AlwaysMod, a Finnish home decor store in Golden Valley styled as "a museum for modern design in the Twin Cities," is closing.
For 17 years, AlwaysMod was a go-to spot for European home decor such as Iittala crystal, Marimekko fabric, Alessi Italian kitchenware and Chilewich tableware.
Owner Ben Horn is quitting bricks and mortar but will stay in business with FinnStyle.com, a website that uses the company's original name and already produces up to 90 percent of its $3 million in annual revenue.
FinnStyle relocated several times to N. Washington Avenue, Gaviidae Common and Glenwood Avenue in Minneapolis before moving to Golden Valley in 2015 to combine its retail, customer service and warehouse under one roof.
"In hindsight, maybe we set the stage for retail difficulty when we moved from Minneapolis to Golden Valley and changed our name at the same time," Horn said.
Many retailers are downsizing to internet-only enterprises to compete with Amazon and other online specialists. Horn sees the move as his best option for survival. The store now has nearly everything discounted by 40 to 60 percent, including Alessi, Blomus, Bodum, Riedel, Chilewich, Georg Jensen and Tom Dixon. Most items sell for less than $100 after the discounts. The closeouts are expected to last two weeks.
The firm's retail employees, all of them part-time, will be laid off. Eight full-time employees will remain, Horn said.
Most of the company's 40 home decor lines are Danish or Finnish with smaller amounts from Sweden and Norway. Horn said high prices charged by some of the European brands have more to do with soft sales than a lack of interest in Scandinavian style.