Mart Your Rural Lifestyle Store'.Peavey catered to a clientele looking for objects associated to the agricultural way of life, all the things from fencing to feed. (Andrew Lupton/CBC)

It posted graphics of 1 such Fb web page, with the retailer saying the web page in query didn’t have a Canadian cellphone quantity and had the mistaken web site linked.

Peavey Mart additionally says it would by no means ask for bank card funds on-line or by way of the cellphone and suggested its clients to name their native RCMP’s non-emergency line if they think they’ve been scammed.

A graphic of a fake Facebook page titled 'Close Clearance', with markups depicting that the Facebook page is not that of Peavey Mart.Along with pretend web sites, Peavey Mart says pretend Fb pages masquerading as the corporate have began popping up. (Peavey Mart)

Closure blamed on rising prices

The Canadian chain, which marketed itself as a “farm and ranch” retailer, traces its historical past again to 1967 when it was generally known as Nationwide Farmway. Its first retail location was in Dawson Creek, B.C., and over the a long time, it unfold throughout the nation.

Although it was briefly owned by the Peavey Firm of Minneapolis, it returned to Canadian possession in 1984, and it says it’s “100 per cent Canadian-owned and operated.”

In a press release saying the closure, Peavey Mart stated that “record-low consumer confidence, inflationary pressures, rising operating costs and ongoing supply disruptions along with a difficult regulatory environment” had created vital obstacles for its enterprise.

Signs on a storefront read 'Entire store up to 30% Store wide sale Store closing Nothing Held Back!'Peavey Mart is providing reductions of as much as 30 per cent on lots of its objects as a part of its liquidation gross sales. (Andrew Lupton/CBC)

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