WoodenStreet To Invest $2 Million On Expansion
WoodenStreet is aiming to expand its outreach by opening 20+ new stores, which will raise the count to 50+ stores, in next 12 months, respectively. For an expansion drive, the company will target into the areas of both, franchisees and company operated brick & mortars in the upcoming months.
“The very reason behind the expansion of our multiple stores throughout the country is to create a better connection with customers. We want people to not only just visualize, but also feel the quality of furniture that we offer. Henceforth, our aim is to offer our customers a life-changing experience by rendering the exquisite collection of hand-picked products," Says the CEO of WoodenStreet, Lokendra Ranawat speaking about the expansion process.
“2021 is just the beginning of a new wave of our expansion drive. In the next 36 months, we want to raise the count to 100+ stores, in terms of both franchisees and experience stores and we are all set for it. From the 20 new stores that we are planning to launch this year, we have already finalised for 7 of these in Thane Mumbai, Lucknow, Chandigarh, Chennai, Bangalore, Noida, Gurgaon, among others and it will get live in next 15-20 days, respectively," elaborates Ranawat.
