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☆ Williams-Sonoma CEO explains pricing strategy after earnings beat
▼ + stars: | 2024-11-20 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

"When we price the goods the first time, we want you to say, 'wow, that's a great price, and how gorgeous is that product?'" Williams-Sonoma beat earnings and raised its outlook, sending shares to a new all-time high to finish up 27.54% by close. Alber critiqued the short-term promotion and discount pricing strategy sometimes used by other retailers, saying this approach isn't successful in the long term, as customers become "trained to wait for that promotion." She suggested customers trust the "pricing integrity" of Williams-Sonoma when it initially prices items. Williams-Sonoma is known as a high-end brand, but Alber claimed the company's prices are attainable.

Persons: Laura Alber, CNBC's Jim Cramer, Williams, Alber, they're Organizations: Williams, Sonoma Locations: Sonoma

☆ From clothes to computers, 6 things expected to get more expensive if Trump's trade plans are enacted
▼ + stars: | 2024-11-15 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +10 min

If implemented, Americans could see prices rise across several product categories. AdvertisementBased on analyses from economists and trade experts, here are the goods that could become more expensive for Americans under Trump's tariff proposals. AdvertisementSome retailers have already announced preparations to increase prices should Trump's tariff plans go into effect. AdvertisementGold said it's unlikely Trump's tariffs would go into effect on day one or day two, and "it's tough to say right now at what point consumers would feel the impact." AdvertisementA report from centrist think tank ThirdWay said that Trump's tariff proposals analyzed eight common purchases that the US either heavily imports or is unable to produce domestically.

Persons: Donald Trump, Trump, —, Mary Lovely, Lovely, There's, Joe Biden, Jonathan Gold, it's, Karoline Leavitt, Tim Boyle, Gold, Philip Daniele, Daniele, Shinji Aoyama, Henrik Elm, Elm, Taylor Rogers Organizations: Trade, Service, Peterson Institute for International Economics, Trump, Consumers, National Retail Federation, Retailers, Bank of America, Columbia, Washington Post, Electronics, Consumer Technology Association, CTA, Honda, General Motors, Ford, Inter Ikea —, Ikea, Reuters, NPR, International Trade Commission, Republican National Committee Locations: China, Mexico, Europe

☆ Car crashes into Billy Corgan’s popular suburban tea store Madame ZuZu’s, authorities say
▼ + stars: | 2024-10-31 | by ( Nbc Chicago | ) www.nbcnews.com time to read: +1 min

A car crashed into Madame ZuZu’s, a popular suburban tea shop owned by Smashing Pumpkins frontman Billy Corgan, on Wednesday, officials said, leaving his mother-in-law injured. The crash happened around 12 p.m. at 1876 First St. in Highland Park, authorities said in a public safety alert. “Community members are asked to please avoid the block of First St. between Central Ave. & Elm Pl.,” the alert stated. “Our family is grateful for the swift assistance of the Highland Park and Deerfield first responders,” her statement read. Madame ZuZu’s will be closed “until further notice.”

Persons: Madame ZuZu’s, Billy Corgan, Chloe Mendel Corgan, ” Corgan, Corgan’s, ” Organizations: Smashing Pumpkins, Central Ave, Highland, Deerfield Locations: Highland Park, St, Central

☆ Fifty years after ‘Texas Chainsaw Massacre,’ is the classic slasher film dead, or just waiting in the shadows?
▼ + stars: | 2024-10-31 | by ( Sydney Bishop | ) edition.cnn.com time to read: +13 min

When “The Texas Chainsaw Massacre” hit theaters in October 1974, audiences were horrified – and enthralled. Yet the elevated carnage of “The Texas Chainsaw Massacre” was a new world. Gunnar Hansen as Leatherface in "The Texas Chainsaw Massacre." Now that “Texas Chainsaw” is turning fifty, there are screenings in theaters all across the US, limited-time merchandise and cast and crew reunions. Here lies the classic slasher film … or so it seemsMichael Myers (played by Tony Moran) waits to strike in "Halloween."

