Location of affected unit(s)
Retail Trade, Except Of Motor Vehicles And Motorcycles
Retail Sale Of Other Goods In Specialised Stores
47.78 - Other retail sale of new goods in specialised stores

500 jobs
Number of planned job losses
Job loss
Announcement Date
16 July 2013
Employment effect (start)
10 February 2014
Foreseen end date
28 February 2014


Finnish specialty goods store chain Tiimari has announced redundancies of 70 employees during 2014-2015. The company is closing 24 of its 174 stores nationwide.

Tiimari produces and sells materials for crafts and gifts as well as stationery items, among other things. It has operated 174 stores with approximately 500 employees in Finland, but it has also stores in Estonia, Latvia and Lithuania. The company seeks to improve its result by 2 million euros annually. The redundancies of 70 employees will start in early 2014 and end by the end of June 2015.

Updated, 30-09-2013: As announced, Tiimari has been declared bankrupt. 

Updated, 10-12-2013: As reported, Tiimari will close all its stores by the end of February 2014.


  • 18 September 2013: MTV3 News
  • 16 July 2013: Taloussanomat
  • 16 July 2013: Tiimari press release
  • 30 September 2013: YLE News


Eurofound (2013), Tiimari, Bankruptcy in Finland, factsheet number 75729, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/75729.