Daily News
From Home Furnishing Business
Williams-Sonoma Makes Fortune 500 List
May 17,
2019 by Laurie Northington in Business Strategy, Industry
Since its inception in 1956, Williams-Sonoma, Inc. has built a platform of eight 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 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.”