Persons: Tobe Hooper, Kim Henkel, “, –, ” Henkel, ”, Marion Crane, baddie, Leatherface ”, – you’ll, Hooper, Henkel, ” “, Gunnar Hansen, Leatherface, Everett, Roger Ebert, Joshua Dysart, Dysart, ” Dysart, Kirk, Heather Langenkamp, Wes Craven, Craven, Lagenkamp, slashers, ’, Jourdain Searles, Searles, ” Searles, “ It’s, Casey, Drew Barrymore, Ghostface, Carmen Electra, Michael Myers, Tony Moran, Shutterstock Dysart, there’s, Alex Svensson, Svensson, Jamie Lee Curtis, Ryan Green, “ Svensson, Wes Craven’s, Casey Becker, Jason Vorhees Organizations: CNN, The, Texas, Cannes Film, “, Hollywood, ITV, Emerson College, ” Locations: Texas, The Texas, Austin, Los Angeles, Corpus Christi, Nancy

☆ I'm an interior designer — here are 10 things I'd definitely buy at West Elm right now
▼ + stars: | 2024-10-21 | by ( Mina Lisanin | ) www.businessinsider.com time to read: +1 min

I'm an interior designer, and I chose furniture and decor I'd pick up from West Elm right now. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . As a designer, I'm always on the lookout for chic, high-quality pieces, and the modern-furniture chain continues to impress me with its selection. Here are 10 pieces I'd absolutely pick up from West Elm right now.

Persons: Fiona, Cleo, —, I'm Organizations: Elm, Service

Seven people are believed dead after a gangway that's part of a marina collapsed on Sapelo Island, Georgia, on Saturday. "The gangway has been secured on Sapelo Island and the incident is currently under investigation." Brian Kemp said he, his wife and daughters are "heartbroken by today's tragedy on Sapelo Island." The Sepalo Island Cultural and Revitalization Society organized its annual Cultural Day celebration on the island on Saturday, calling it "our most celebrated event." Sapelo Island, on the Atlantic Coast, is about 72 miles south of Savannah.

Persons: Brian Kemp, it's Organizations: Georgia's Department of Natural Resources, U.S . Coast Guard, Georgia DNR, Georgia Gov, Sheriff, Elm, Elm Grove Baptist, University of, Revitalization Society Locations: Georgia, McIntosh, Elm Grove, Meridian, Sapelo, Savannah

☆ I'm an interior decorator. Here are 8 things I would never get at West Elm.
▼ + stars: | 2024-10-14 | by ( Kelly Kruger | ) www.businessinsider.com time to read: +1 min

As an interior decorator, there are a few items I'd never buy at West Elm. Instead of purchasing wall art from the retailer, I'd look for pieces from local painters. The store's faceted-brass drink table doesn't seem sturdy, so I'd look for better alternatives. AdvertisementAs an interior decorator, I know West Elm is a great place to shop for high-quality furniture and unique pieces. Though I like West Elm, the store carries a few items I wouldn't pick up for myself or my clients.

Persons: — Organizations: West, Service

☆ The terrifying true stories that inspired your favorite horror movies
▼ + stars: | 2024-10-12 | by ( Gabbi Shaw | ) www.businessinsider.com time to read: +1 min

Horror films have produced some of the most iconic figures in pop culture. But not all scary movies are completely fictional; some are actually based on real life. But creating a completely original, compelling, and terrifying horror story can be challenging. That's why some of the most iconic and successful scary movies are based on things that actually happened in the real world. These are the real stories and crimes that influenced some of the most classic horror films of all time, including "The Exorcist," "Nightmare on Elm Street," and "Jaws."

Persons: Perron, —, Lorraine, Ed Warren Organizations: Service Locations: Rhode Island

☆ Alums of $16 billion Tiger Cub Lone Pine have struggled to hack it on their own — with one notable exception
▼ + stars: | 2024-10-10 | by ( Bradley Saacks | ) www.businessinsider.com time to read: +7 min

In the past five years, four other alums have either shuttered or stopped trading hedge fund strategies. It's the latest spinoff from long-running Tiger Cub Lone Pine Capital to shutter. Lone Pine, the $16 billion firm led by co-chief investment officers Kelly Granat and David Craver, was founded in 1997 by billionaire Steve Mandel. Inside the Lone Pine family treeGaonkar's experience is far from the norm for Lone Pine alums though. Firms like Lone Pine, Tiger Global, Coatue, Viking Global, Maverick, Light Street, and others have lasted for decades and minted billionaires along the way.

