Discount retailers swim against the tide - HS in English |

Discount retailers swim against the tide

Tokmanni Espoontori will not open its doors for another half an hour, but a few dozen people have already lined up for the re-opening of the discount shop. Pensioners Sinikka Taponen and Jouko Pöyliö joined the line well ahead of time: they are after a gift bucket and have carefully studied the re-opening campaign flyer delivered to their home a few days earlier. “Shampoo is cheap, 2.5 euros for a big bottle. That's a 36 per cent reduction,” Taponen points out.

2.2.2015 19:11

The recent struggles of department store chains and consumer goods retailers have been well documented. Statistics Finland has reported that retail sales fell by 1.8 per cent year-on-year in November and by as much as 6.8 per cent between October and November.

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