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Saturday, November 23, 2024

Wooden Street hits 100-store milestone with new Udaipur outlet

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Jaipur-based home decor and furnishing brand Wooden Street has marked a significant milestone by opening its 100th store in Udaipur.

“We͏͏ couldn’t͏͏ have͏͏ achieved͏͏ this͏͏ milestone͏͏ without͏͏ the͏͏ trust͏͏ and͏͏ support͏͏ of͏͏ our͏͏ customers,͏͏ partners,͏͏ and͏͏ team͏͏ members.͏͏ We͏͏ look͏͏ forward͏͏ to͏͏ the͏͏ future͏͏ and͏͏ what͏͏ lies͏͏ ahead͏͏ for͏͏ Wooden͏͏ Street,”͏͏ stated͏͏ Lokendra͏͏ Ranawat,͏͏ CEO͏͏ of͏͏ Wooden͏͏ Street.

In͏͏ July,͏͏ the͏͏ retailer͏͏ launched͏͏ its͏͏ 99th͏͏ store͏͏ in͏͏ Marathahalli,͏͏ Bengaluru,͏͏ bringing͏͏ the͏͏ total͏͏ number͏͏ of͏͏ Wooden͏͏ Street͏͏ outlets͏͏ in͏͏ the͏͏ city͏͏ to͏͏ 19.

Established͏͏ in͏͏ 2015,͏͏ Wooden͏͏ Street͏͏ has͏͏ catered͏͏ to͏͏ over͏͏ one͏͏ million͏͏ customers͏͏ and͏͏ features͏͏ a͏͏ collection͏͏ of͏͏ more͏͏ than͏͏ 30,000͏͏ furniture,͏͏ décor,͏͏ and͏͏ furnishing͏͏ products.

Strong͏͏ Presence͏͏ in͏͏ Key͏͏ Cities:

The͏͏ brand͏͏ operates͏͏ both͏͏ online͏͏ and͏͏ through͏͏ a͏͏ network͏͏ of͏͏ physical͏͏ stores͏͏ in͏͏ cities͏͏ including͏͏ Bengaluru͏͏ (19),͏͏ Mumbai͏͏ (11),͏͏ Hyderabad͏͏ (10),͏͏ Chennai͏͏ (7),͏͏ Pune͏͏ (7),͏͏ Delhi͏͏ NCR͏͏ (12),͏͏ Jaipur͏͏ (4),͏͏ and͏͏ Ahmedabad͏͏ (3).͏͏ Additionally,͏͏ it͏͏ manages͏͏ more͏͏ than͏͏ 30͏͏ warehouses͏͏ and͏͏ over͏͏ 350͏͏ delivery͏͏ hubs͏͏ across͏͏ the͏͏ country.

Continue͏͏ Exploring:͏͏ Wooden Street expands͏͏ retail͏͏ footprint͏͏ with͏͏ latest͏͏ store͏͏ in͏͏ Bengaluru

Plans͏͏ for͏͏ 300͏͏ New͏͏ Stores:

In͏͏ September͏͏ 2023,͏͏ the͏͏ furniture͏͏ retailer͏͏ announced͏͏ plans͏͏ to͏͏ open͏͏ 300͏͏ stores͏͏ across͏͏ India͏͏ in͏͏ the͏͏ next͏͏ 36͏͏ months,͏͏ with͏͏ a͏͏ revenue͏͏ target͏͏ of͏͏ INR͏͏ 50͏͏ million.

Although͏͏ most͏͏ of͏͏ its͏͏ stores͏͏ are͏͏ situated͏͏ in͏͏ metropolitan͏͏ areas,͏͏ the͏͏ company͏͏ is͏͏ also͏͏ expanding͏͏ into͏͏ tier-1͏͏ and͏͏ tier-2͏͏ cities͏͏ to͏͏ address͏͏ the͏͏ increasing͏͏ demand͏͏ for͏͏ premium͏͏ furniture͏͏ and͏͏ home͏͏ decor.

Earlier͏͏ this͏͏ year,͏͏ Wooden͏͏ Street͏͏ introduced͏͏ Light͏͏ Street,͏͏ a͏͏ unique͏͏ in-house͏͏ brand͏͏ focused͏͏ on͏͏ lighting͏͏ decor.͏͏ The͏͏ company͏͏ plans͏͏ to͏͏ launch͏͏ approximately͏͏ 50͏͏ similar͏͏ stores͏͏ in͏͏ the͏͏ next͏͏ 18͏͏ to͏͏ 24͏͏ months͏͏ in͏͏ metropolitan͏͏ areas͏͏ such͏͏ as͏͏ Bengaluru,͏͏ Delhi,͏͏ Gurugram,͏͏ Mumbai,͏͏ Pune,͏͏ Kolkata,͏͏ Hyderabad,͏͏ and͏͏ Jaipur.

Continue͏͏ Exploring:͏͏ Furniture͏͏ brand͏͏ Wooden Street expands͏͏ presence͏͏ with͏͏ new͏͏ store͏͏ at͏͏ Chennai’s͏͏ Marina͏͏ Mall

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