Persons: Scott Coulter's, Mala Gaonkar, —, Coulter, Cowbird, Pine, Kelly Granat, David Craver, Steve Mandel, Mandel, Julian Robertson's, Lone, Coatue, redemptions, Gaonkar, David Byrne, SurgoCap, Abobe, David Stemerman's, Scott Phillips, Matt Iorio's, Li Ran's, Brian Eizenstat's, Paul Eisenstein's, Nikhil Trikha, Arthur Wit, that's, Andreas Halvorsen's, Dan Sundheim's, Ben Jacobs, Ning Jin, Marco Tablada, Robertson, Tom Purcell Organizations: Service, Business, Lone Pine, Julian Robertson's Tiger Management, Cubs, Roberston's Tiger Management, Tiger, CNBC, Nvidia, GE, Figma, Pine, Latimer, Elm, Sky Capital, CenterBook Partners, Ampersand Capital Group, Global, Fund Research, Tiger Cub, Tiger Management, Viking Global, Viking Locations: Lone, Lone Pine, Granat, Texas, Li Ran's London, California, Viking

☆ TikTok was the best place to tune into Hurricane Milton coverage
▼ + stars: | 2024-10-10 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +6 min

As Hurricane Milton hit, TikTok was filled with live streams from people in Florida. But even though there were plenty of live videos, it was hard to follow for breaking news. As night fell and power outages swept the coast, I watched live streams of palm trees swaying in the dark rain. And indeed, TikTok found controversy for Hurricane Milton. That was far different from on X, which previously used to be the best place to get live news.

Persons: Hurricane Milton, TikTok, —, Milton, Elon Musk, X, Dan Rather's, Anderson Cooper, BillWeirCNN, EZNnpz3K6e, Brian Stelter, Caleb, Hurricane Helene, didn't, Caroline Calloway, Ross, Donald Trump, Max Read, TikTok isn't Organizations: Hurricane, Service, Elon, CNN, BI, Twitter Locations: Florida, Hurricane, North Carolina

☆ I'm an interior designer. Here are 6 items from West Elm I'd put in my own home this fall.
▼ + stars: | 2024-09-24 | by ( Carmen Javier | ) www.businessinsider.com time to read: +1 min

As an interior designer, I love shopping at West Elm for myself and my clients. From dinnerware to cozy duvets, West Elm carries lots of great fall home essentials. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAs an interior designer, West Elm is consistently one of my go-to places to shop for furniture and home decor. I especially love visiting West Elm, owned by parent company Williams-Sonoma Inc., as the seasons start to change because the store offers plenty of versatile pieces to help me transition my decor from summer to fall.

Persons: Colin King, — Organizations: West, Service, Elm, Williams, Sonoma Inc, Business Locations: Elm

☆ 'Monsters: The Lyle and Erik Menendez Story' is about two brothers who murdered their parents. Here's what the Netflix show gets wrong.
▼ + stars: | 2024-09-23 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +5 min

Read preview"Monsters: The Lyle and Erik Menendez Story," the latest buzzy true crime drama series from Netflix, tells the story of two brothers who killed their parents in 1989. José Menendez likely didn't see who killed himJosé Menendez, and Javier Bardem in "Monsters: The Lyle and Erik Menendez Story." AdvertisementThere's no evidence the brothers had an incestuous relationshipCooper Koch as Erik Menendez and Nicholas Chavez as Lyle Menendez. The scene then shows Kitty Menendez walking in on Erik and Lyle Menendez kissing in the shower. Erik Menendez has said he isn't gayErik Menendez in Los Angeles in 1994.

Persons: —, Lyle, Erik Menendez, José Menendez, Mary Louise, Kitty, Menendez, Ryan Murphy, Jeffrey Dahmer, J, Simpson, Javier Bardem, Kitty Menendez, Erik, Cooper Koch, Nicholas Chavez, José, didn't, Eric Menendez, Ronald L, Lyle Menendez, Dominick Dunne, Nathan Lane, Dunne, Ted Soqui, Tammi Menendez Organizations: Service, Netflix, Business, Los Angeles Times, Getty, ABC News, ABC Locations: Los Angeles, Beverly Hills

I'm exploring how we could save money on these purchases by opening up a new credit card, so I asked certified financial planner Bobbi Rebell whether it's a better idea for us to open a store credit card or a rewards credit card. "Sometimes store credit cards come with 0% interest for a given period of time." The Pottery Barn credit card also works at all seven brands under the store's umbrella, including West Elm and Williams Sonoma. Rewards credit cards come with more flexibility and ongoing perksDespite the perks that store credit cards offer, Rebell says that other credit cards come with more flexibility, especially with how you can use your rewards. That's useful, especially if we need more than 12 months to pay off our credit card bills once a store credit card's 0% APR wears off.

