Williams-Sonoma, Inc. (NYSE: WSM), a leading specialty retailer of high-quality products for the home, announced today that it has been named to the Fortune 500 list for the first time in the company’s history.
Since its inception in 1956, Williams-Sonoma, Inc. has built an unmatched platform of eight beloved brands, supported by a multichannel business model and vertically integrated supply chain. With more than 54% of its business online, Williams-Sonoma continues to thrive as the number one multichannel retailer in its industry and one of the top 25 e-commerce retailers in North America, according to the 2018 Internet Retailer Top 500.
“We have a strong culture of innovation and a deep understanding of the customer, which empowers us to bring great ideas to life,” said Laura Alber, President and CEO of Williams-Sonoma, Inc. “This has been key to our growth over the past six decades, enabling us to successfully navigate changing industry dynamics to stay ahead of our customers’ needs.”
The company’s strong commitment to sustainability—an increasingly important factor for customers—has also fueled growth. For the second consecutive year, Williams-Sonoma has been recognized as the only home furnishings retailer in the Barron’s annual 100 most sustainable companies in the U.S.
“Being named to the Fortune 500 is a significant milestone for all of us at Williams-Sonoma, Inc.,” said Alber. “It speaks to the passion and commitment of our talented associates, and our unwavering focus on the customer in everything we do. Superior customer service is oxygen for growth and this is just the beginning as we drive toward the exciting future that lies ahead.”
In its 65th year, the Fortune 500 ranks U.S. companies by total revenues for their respective fiscal year. For the complete Fortune 500 list, visit http://fortune.com/fortune500.
To learn more about Williams-Sonoma, Inc., please visit http://www.williams-sonomainc.com/
ABOUT WILLIAMS-SONOMA, INC.
Williams-Sonoma, Inc. is a specialty retailer of high-quality products for the home. These products, representing distinct merchandise strategies — Williams Sonoma, Pottery Barn, Pottery Barn Kids, West Elm, Pottery Barn Teen, Williams Sonoma Home, Rejuvenation, and Mark and Graham — are marketed through e-commerce websites, direct-mail catalogs and retail stores. These brands are also part of The Key Rewards, our free-to-join loyalty program that offers members exclusive benefits across the Williams-Sonoma family of brands. We operate in the U.S., Puerto Rico, Canada, Australia and the United Kingdom, offer international shipping to customers worldwide, and have unaffiliated franchisees that operate stores in the Middle East, the Philippines, Mexico and South Korea, as well as e-commerce websites in certain locations. In 2017, we acquired Outward, Inc., a 3-D imaging and augmented reality platform for the home furnishings and décor industry.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190516005794/en/
Contacts:
Elise Wang – VP, Investor Relations and
Corporate PR
ewang@wsgc.com
