Tokmanni to open a new store in Sodankylä

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Tokmanni     Press release     15 March 2024 at 1:00 p.m.

The new Tokmanni store in Sodankylä will be significantly more spacious than the existing store in the municipality. The conceptual drawing above is an indicative view of the facade of the store. Conceptual drawing: A1 Arkkitehdit Oy

Tokmanni has acquired approximately 1.3 hectares of land from the municipality of Sodankylä for the construction of a new Tokmanni store. The new store will be conveniently located in the immediate vicinity of the intersection of the E75 road and Kittiläntie, opposite to the Sodankylä Health Centre. Once completed, the new store will replace the existing Tokmanni store in Sodankylä.

Tokmanni has already started planning its new store. The new store will be approximately three times bigger than the existing Tokmanni store, which has approximately 850 square metres of space.

If the official matters proceed smoothly with the authorities, Tokmanni estimates that the construction of the new store will commence already during this spring. The new Sodankylä store is expected to have its opening celebrations either in November 2024 or March 2025.

"We are pleased to announce the construction of the new Tokmanni store in Sodankylä. Due to the small size of the existing Tokmanni store in the municipality, we have not been able to meet all the wishes of our customers. The new store premises, which will have about three times the space compared to the existing store, will allow Tokmanni to offer a wide product selection," says Harri Koponen, Vice President, Store Network and Concept at Tokmanni.

"The opening of the new Tokmanni store in Sodankylä is very pleasant news. Tokmanni develops its operations in a customer-oriented way, and therefore the new store will improve the services of the local residents and our guests. At the same time, Tokmanni’s investment promotes the vitality of the municipality," says Jari Rantapelkonen, Mayor of Sodankylä.

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

In addition to the acquisition of the piece of land in Sodankylä, 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 new store in December in Katajaharju in Kouvola.

Tokmanni will also refurbish several of its stores this year. For example, on Thursday 14 March, Tokmanni celebrated its comprehensively extended and refurbished store in Ylöjärvi and its refurbished store in the Ideapark Oulu shopping centre in Ritaharju in Oulu.

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 Bigdollar 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:


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.