Persons: —, we've, we're, Bobbi Rebell, Rebell, We've Organizations: Service, Business, Elm Locations: Williams Sonoma

6:59 a.m.: Citi raises AT & T price target A wave of improving outlook for telecommunications could benefit shares of AT & T , according to Citi. The firm upgraded the telecommunications company to neutral from sell and left its $350 per share price target unchanged. "Although our 2028 EPS is still c16% ahead of consensus, we now see less scope for earnings outperformance 2024/2025," the analyst added. The firm upgraded the home furnishings stock to buy from hold and increased its price target to $156 per share to $148. His price target of $105, down from $122, implies upside of just 8.7% from Tuesday's close.

Persons: Goldman Sachs, Morgan Stanley, Jefferies, Michael Rollins, Rollins, — Brian Evans, Graham Parry, Parry, Sonoma Jefferies, William, Jonathan Matuszewski, Matuszewski, Brian Evans, Goldman Sachs downgrades Morgan Stanley, Richard Ramsden, Ramsden, Fred Imbert Organizations: CNBC, Williams, Citi, AT, JV, Apple, Communications Citi, Communications, Charter Communications, Bank of America downgrades Novartis Bank of America, Novartis, William, Elm, Brands, WSM, Goldman Sachs downgrades Morgan Stanley Investors Locations: U.S, Sonoma, Swiss, William, Tuesday's

☆ I tried using Ikea's $99 interior-designer service. It was an incredible value with just one downside.
▼ + stars: | 2024-07-27 | by ( Jordi Lippe-Mcgraw | ) www.businessinsider.com time to read: +5 min

That's when we discovered Ikea's $99 interior-designer service. AdvertisementFirst, we booked an appointment and filled out a questionnaireWe used Ikea's interior-design service to get inspiration for our living room. Jordi Lippe-McGrawIt was easy to book Ikea's design service but it can be a bit tricky to find on the retailer's website. We purchased some Ikea pieces and used other suggestions as inspirationWe bought bed frames and nightstands from Ikea. Overall, Ikea's service offers incredible valueWe used our designer's plans to inspire our home's design.

Persons: —, Jordi Lippe, McGraw Organizations: Service, Business, Ikea Locations: McGraw, Airbnb

☆ I'm an interior designer — here are 10 things I'd absolutely get at West Elm right now
▼ + stars: | 2024-07-25 | by ( Bri Macdonald | ) www.businessinsider.com time to read: 1 min

Pillows are one of my favorite accessories, and West Elm has great options. I love the variety of pillows available at West Elm. Bri MacdonaldPillows can instantly transform a room's appearance, making it look more comfortable, inviting, and expensive. West Elm carries a wide selection of pillows in various textures and patterns. I love all types of materials, but right now, I love using velvet and embroidered pillows to add plush sophistication to any space.

Persons: Bri Macdonald Organizations: Elm

☆ A day in the life of Robert Rivani, a 34-year-old real-estate mogul with $750M in deals who left LA to invest in Miami
▼ + stars: | 2024-07-07 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +8 min

Read previewRobert Rivani got a taste for business flipping shoes as a teenager in his hometown of Los Angeles. At 18 years old, Rivani said he was approached to sell his shoe collection for over $150,000 and he took it. Rivani left California in 2022 to make his mark in Miami, where he's grown his real-estate portfolio. Even that 45-minute drive is valuable time, so his personal assistant or wife drives while Rivani texts and takes calls. Rivani has the luxury of having restaurants, including Delilah Miami, as tenants and can host multiple meetings in one location instead of bouncing around Miami.

Persons: —, Robert Rivani, Rivani, Lion, Williams, Harry Potter, Krystal, Anna Orsborn, I've, Delilah Miami, Michael Timzil Nio, — that's, we're, he's Organizations: Service, Jordan, Business, Beverly Hills, 1Ten, Vikings Locations: Los Angeles, California, Miami, South Florida, Miami Beach, Elm, Williams Sonoma, Beverly, East Coast

☆ Inside America's Fastest-Growing City, a Little-Known Gem in Texas
▼ + stars: | 2024-06-15 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +12 min

Just about 41 miles north of Dallas lies Celina, a small North Texas town that is America's fastest-growing city. Downtown Celina, Texas. Their metamorphosis into sprawling suburban metropolises has been greatly influenced by the ongoing expansion of the North Texas Tollway, which has increased accessibility to the previously remote cities. AdvertisementNew businesses are moving into the cityWith more people living in the city, Celina's economy is also growing as local businesses and services benefit from increased demand. However, Joe Monaco, director of marketing and communications for the city of Celina, told BI that there were "countless volunteers who came out."

