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Tokmanni as an investment

Tokmanni Group Corporation’s shares are listed on Nasdaq Helsinki’s Main Market list.

Tokmanni is one of the leading variety discount retailers in the Nordics. We serve our customers with a network of around 200 Tokmanni stores, several Miny stores, a total of around 30 Click Shoes and Shoe House stores, and online stores tokmanni.fi and clickshoes.fi. In addition, since August 2023, Dollarstoreone of the leading Swedish discount retail chains, has been part of Tokmanni Group. At the end of March 2024, Tokmanni Group had a total of 372 stores. In Finland, the Group had 201 Tokmanni, 28 Click Shoes, 2 Shoe House and 6 Miny stores. In Sweden, Tokmanni Group had 131 Dollarstore stores and in Denmark 4 Big Dollar stores.

Dollarstore is the spearhead of our expansion. Tokmanni Group will support Dollarstore’s strong growth in current and potential new markets. Tokmanni’s growth path comes from destination categories and LFL sales growth. In addition, we will explore opportunities to expand Click Shoes or Miny in their current or potential new markets. Tokmanni Group's long-term vision is to become the leading discount retailer in Northern Europe. 

Tokmanni Group's stores is a customer-oriented variety discount retailers whose competitive advantages are low prices, attractive assortment, service-oriented and motivated personnel, and an efficient and agile business model. Tokmanni's online store in Finland is efficiently combined with its national store network. Tokmanni Group aims for stable and profitable long-term growth.

Low prices

Low prices are composed of several factors. Direct imports of its private labels, long-term supplier relations, sourcing in batches and efficient processes all contribute to keeping our prices low. Tokmanni Group's operating model is cost-efficient, and the company focuses on efficiency throughout the value chain from factory to customer.

Attractive and wide product assortment

Tokmanni Group’s store's assortment consists of private label and exclusive brand products as well as non-branded products and leading international brands. The stores has a wide range of products with an excellent price-quality ratio, for example in the following product categories:

  • home cleaning
  • personal care
  • tools and electrical equipment
  • home and decoration
  • garden, yard and balcony
  • leisure
  • party
  • home electronics
  • clothing
  • pets
  • groceries.

Service-oriented and motivated personnel

Competent, enthusiastic and motivated employees work together to serve their customers, thus enabling the company to achieve its targets. It is particularly important to ensure that the employees possess the proper expertise and that they are committed to achieving the common targets. The different personnel groups have varying needs regarding skills, and the company is very active in providing its employees with training. Wellbeing at work provides the best conditions for productive work and coping at work. We reward our personnel for good and productive work, and employees are covered by the performance bonus system.

Combination of online store and nationwide store network

Tokmanni's online store in Finland is closely connected with its comprehensive network of stores. Tokmanni’s competitive advantage over other online stores is its nationwide chain of stores that enables customers to pick up and return products quickly and conveniently. The Tokmanni online store and stores represent a customer-oriented and modern variety discount retail concept that offers customers a pleasant customer experience and responds to their changing needs in the fastest and most agile way possible. Tokmanni develops its online store and store concept based on a model of continuous improvement.

Cost-efficient and agile sourcing model

Tokmanni Group sources products from several different suppliers. The Group focuses on increasing its sourcing directly from suppliers and countries with low manufacturing costs. This is done, for example, in cooperation with Norwegian company Europris through a joint venture located in Shanghai. By omitting intermediaries and by sourcing products directly from suppliers, Tokmanni is able to offer products at a very low price. This also gives Tokmanni more control of the supply chain and its responsibility.

Tokmanni engages in sourcing cooperation with Europris chain in Asia (incl. China, India, Bangladesh, Myanmar, Thailand, Cambodia, Indonesia and Vietnam) and Eastern Europe (incl. Turkey, Poland, Bulgaria, Romania, Czechia, Slovakia, Hungary, Serbia, Bosnia, Slovenia, Croatia, Estonia, Latvia and Lithuania). The functions in Vietnam were launched in August 2022 through the joint sourcing company of Tokmanni and Europris, located in Shanghai.

Dividend

Tokmanni Group’s aim is to distribute around 70 per cent of net income for each financial year in dividends, depending on the capital structure, financial position, general economic and business conditions and future prospects.

Products with the best price-to-quality ratio

The quality and safety of products are monitored in the country of origin, and at the logistics centre and stores. Products undergo technical product inspections, consignment inspections and risk-based self-supervision inspections. The aim is to prevent all deviations in product safety and quality-of-use in advance. This is ensured through inspections of product quality and documentation which check that the products fulfil legal requirements and are appropriate for the Finnish market.

Responsible operations

Sustainability means business integrity, fair treatment, responsible sourcing of products and efficient use of resources. Responsible sourcing means, above all, ensuring that the fundamental rights of employees are implemented throughout the supply chain. We focus on our private label products, direct imports, building long-term supplier relationships and close cooperation with various parties. This makes it possible to have an impact on the production conditions of sourced products and to keep prices low.


Page last updated: 01.11.2024