Williams-Sonoma's success signals upswing in home spending

03/22/2010 | Investor's Business Daily

Williams-Sonoma, which cut costs during the downturn by closing underperforming stores and trimming inventories, reported higher-than-expected fourth-quarter profits. The chain joins competitors Pier 1 and Bed Bath & Beyond in issuing improved results, signaling that consumers are starting to spend on their homes again.

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