Persons: There's, Katy, Ryan Tubbs, Celina, Celina Alcynna Lloyd, Taylor Morrison, Toll, Tubbs, Bankrate, Casas, Aaron Graham, Graham, They're, Tracy Miller, Celina —, Miller, Alcynna Lloyd, —, Sandy Lewis, It's, Celina ., Joe Monaco Organizations: Business, Downtown, Houston, homebuying, North Texas Tollway, Tollway, North Texas Tollway Authority, Celina, Highland Homes, Texans, Homes, Olympic, JC, Real, Group, Mustang, Highland, Little Elm, Troubadour, Celina's, Centurion American Development Group, Dallas, WFAA Locations: Dallas, Celina, North Texas, Collin County, Texas, California, Florida, Georgia , Illinois, Missouri, Africa, Asia, Central America, Europe, Downtown Celina , Texas, Celina Texas, United States, Austin, Celina , New Braunfels, Prosper, Frisco, Plano, Frisco ., Highland, Celina —, Wilson Creek, Cambridge, East Coasts, New York

☆ The Fastest-Growing City in the US Is a Tiny Spot No One's Ever Heard of
▼ + stars: | 2024-06-15 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +12 min

About 40 miles north of downtown Dallas lies America's fastest-growing city: Celina, Texas. Highland Homes, which specializes in luxury homes within master-planned communities, has built several neighborhoods in Celina since 2020. Downtown Celina, Texas. New businesses are moving into the cityWith more people living in the city, Celina's economy is also growing as local businesses and services benefit from increased demand. However, Joe Monaco, director of marketing and communications for the city of Celina, told BI that there were "countless volunteers who came out."

Persons: Katy, Ryan Tubbs, Celina, Prosper, Alcynna Lloyd, Taylor Morrison, Toll, Bankrate, Casas, Aaron Graham, Graham, wasn't, Redfin, They're, Tracy Miller, Celina — it's, Miller, Tubbs, Dallas —, Sandy Lewis, It's, Joe Monaco Organizations: America's, Business, Houston, North Texas Tollway, Tollway, North Texas Tollway Authority, Celina, Highland Homes, Texans, Olympic, JC, Real, Group, Highland, Dallas, Troubadour, Development Group, WFAA Locations: downtown Dallas, Celina , Texas, Celina, Collin County, Texas, California, Florida, Georgia , Illinois, Missouri, Africa, Asia, Central America, Europe, Celina Texas, United States, Austin, Dallas, Celina , New Braunfels, North Texas, Frisco, Plano, Frisco ., Prosper, Highland, Celina ., Mustang, Cambridge, Wilson, Celina's, East Coasts, New York, Little Elm , Texas

☆ Shoppers are hyper-focused on ‘value.’ That doesn’t mean buying the cheapest option
▼ + stars: | 2024-06-06 | by ( Parija Bhatnagar | Parija Kavilanz | ) edition.cnn.com time to read: +5 min

Bargain retailers like Walmart and Costco have benefitted, as shown by the retailing industry’s recent slew of first-quarter earnings releases. Sales at its stores open at least a year increased 3.8% in the quarter from the same time last year. Which means that Americans are still spending, but selectively, and that “value shopping” means different things to different people. “A sizable segment of them are focused on value, however, that doesn’t directly correlate to a low price. Shoppers are willing to spend if they see value in an on-trend, well-made dress from Abercrombie – or a healthy salad from Sweetgreen.”

Persons: They’ve, What’s, ”, Neil Saunders, ” Saunders, Fitch, Stephanie Keith, Lilly Pulitzer, Laura Alber, Anne Hathaway, Della Patria, Elisabetta Villa, Richard Dickson, Zak Stambor, eMarketer, ” Stambor, “, Abercrombie – Organizations: New, New York CNN, Walmart, Costco, GlobalData, CNN, Abercrombie, Bloomberg, Getty, Hollister, Sonoma, Navy, Banana, “, Shoppers Locations: New York, Sonoma, Elm, Williams, Rome, Italy, Europe, Banana Republic

☆ ‘Home Alone’ house hits the market for $5.25 million
▼ + stars: | 2024-05-28 | by ( Rosa Rahimi | ) edition.cnn.com time to read: +3 min

CNN —Kevin McCallister’s childhood home has hit the market for $5.25 million. The home for sale is located in Winnetka, Illinois and “epitomizes” the classic architecture of the Chicago suburbs, the Dawn McKenna Group said in its online listing. Dawn McKenna GroupThe iconic home has ample space for family living and entertaining. Dawn McKenna GroupIn 2021, fans of the movie were given the opportunity to rent the house for one night only – and for just $25. In February, Freddie Mercury’s former West London residence went on sale for £30 million ($38 million).

