Wakefit, a leading brand in furnishing and sleep solutions, has officially opened its 100th offline store, located in Kirtinagar, Delhi. This milestone follows a year of rapid expansion, with over 65 new stores launched across 40 cities in India, contributing to a retail footprint of more than 3.4 lakh square feet.
Dibyendu Panda, VP of Retail at Wakefit, shared the exciting news on LinkedIn, highlighting the company’s success in reaching 100 offline stores. The brand’s offline retail channel now contributes over 35% to its total revenue, which has seen a remarkable growth of more than 100% year-over-year.
Wakefit’s commitment to quality has also resonated with over 3 lakh customers, and the company has recently crossed a significant financial milestone, surpassing Rs 1,000 crore in revenue for FY 2024. With a YoY revenue increase of 24%, Wakefit continues to strengthen its position in the market.
Looking ahead to 2025, Wakefit aims to sustain double-digit growth, expand its product offerings, and further develop its omnichannel strategy.