Aims to open 50 stores in metro cities by next year
Mumbai, March 26, 2024:
The premier home furnishings, décor, and furnishing business in India, WoodenStreet, has opened a new location in Mumbai for its lighting division, Light Street, as part of its ongoing expansion. With this action, they are pushing a further aspect of their quick expansion plan, which calls for the creation of 50 more stores in major cities such as Bangalore, Delhi, Gurgaon, Mumbai, etc.
Following its first successful debut in Jaipur, Light Street opened its second retail location in Mumbai, offering lighting solutions to meet the various needs of its clientele. To precisely meet the needs and desires of the customers, the business stocks a wide range of lighting fixtures.
The newly opened space, which spans a 2500–3000 square foot area, is situated in Andheri East, a prime region of the city. The company will provide clients more room to examine the high-end lighting options under one roof with this new launch.
The company’s goal of leading the lighting sector serves as the driving force behind its growth. aiming to generate between Rs 100 and Rs 150 crore in income from the new internal launch.
About Wooden Street
Founded in 2015, Wooden Street is a leading brand that offers a wide range of premium-quality & designer furniture, home décor & furnishing items. The brand operates both online and through a network of brick-and-mortars, providing customers with the ease of shopping online or experiencing the furniture first-hand in showrooms.
The company has grown immensely, now serving over 1M customers, running 95+ experience stores and 350+ delivery hubs around the country. It offers a vast selection of over 30,000 furniture, décor & furnishing items. Since its inception, Wooden Street has maintained a consistent annual growth rate of 60–65%, establishing itself as a reputable name in the furniture world.
