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Williams-Sonoma Inc.

  • California court bars retailers from asking customers for ZIP codes

    New York City -- The California Supreme Court says merchants in the state can no longer ask credit-card customers for their ZIP codes, the Associated Press reported.

  • Williams-Sonoma authorizes $125 million stock buyback

    San Francisco -- Williams-Sonoma said Tuesday that its board has approved a $125 million stock repurchase program.

    The retailer said the new program will likely be completed by January 2012. It does not have an expiration date. The company said it had completed a $65 million stock repurchase program approved in September 2010.

    Williams-Sonoma, which runs Pottery Barn, West Elm, its namesake stores and other brands, had about 105.1 million outstanding shares as of Nov. 28, 2010.

  • Diane's Beachwear to debut in Arizona

    Irvine, Calif. -- KTGY Group, Architecture and Planning, said that Diane's Beachwear will be opening its newest store in Scottsdale, Ariz., at the Scottsdale Quarter in early March.

    The new 1,200-sq.-ft. flagship store represents the 19-store chain's debut outside of California. KTGY is the architect for the new Diane's Beachwear store.   Skyline Development and Construction of Norco, Calif., is the general contractor.

  • Strong holiday prompts Williams-Sonoma to boost forecasts

    San Francisco -- Williams-Sonoma's strong holiday sales performance prompted the home-products retailer to lift its fourth-quarter and full-year earnings and revenue forecasts on Thursday.

    Revenue climbed 10.5% to $865 million for the eight-week holiday period ending Dec. 26, 2010. Same-store sales rose 5%.

  • The Container Store and Urban Outfitters to be Honored at NRF 2011 Annual Convention

    Executives from The Container Store and Urban Outfitters are among the retailers who will be honored at the National Retail Federation’s Annual Convention and EXPO, or BIG Show, which will be held at the Jacob Javits Center in New York City, Jan. 9-12, 2011.

    The recipients will accept their awards during the show’s Annual Retail Industry Luncheon on Tuesday, Jan. 11.

  • Williams-Sonoma chairman emeritus, former CEO, Howard Lester dies

    San Francisco -- W. Howard Lester, chairman emeritus and former CEO of Willliams-Sonoma, died Nov. 15 from cancer at his home in Indian Wells, Calif. He was 75.

    Lester purchased the company with a partner in 1978, when it generated $4 million in annual sales and had four stores. During his time as CEO, from 1978 to 2001, and later as chairman, Lester took Williams-Sonoma public and expanded it to 600 stores and more than $3.4 billion in sales, the company said yesterday in a statement.

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