Tokmanni Group’s Dollarstore continues to expand its store network both in Sweden and Denmark – Store opening ceremonies will be held in Uddevalla and Frederikshavn
Tokmanni Group Corporation Press release 9 February 2024 at 10:30 a.m.
Dollarstore, which has been part of Tokmanni Group since August 2023, currently has 130 Dollarstore stores in Sweden and four Bigdollar stores in Denmark. The latest stores were opened in Denmark: in Hjørring in September and in Holbæk in November last yer.
The Swedish discount retailer Dollarstore, which Finnish variety discount retailer Tokmanni Group acquired in August 2023, will open a new store both in Uddevalla in Sweden and in Frederikshavn in Denmark. The Uddevalla store will be opened under the Dollarstore brand on Friday 22 March 2024, and the Frederikshavn store will be a Bigdollar store and will have its opening ceremonies on Friday 24 May 2024.
The Dollarstore store will be opened in Uddevalla at Torp retail area, and it will have around 3,300 square metres of space. In Denmark, the Bigdollar store, measuring around 3,100 square metres, will be situated along the Hjørringvej road in Frederikshavn.
Both new stores are designed by the Swedish variety discount retailer and will be offering their customers a wide range of products related to hygiene, beauty, home décor, cleaning supplies, leisure, snacks and drinks and seasonal items to name a few.
Apart from the brand names, the general appearance, brand identity as well as the product range are largely the same at Dollarstore and Bigdollar. Both store chains focus on offering an exciting, unexpected and joyful shopping experience and the store chain takes great pride in being able to exceed customer expectations in terms of product range and prices. Shopping at Dollarstore and Bigdollar stores is supposed to be a treasure hunt no matter who you are.
“We look forward to the expansion of our store network. After the store openings in Uddevalla and Frederikshavn, our customers will be served with 131 Dollarstore stores in Sweden and five Bigdollar stores in Denmark. And this is only the beginning for this year, there is more to come,” says Fredrik Holmström, Head of Expansion at Dollarstore.
“People in Sweden are already delightfully familiar with Dollarstore, its offering and ‘mighty fine prices’. In Denmark, our first four Bigdollar stores have generated a great deal of interest. By expanding our store network, we can tell even more people what Bigdollar has to offer in Denmark,” he adds.
Enthusiastic retail sector professionals and plenty of opening offers
The Dollarstore in Uddevalla and the Bigdollar store in Frederikshavn will both employ a Store Manager and around 10 to 12 retail sector professionals. In Uddevalla, the store will serve its customers on weekdays from 10 am to 8 pm, and on weekends from 10 am to 5 pm. In Frederikshavn, the Bigdollar store will be open on weekdays from 9 am to 7 pm, and on weekends from 9 am to 5 pm.
The store chains will celebrate the openings of the Uddevalla and Frederikshavn stores with plenty of special offers. The chains will reveal these opening offers closer to the opening ceremonies.
Both Dollarstore and Bigdollar stores focus on offering an exciting and unexpected and joyful shopping experience. The store chains take great pride in being able to exceed customer expectations in terms of product range and low prices.
Dollarstore and Bigdollar operate under Dollarstore chain’s management
– Owned by one of the leading variety discount retailers in the Nordics
The Swedish variety discount retailer Dollarstore is responsible for the daily operations of the Dollarstore and Bigdollar store chains. The Finnish Tokmanni Group Corporation is one of the leading variety discount retailers in the Nordics, and its shares are listed on Nasdaq Helsinki. Since August 2023, Dollarstore has been part of Tokmanni Group.
The Group is currently serving its customers with 371 stores. Of these stores, 201 are Tokmanni stores, 130 are Dollarstore stores, four are Bigdollar stores, six are Miny stores, 28 are Click Shoes stores and two are Shoe House stores. Of these store chains, Tokmanni, Miny, Click Shoes and Shoe House operates in Finland, Dollarstore in Sweden, and Bigdollar in Denmark. In addition to its store network, the Tokmanni Group also has online stores for its Tokmanni and Click Shoes store chains. These online stores serve their customers in Finland.
Tokmanni Group’s network of stores continues to grow and renew also in Finland
Tokmanni Group continues to grow and renew its store network also outside Sweden and Denmark. In Finland, the Tokmanni store chain has, for example, entered into agreements on opening new Tokmanni stores in Pälkäne, Eurajoki, and Söderkulla and Nikkilä in Sipoo. In Pälkäne and Söderkulla in Sipoo, the construction work of the Tokmanni stores is underway and the store openings are planned for the spring of 2024. In Eurajoki, the construction work of the Tokmanni store is scheduled to start in the spring, and the opening is planned for the autumn of 2024. In Nikkilä in Sipoo, Tokmanni has purchased land for its store from the municipality of Sipoo and has started planning the store. The variety discount retailer aims to celebrate the opening of the store in Nikkilä later this year, provided that the permits are approved early this year. The Tokmanni store chain celebrated its latest store opening in December in Katajaharju in Kouvola.
In addition, Tokmanni is currently renovating its store in the Elovainio business centre in Ylöjärvi, for instance. Last autumn, the Tokmanni Group concluded an agreement with the retailer and entrepreneurial couple Terttu and Jaakko Pirtinaho’s Mutalan Kauppa Oy to acquire the business of the Villen Kauppa grocery store, which operated in the business centre. Tokmanni acquired the business at the beginning of this year. The operations of Villen Kauppa will be merged into the Tokmanni store serving in the business centre during the first part of the year.
The Click Shoes store chain is also expanding its store network in Finland. The opening ceremonies of the next Click Shoes store will be held in the Koskikeskus shopping centre in the heart of Tampere by the end of April.
TOKMANNI GROUP CORPORATION
For further information, please contact:
Anders Kind
CEO
Dollarstore
Tel. +46 70 286 15 01
anders.kind(at)dollarstore.se
Maarit Mikkonen
Head of IR and Communications
Tokmanni
Tel. +358 40 562 2282
maarit.mikkonen(at)tokmanni.fi
Dollarstore
Dollarstore, founded in 1994, is one of the largest low-price players in Sweden with a wide product range in fashion & beauty, snacks & drinks, home furnishings, cleaning, season & party, leisure & toys, animals and other. Dollarstore has 130 Dollarstore stores all over Sweden and four stores in Denmark under the name Bigdollar. There are a total of approximately 2,300 employees in Sweden and Denmark. Dollarstore's revenue was approximately EUR 394 million for the fiscal year ending January 31, 2023. Since 1994, Dollarstore's revenue has doubled on average every 4 years.
Tokmanni Group
Tokmanni Group Corporation is one of the leading variety discount retailers in the Nordics. Around 6,600 employees in Finland, Sweden and Denmark make customers’ everyday life and special occasions easier by offering a versatile and up-to-date assortment of nordic and international brand-name products and other high-quality products at prices that are always affordable. With more than 370 Tokmanni, Dollarstore, Bigdollar, Miny, Click Shoes and Shoe House stores and online stores, the Group is always close to its customers. In 2022, Tokmanni Group Corporation's revenue was EUR 1,168 million and comparable EBIT amounted to EUR 86 million. The Group's shares are listed on Nasdaq Helsinki.
