Williams-Sonoma Holiday Sales Up 4.8 Percent

       

       

SAN FRANCISCO-Net revenues for Williams-Sonoma’s holiday shopping season (Oct. 29-Dec. 30) rose 4.8 percent to $1.014 billion, according to a statement from the specialty retailer.

The increase included a gain of 4.4 percent in same-store sales. Laura Alber, president and CEO, said Williams-Sonoma’s holiday sales were within the range of its expectations. “Our holiday performance reflects the strength of our brands in a period of consumer uncertainty and intense promotional activity across the retail industry,” Alber said.

Regarding fiscal 2013, she added that Williams-Sonoma will focus on growing its existing brands, developing new businesses and expanding globally—the latter of which will include the opening of its first stores in Australia.

Posted in News, Retail.

Last updated: January 17, 2013