Williams-Sonoma is feeling the pinch of the slowing US economy. Their income has dropped, and in turn they've lowered their outlook on future prospects, according to a report from Bloomberg.
Hopefully the downturn is not so extreme as to force them to close some storefronts as many retailers have been doing. I'm sure the mall owners of the world are looking at this latest economic news with concern.
On the bright side, as I've experienced myself, Williams-Sonoma gains a significant amount of revenue from wedding registries, and this is not lsomething likely to be disrupted much by an economic downturn.
Hopefully the downturn is not so extreme as to force them to close some storefronts as many retailers have been doing. I'm sure the mall owners of the world are looking at this latest economic news with concern.
On the bright side, as I've experienced myself, Williams-Sonoma gains a significant amount of revenue from wedding registries, and this is not lsomething likely to be disrupted much by an economic downturn.
