Tag: WoodenStreet

Business

WoodenStreet Launches a New Store in Hyderabad, Plans a Massive Expansion

Jan 19, 2024 by Sujata Muguda 0 Comments #Lokendra Ranawat, #WoodenStreet

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WoodenStreet, a trailblazer in the furniture industry renowned for its innovative and designer furniture designs, is thrilled to announce the launch of its 7th(seventh) store in the vibrant city of Hyderabad, spanning across an area of 5000 sq ft. This marks a significant milestone in the brand’s ambitious expansion plan across India & leads the count to 96th store in India.

Hyderabad Store: A New Milestone in WoodenStreet’s Growth Saga

The recent launch in the city of pearls is opened at Kokapet, which is a highly commercial and residential location in the western part of Hyderabad. Located in a prime area of the city, the outlet is designed to offer an immersive experience, showcasing a vast collection that ranges from classic to contemporary, and where each piece is a blend of craftsmanship, functionality, and style.

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With this new launch, the brand is targeting a revenue of INR 50 million.

As part of the expansion project, the company has already hired a number of professionals to spearhead its operations in Hyderabad and plans to create over 50 more job opportunities shortly. This move highlights the brand’s focus on job creation and economic growth in the region.

The launch of the Hyderabad store is a key step in the company’s strategic nationwide expansion. Following its recent launch in Mumbai, the brand is poised to conquer new markets, with plans to unveil additional 50 stores across major Indian cities.

This aggressive expansion underscores the brand in the growing demand for quality furniture and its commitment to being an accessible luxury for consumers everywhere.

Words from the CEO

Lokendra Ranawat, CEO, WoodenStreet, said, “As we open the doors of our seventh store in the vibrant city of Hyderabad, we are not just expanding our physical presence but it’s a reflection of our commitment to bringing innovative, designer and high-quality furniture closer to our customers.

Hyderabad, with its rich heritage and forward-looking ethos, resonates deeply with our brand’s philosophy. We are thrilled to invite the people of Hyderabad to experience the art of fine furniture-making and join us in this exciting new chapter of our growth story.”

Business

WoodenStreet Launches Light Street: An Exclusive In-House Brand for Premium Lighting & Decor

Dec 22, 2023 by Sujata Muguda 0 Comments #Light Street, #Premium Lighting & Decor, #WoodenStreet

WoodenStreet, a trailblazer in the furniture industry, is thrilled to announce the launch of Light Street, an exclusive in-house brand dedicated to lighting and home decor.

The new launch will feature dedicated space for lighting & décor ranging from 2000 to 3000 square feet, showcasing an array of lighting solutions designed to cater to every corner of a home.

The Light Street range includes a diverse selection of lighting fixtures, from designer floor & table lamps to elegant chandeliers & modern pendant lights, each crafted to elevate home interiors.

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Lokendra Ranawat, CEO, WoodenStreet, comments on the launch: “Light Street isn’t just about lighting; it’s about bringing a new dimension of style and functionality to our customers’ homes. It represents our holistic approach to home decor, where customers can find everything from furniture to furnishings and now, exquisite lighting solutions, all under one roof.”

“We have paid meticulous attention to detail, and incorporated contemporary design trends, ensuring that each product not only lights up a room but also elevates its overall ambiance.” he added further.

Light Street aims to contribute significantly to WoodenStreet growth, targeting a launch of an additional 50 stores dedicated to lighting & decor within the next 12-24 months & a revenue of 100-150 crores.

This launch is a significant milestone in the brand’s journey, marking its continued innovation and responsiveness to the evolving needs of its customers.

Since its inception in 2015, WoodenStreet has emerged as a dominant player in the Indian furniture and home decor market, with a robust presence of over 90+ experience stores and 350+ delivery hubs nationwide, offering an extensive range of over 30,000 products.

Light Street products will be available exclusively on WoodenStreet website and its showrooms across the country. The brand is set to redefine home decor standards, offering a perfect blend of style, quality, and innovation.