Monday, April 6, 2020

Stockmann in trouble 100 years ago and now

100 years ago, Frans Stockmann (Nov 1920) and his wife (Apr 1919) died in Spanish Flu. Their house project in Kauniainen was left unfinished, and remains as ruins in the forest. Today, in April 2020, lack of sales due to the Coronavirus, the famous Stockmann department store has applied for protection from its creditors ("yrityssaneeraus" in Finnish, roughly equivalent to Chapter 11 in US).

Sad. I'm troubled by both the human and economic toll of the Coronavirus crisis. Economic toll will have a human toll as well...

Read more urban exploration stories from the website. Text and photos (c) 2017-2020 by Jari Arkko. All rights reserved.

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