A new crop of B2B e-marketplaces lure manufacturers, wholesalers and distributors with promises of new markets and growth—but they can also represent tough new ...
With strong sales in its Pottery Barn, Pottery Barn Kids and PBTeen brands, Williams-Sonoma Inc. reported a 66.1% increase in web sales for fiscal year 2003 to $332.9 million.
With strong sales in its Pottery Barn, Pottery Barn Kids and PBTeen brands, Williams-Sonoma Inc. today reported a 66.1% increase in web sales for fiscal year 2003 which ended Feb. 1. Williams-Sonoma’s web sales reached of $332.9 million vs. $200.4 million in the prior year. Full-year total sales rose 14% year-over-year to $1.6 billion from $1.4 billion. Full-year comp store sales rose 4%.
Web sales accounted for 21% of all sales vs. 14.3% a year ago.
Q4 web sales experienced even stronger growth at 74% over Q4 ’02 to $120.9 million from $69.5 million. Total sales grew 12.2%. Q4 comp store sales rose 4.1%.
Q4 web sales accounted for 19.3% of total net sales of $625.1 million, up from 12.4% of total sales of $557.1 million in the year-earlier period.