Wednesday, September 18, 2013

Reuters: Bankruptcy News: Finnish retailer Tiimari to file for bankruptcy

Reuters: Bankruptcy News
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Finnish retailer Tiimari to file for bankruptcy
Sep 18th 2013, 10:17

HELSINKI, Sept 18 | Wed Sep 18, 2013 6:17am EDT

HELSINKI, Sept 18 (Reuters) - Finnish retailer Tiimari said it decided to file for bankruptcy, citing poor sales.

Tiimari, a chain selling school supplies and goods, such as balloons and stickers, said in a statement on Wednesday that it tried but failed to secure financing. (Reporting by Helsinki Newsroom; Editing by Louise Heavens)

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