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Home Companies

Furniture start-up WoodenStreet Announced 3 New Stores in Bangalore, Invests $1M!

by Economy India
February 23, 2022
Reading Time: 3 mins read
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Covering over 15000 sq. ft. in carpet area, WoodenStreet dot com recently inaugurated 3 one-of-a-kind experience stores at prime locations such as Indira Nagar, Sadashiv Nagar & Whitefield in Bangalore. With an investment of $1M, they have added these 3 stores to its pre-existing 50 stores, strengthening its already strong presence across the country. The brand is also planning to open 5-6 more stores in the forthcoming 12-18 months.

WoodenStreet’s expansion drive has been one of the most consistent things for them other than the quality of products they have offered over the past 7 years. The new year has been amazing for the brand with them tapping the market for a luxurious and flamboyant range of products. Recently they had announced their plans for the year 2022 and their offline expansion drive, and moving on track with that, the brand has introduced 3 stores in Bangalore, which cover 15000sq.ft. of carpet area with an investment of $1M, making a total of 6 fully functional stores across the city.

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Furniture start-up WoodenStreet Announced 3 New Stores in Bangalore, Invests $1M!

“Bangalore has always been one of the topmost admirers of the products that we have introduced in the market. They have welcomed our online range of products with open arms, and the stats from our existing offline stores in the city speak that people not only love our products, but they also like the shopping experience that our stores have to offer. To enhance the way people experience the furniture and décor, we are really happy to come up with 3 more stores in the city at Indira Nagar, Sadashiv Nagar, and Whitefield. All these stores are well equipped and spacious enough to create a home-like environment so that people can understand the use cases of the product as well as understand how the product will suit their ambiance.”

Said Lokendra Ranawat, Co-Founder, CEO, WoodenStreet. He also shared how these 3 stores are their advanced take on creating the experience for their customers, which is why WoodenStreet has gone for spacious and comforting stores. These stores are some of the biggest furniture experience stores, and hence they have gone for broader carpet areas for these. All the stores cover central locations across the city. Not to forget, the opening of these stores has also benefited the citizens as the expansion has generated 50+ job opportunities.

Furniture start-up WoodenStreet Announced 3 New Stores in Bangalore, Invests $1M!

To date, as per the response of the citizens, these 3 stores have changed the way people buy their home décor and modular furniture forever.. Woodenstreet.com has had a great run so far and has had more than 10 lac+ happy customers. So far, the offline expansion has been aggressively effective in the market, and it will be really interesting to see what these 3 stores will do for the reach of the brand in the future.

(Economy India)

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Tags: BangaloreEconomy IndiaFurnitureWoodenStreet
Economy India

Economy India

Economy India is one of the largest media on the Indian economy. It provides updates on economy, business and corporates and allied affairs of the Indian economy. It features news, views, interviews, articles on various subject matters related to the economy and business world.

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