Company Overview
General information about the Tokmanni Group Corp company
Tokmanni Group Corp company is the largest general discount retailer in Finland, with over 190 stores across the country. The company was founded in 1989 and is headquartered in Mäntsälä, Finland. Its main business is based on a chain of stores that offer a wide variety of products at low prices.
The stores are typically located in smaller towns and suburbs, with the aim of offering affordable products to all Finnish consumers. Tokmanni’s product range includes groceries, household products, electronics, clothing, and home and leisure items. The company prides itself on offering a wide selection of items at competitive prices.
Aside from its retail operations, Tokmanni also operates a wholesale business that supplies products to its own stores and other retailers in Finland. It also offers a loyalty program for its customers, allowing them to collect points and earn rewards for their purchases.
In recent years, Tokmanni has expanded its online offering, with the launch of an e-commerce platform in 2015. This allows customers to shop for products from the convenience of their own homes and have them delivered to their doorsteps.
Tokmanni’s mission is to make everyday life easier for its customers by offering affordable and high-quality products. It also places an emphasis on sustainability, striving to reduce its environmental footprint and promote responsible consumption.
The company is listed on the Nasdaq Helsinki stock exchange and employs over 3,600 people. Its annual revenue in 2020 was over 1.6 billion euros.
What is special about the Tokmanni Group Corp company?
There are several special aspects of the Tokmanni Group Corp company:
1. History: The company was founded in 1989 and has grown to become the largest general discount retailer in Finland with over 200 stores.
2. Core Values: Tokmanni’s core values are affordable prices, joyful shopping experiences, and responsibility towards people and the environment.
3. Product Range: Tokmanni offers a wide range of products, including household items, groceries, electronics, clothing, and gardening supplies, all at affordable prices.
4. Customer Base: The company serves a diverse customer base, including families, seniors, and low-income individuals, making it accessible to a wide range of people.
5. Low-Price Strategy: Tokmanni’s low-price strategy makes it a popular choice for bargain hunters and budget-conscious customers.
6. Online Store: The company has an online store, making it convenient for customers to shop from the comfort of their homes.
7. Corporate Social Responsibility: Tokmanni is committed to sustainability and has implemented various initiatives, such as reducing food waste and promoting recycling, to be environmentally responsible.
8. Strong Financial Performance: Despite facing competition from international retail giants, Tokmanni has maintained a strong financial performance, with consistent growth in revenue and profits.
9. Employee Development: The company prioritizes employee development and offers various training and growth opportunities for its employees.
10. Community Involvement: Tokmanni is actively involved in supporting the local communities it operates in through various charity and community projects.
Interesting facts about the Tokmanni Group Corp company
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SWOT analysis of the Tokmanni Group Corp company
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Porter's Five Forces analysis for the Tokmanni Group Corp company
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What is the Tokmanni Group Corp company's business model?
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What is the Tokmanni Group Corp company's unique selling proposition?
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