WoodenStreet Opens 70 Stores Across India; Eyes to Open 300 in Two Years
Indian furniture brand, WoodenStreet, has announced to launch three stores in Bangalore. The newly open stores cover a combined carpet area of 15000-18000 square feet after the launch Woodenstreet now has 70 stores across the country. The company also revealed its plans to open 300 stores in the next 2 years.
Woodenstreet has claimed that these stores come under the well known IT hub of Bangalore, Electronic City and will recieve good footfall of customers. The stores are aimed to focus on the high suburbs of the city this time, such as Basaveshwarnagar and HRBR Layout.
Lokendra Singh Ranawat, CEO of WoodenStreet, said, “We are delighted to launch three new stores in Bangalore at Basaveshwarnagar, HRBR Layout & Electronic City. We believe in the fact that nothing can beat the excitement of the ‘Touch and Feel’ experience, and hence we created these one-of-a-kind experience stores.”
Ranawat also added that all the three areas were strategically chosen, and the reason behind choosing these spots was to remain closer to customer and ensure complete convenience to the people living in different areas of this big city. Every individual of the city, irrespective of the corner where they live, should get easy access to our products and services.
These are smartly built tech-enabled stores where people can experience furniture in-person from the wide range of catalogues present online and can expect great exposure to designer and quality products.
These stores showcase a highly curated range of solid wood, fabric and modular furniture, followed by ambient lighting, handpicked decors, and eye-catching wallpapers that establish a sense of connection among customers. They’re developed on the basis of a concept that is aligned with the design aesthetics of consumer preferences.
WoodenStreet experience stores have transformed the retail furniture landscape in India. These new stores have strengthened their existing pool to a well-grounded number of 70 brick and mortars across the country. In the past 7 years, Woodenstreet has emerged as one of the most sustainable and successful brands in the furniture & home decor segment across India. In April this year, the company also raised USD 30M in Series B funding, led by WestBridge Capital. Going forward, the company plans to open a total of 300 stores in the forthcoming 24 months and onboard around 5,000 home décor brands under its platform.