Talbots Up, Williams-Sonoma Slips

Share this article:
Talbots Inc. reported yesterday that profits more than doubled despite signs of a weak economy, while home goods retailer Williams-Sonoma Inc. said profits for the fourth quarter fell 9 percent.


Williams-Sonoma's slip was a result of a tough holiday season, which prompted the retailer to apply deep markdowns to clear the way for its spring inventory.


The company reported a net income of $44.5 million for the quarter, which ended Jan. 28, down from $48.7 million a year earlier. Williams-Sonoma, San Francisco, operates Williams-Sonoma, Grand Cuisine, Pottery Barn and Hold Everything stores and catalogs.


Talbots, however, was enjoying its gain and moved merchandise with few markdowns, despite a dismal retail climate.


The Hingham, MA, company reported that net income for the fourth quarter, which ended Feb. 3, rose to $33 million from $15.3 million a year ago.


Share this article:
close

Next Article in Multichannel Marketing

Sign up to our newsletters

Follow us on Twitter @dmnews

Latest Jobs:

More in Multichannel Marketing

Metal Mulisha Races Towards Customization

Metal Mulisha Races Towards Customization

The motocross apparel company boosts mobile and Web conversions through product recommendations and personalized search.

Nielsen Allies With Pointlogic on Cross-Channel Planning

Nielsen Allies With Pointlogic on Cross-Channel Planning

Aim is to develop a "next generation" media planning tool.

If Only Engendering Loyalty Was as Easy as Clicking Your Heels

If Only Engendering Loyalty Was as Easy as ...

Rack Room Shoes combines data, research, and mobile email to deliver a high-heeled digital loyalty program.