Tokmanni to close its store in the Columbus shopping centre in Vuosaari in Helsinki

Tokmanni     Press release     1 March 2024 at 1:30 p.m.

Tokmanni will close its store in the Columbus shopping centre in Vuosaari in Helsinki due to the expiration of the lease agreement. The store will be closed around mid-April. Tokmanni is currently looking for new store premises to replace the soon-to-be-closed store.

The store, which has served its customers in the Columbus shopping centre since 2017, employs around 15 retail professionals. They can continue working in other Tokmanni stores in the Helsinki metropolitan area.

The variety discount retailer currently has 12 Tokmanni stores in Helsinki and 22 Tokmanni stores in various locations in the Helsinki Metropolitan area. The newest of these stores was opened in Konala in Helsinki last year. In the Helsinki Metropolitan area, the Tokmanni Group also has two Miny stores, one Shoe House store and three Click Shoes stores.

The Tokmanni Group’s network of stores will continue to grow and renew

Tokmanni has entered into agreements on opening new Tokmanni stores in Pälkäne, in Eurajoki and in Söderkulla and Nikkilä in Sipoo. The construction of the Tokmanni stores in Pälkäne and in Söderkulla in Sipoo is underway, and the store openings will be celebrated in April 2024. The construction of the Tokmanni store in Eurajoki has also started, and the opening is planned for the autumn of 2024. In Nikkilä in Sipoo, the construction of the Tokmanni store is scheduled to start in the spring, and Tokmanni aims to celebrate the opening of the store later this year. The Tokmanni store chain celebrated its latest store opening in December in Katajaharju in Kouvola.

In addition to the above, Tokmanni will refurbish several of its stores this year. For example, Tokmanni is currently renovating its store in the Elovainio business centre in Ylöjärvi. Last autumn, the Tokmanni Group entered into an agreement with Terttu and Jaakko Pirtinaho’s Mutalan Kauppa Oy on the acquisition of the business operations of the Villen Kauppa grocery store 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 in the business centre in early 2024.

In Finland, the Tokmanni Group includes the Tokmanni variety discount retail chain, the Click Shoes and Shoe House shoe chains, and the Miny lifestyle brand. Currently, the Tokmanni variety discount retail chain has 201 stores, Click Shoes has 28 stores, Shoe House has two stores and Miny has six stores in Finland. This spring, in addition to the Tokmanni stores mentioned above, the number of stores in Finland will increase in at least the Click Shoes chain, which will open a new shoe store in the Koskikeskus shopping centre in the heart of Tampere by the end of April. In Finland, Tokmanni Group also serves its customers through the Tokmanni and Click Shoes online stores.

The Tokmanni Group also owns the Swedish Dollarstore discount retail chain. Dollarstore currently has 130 Dollarstore stores in Sweden and four Big Dollar stores in Denmark. The next Dollarstore store will be opened in Uddevalla, Sweden at the end of March this year. In Denmark, the next Bigdollar store opening will be celebrated in Frederikshavn at the end of May this year.


Familiarise yourself with the most significant changes of the Tokmanni Group’s store network between 2016 and 2024, as well as changes that will be implemented in the near future and that have already been announced at ir.tokmanni.fi/en/investors/tokmanni-as-an-investment/new_stores.


TOKMANNI


For further information, please contact:


Timo Heimo
Vice President, Sales and Supply Chain
Tokmanni

Tel. +358 20 728 6051
timo.heimo(at)tokmanni.fi


Harri Koponen
Vice President, Store Network and Concept
Tokmanni

Tel. +358 20 728 6030
harri.koponen(at)tokmanni.fi


Maarit Mikkonen
Head of IR and Communications
Tokmanni

Tel. +358 40 562 2282
maarit.mikkonen(at)tokmanni.fi


Calls to a corporate number beginning with +358 20 7 from a landline or a mobile phone are EUR 0.0835 per minute + EUR 0.1669 per minute (incl. VAT 24%). Calls from outside Finland are subject to an international call charge.


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.