Urban Ladder Plans To Double Retail Stores By March 2024
Urban Ladder, a furniture and home décor company, said it intends to treble this shop count by March 2024 after opening its 50th location on Wednesday.
The business, which just established a store in Kolkata, has swiftly expanded its physical presence over the past nine months after initially only running 13 outlets through June 2022.
“… the company plans to expand its retail stores in 32 cities by 2023 and aims to double this number by March 2024,” Urban Ladder said in a statement.
The business, which began as an online brand, would later have a stronger position in the e-commerce market.”The world of e-commerce is rapidly expanding, and Urban Ladder also aims to strengthen its online presence through UL.com and Jiomart,” it said.
Nishant Gupta, the chief business officer of Urban Ladder, said the business has a comprehensive expansion strategy to serve customers in various metro and non-metro locations.
“Our customers have always supported and motivated us to create unique offerings and every component is carefully curated, which makes us distinct. Every detail is worked on meticulously, from the design to the selection of materials, fabrics, and packaging. In the coming years, we are committed to innovating and bringing more contemporary and traditional concepts and products to India,” he said.
Ashish Goel and Rajiv Srivatsa co-founded Urban Ladder Home Decor Solutions in July 2012. It delivers to more than 83 locations in India and has more than 40,000 goods across 300+ brands.
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