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Tokmanni Group to open four new stores by end of 2025
Yahoo Finance·2025-09-10 11:28

Expansion Plans - A Swedish discount retail chain owned by the Finnish Tokmanni Group has announced agreements for four new store openings in Sweden and Denmark by the end of 2025, including three new Dollarstore outlets in Sweden and one Big Dollar store in Denmark [1][2] - The new Dollarstore outlets in Sweden will be located at Erikslund in Västerås, Gamlestaden in Gothenburg, and Lycksele, with specific opening dates set for late 2025 [2] Current Operations - Tokmanni Group currently operates 134 Dollarstore outlets in Sweden and nine Big Dollar stores in Denmark, with a total of 383 stores across Finland, Sweden, and Denmark [1][4] - In Finland, Tokmanni Group runs 204 Tokmanni stores, 34 Click Shoes stores, and two Shoes House stores, along with online stores for Tokmanni and Click Shoes [5] Product Range and Strategy - Dollarstore has recently renewed its product range by introducing numerous products and brands from the Tokmanni Group's private label assortment, including brands like Kotikulta, Miny, Energy+, and BBQ King [3] - The expansion aims to enhance service and accessibility for customers, indicating a strategic focus on increasing market presence [4] Future Developments - Additional openings are planned, including a Big Dollar store in Skive, Denmark, and a Dollarstore in Östhammar, Sweden, set to open in 2024 [2][3] - Tokmanni Group also aims to expand its operations in Finland with new outlets planned in Naantali, Kimitoön, and Tuusula, along with relocating a store to Nilsiä, Kuopio [4] Brand Rights - Hypermarket chain SPAR International granted Tokmanni sole rights to operate its brand in Finland starting in early 2025, indicating potential growth opportunities for the group [5]