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Williams-Sonoma Sticks to Slowed Growth

SAN FRANCISCO-The retailer hasn't gotten much in the way of rent relief yet from landlords.

By Debra Hazel | Updated on March 25, 2009

SAN FRANCISCO-Williams-Sonoma is keeping to its expansion plan, but wouldn’t mind a little more help from its landlords, executives said at the company’s fourth-quarter conference call.

The company will not open any new units this year beyond those that are already committed: three new Williams-Sonoma stores, while closing four; Pottery Barn will open five units and close seven; Pottery Barn Kids will open two units while closing three, while West Elm will open four stores and Williams-Sonoma Home one unit while closing none.

“To the extent possible, we will recue [the store count] further by working with landlords to close underperforming stores,” said Howard Lester, chairman and chief executive officer

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