Pottery Barn made the biggest recovery, rising 1.8%, up from its 1.2% loss in the first quarter. Williams-Sonoma rose 1.1%, bouncing back from a 0.6% drop. But Pottery Barn Kids fell 3.8%, the same slide it posted in the first quarter.

Though the 190 Pottery Barns and 252-unit Williams-Sonoma improved, the company still felt pressure in a tough consumer environment, executives say. "There is no question that there was macro pressure on all of our business during the second quarter," said Sharon McCollam, the retailer's chief financial and operating officer, during a conference call.

During the third quarter, Williams-Sonoma is opening six and closing five of its namesake stores, opening 10 and shutting three Pottery Barns, adding two units to its 92-store Pottery Barn Kids and opening three of its urban West Elm locations, of which there are currently 23. Additionally, the company is testing its first two Pottery Barn Kids Baby Clothing stores in the back half of the year.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.