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Mon, 11 Jan, 2016 12:01:24 AM
FTimes Report by Yiyun Song, Jan 11
 
FTimes Photo.
The Finnish food chain Punnitse ja Säästä(Weigh & Save Finland), which was about to go bankrupt, has been saved. 
 
Suuso Siro, who founded the Rovaniemi chain, saved the enterprise on November 25, 2015.
 
“Some of us have kind of quit. We faced some problems… the huge rent, for example, surpassed what we earned from sales. We had to close down some shops,” Kaisa Haverinen, the owner of the chain, said.
 
Product supply was another big problem, Haverinen told Finland Times. “We couldn’t get everything in time during Christmas. It was tough. But the problem has now been solved.’
 
Weight and Food sells varieties of ingredients and goods such as nuts, dried fruit, spices, coffee, tea, etc, coming from all over the world.
 
It was first set up in 1995 and could have 25 chain stores in Finland in 2012. But it soon faced the possibility of going bankrupt. The whole business was sold to the partner.
 
In November 2015, Juuso Siro signed an agreement with some shop keepers to ensure a steady product supply and overtook the business again.
 
The chain now has 45 chain stores in 30 towns and cities in Finland, employing more than 200 people.
 
The chain now tries to bring in more cooperation and adopt some fresh strategies such as building smaller-sized shops and offering low prices. 
 
Customers said that the food it offered were exotic but a bit too expensive.
 
Haverinen also said, “It was quite new when we come here. There had not been such a shop in Finland.”
 
“There are customers who come to us every day and ask ‘Do you have this or that?’ 
 
More people are now coming to taste new stuff. They send queries and search things online and then come to us to know if they can get the things here,” Haverinen said.
 
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