Tokmanni to expand its store in Kaarina by approximately 1,000 square metres – Store will initially have a temporary outlet, and at the beginning of next year, the assortments will be expanded further

Tokmanni, Finland's largest variety discount retailer, is expanding its store in the Piispanristi area of Kaarina by approximately one thousand square metres by taking the business premises next door to its store into use. This autumn the additional premises, which are in the same building as the store, will first house an outlet department in which discontinued items from the variety discount retailer’s assortment will be sold at very low prices. Next year, the Tokmanni store in Kaarina will be comprehensively refurbished, and the outlet will make way for the refurbishment of the store and an expanded assortment.

The expansion work began in the Tokmanni store in September, and the aim is to open the outlet to customers in October.

“Our customers in Kaarina have been asking for assortments that are even wider than we have now. The outlet department that will be opened in October and the expansion of the assortment in connection with the store refurbishment at the beginning of next year, will enable us to respond to our customers' wishes," says Harri Koponen, Vice President, Store Network and Concept at Tokmanni.

The Tokmanni store, which serves customers alongside the temporary outlet, will continue to offer a comprehensive and an interesting assortment of especially beauty, health and wellbeing, interior decoration, cleaning, clothing, leisure, home electronics, home renovation and seasonal products, as well as non-perishable foods at very low prices, in the true spirit of Tokmanni. In addition, the store’s garden department will sell a wide selection of yard and garden products, such as plants and flowers and seasonal tools.

And there will be even more next year when the store is modernised in accordance with Tokmanni’s newest store concept that emphasises quick and easy shopping. The store’s already diverse assortment will become even wider in connection with the modernisation.

The Tokmanni, located at Jännekatu 4, 20760 Piispanristi, will continue to serve its customers also during the expansion work.

Tokmanni’s store chain is growing and modernising

Tokmanni aims to expand its store network to more than 220 stores in Finland. Currently, Tokmanni has 195 stores throughout the country.

Tokmanni has announced that it will open new stores in Kittilä and Nurmijärvi, and in Rusko in Oulu. In addition, Tokmanni will relocate to better commercial premises in the Forum Jyväskylä shopping centre in Jyväskylä city centre and in Leppävirta. Earlier this year, Tokmanni relocated to larger facilities in the Trio shopping centre in Lahti city centre, closed its store in Tornio, acquired the Kemi and Tornio stores of the TEX chain, and opened new stores in Kausala in Iitti and in the Kaari shopping centre in Kannelmäki in Helsinki. Tokmanni has also refurbished several of its stores around Finland this year.


A list of the most significant changes to the Tokmanni store network between 2016 and 2021, as well as changes that will be implemented in the near future and that have already been announced, can be found at ir.tokmanni.fi/en/investors/tokmanni-as-an-investment/new_stores.


TOKMANNI


For further information, please contact:


Harri Koponen
Vice President, Store Network and Concept

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


Maarit Mikkonen
Head of IR and Communications

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 is Finland’s leading variety discount retailer. Some 4,000 Tokmanni employees make customers’ everyday life and special occasions easier by offering a versatile and up-to-date assortment of Finnish and international brand-name products and other high-quality products at prices that are always affordable. With nearly 200 stores around Finland and an online store, Tokmanni is always close to its customers. Tokmanni’s revenue in 2020 amounted to EUR 1,073.2 million. Tokmanni shares are listed on the Nasdaq Helsinki.