Persons: Kevin McCallister’s, “ It’s, ”, Dawn McKenna, Macaulay Culkin, Kevin McCallister, epitomizes, McAllister, Freddie Mercury’s Organizations: CNN, Dawn, Dawn McKenna Group, Century Fox, Kraft Macaroni Locations: Paris, Winnetka , Illinois, Chicago, West London, Los Angeles

Shop at Walmart What we like Check mark icon A check mark. Local dimming for excellent contrast controlCheck mark icon A check mark. Shop at Mattress FirmFor a full breakdown of mattress deals, check out our guide to the best Memorial Day mattress sales. Shop at Amazon What we like Check mark icon A check mark. Shop at Amazon Shop at Kohl's What we like Check mark icon A check mark.

Persons: we've, you'll, you've, fryer, Braun, Fryer, Ninja's, Ninja, Crisp, Pick, It’s, Max, Casper, Pillow, Topper, Allbirds Organizations: Business, Apple, Day, Samsung, Walmart, Samsung TV, Amazon Sony, Amazon Samsung, Amazon, DreamCloud Sealy, Amazon ., Shop, Ninja, Sony, JBL Bluetooth, Amazon Beats, Amazon Apple, JBL, Haven, Elm, Flyers Locations: Brooklyn, France, Chewy

☆ Thomas Midgley Jr.: The man who almost destroyed the planet (twice)
▼ + stars: | 2024-05-24 | by ( Jacopo Prisco | ) edition.cnn.com time to read: +12 min

CNN —Facing a crowd of journalists, inventor Thomas Midgley Jr. poured a lead additive over his hands and then proceeded to inhale its fumes for about a minute. Unfazed, he said, “I could do this every day without getting any health problems whatsoever.”Soon afterward, Midgley needed medical treatment. The task of addressing the issue of engine knocking fell to Midgley while he was working at General Motors in 1916. An estimated 1 million people a year still die from lead poisoning, according to the World Health Organization. The toxicity of lead was already well-known when Midgley added it to gas, but that didn’t stop Ethyl from becoming a commercial success.

Persons: Thomas Midgley Jr, “, ”, Midgley, —, Ford, Gerald Markowitz, Colin Creitz, Charles Kettering, ” Markowitz, ” Midgley, Bill Kovarik, Midgley —, Kettering —, Freon, Joe Sohm, CFCs, Perkin, Priestley, Kettering, Willard Gibbs, Carl E, ” Kovarik, Markowitz, I’m Organizations: CNN, General Motors, City University of New, GM, Standard Oil, DuPont, Network, UNICEF, World Health Organization, Radford University, America, Montreal Protocol, International Association for Suicide Prevention, Befrienders, Society of Chemical Industry, American Chemical Society, National Academy of Sciences, TNT, Linde Locations: Beaver Falls , Pennsylvania, United States, City University of New York, Algeria, American, Dayton , Ohio, Virginia, Montreal, Chicago

☆ Williams-Sonoma CEO explains how the company deals with a difficult housing market
▼ + stars: | 2024-05-22 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

In a Wednesday interview with CNBC's Jim Cramer, Williams-Sonoma CEO Laura Alber explained how her company handles a tough housing market. "The customer isn't shopping for as much furniture as they were because of the housing slump, but they are, you know, still updating their homes," Alber said. Williams-Sonoma owns several brands besides its own namesake homewares business, including West Elm and Pottery Barn. The company reported an earnings beat on Wednesday, but saw weakness in its Pottery Barn brand. Alber acknowledged that Pottery Barn was affected by high housing costs but said Williams-Sonoma is doing better than others in the industry.

Persons: CNBC's Jim Cramer, Laura Alber, Alber, we've, Williams, We're Organizations: Sonoma Locations: Williams, Sonoma, what's

☆ Jim Cramer says soft Target quarter makes Walmart earnings look even better
▼ + stars: | 2024-05-22 | by ( Matthew J. Belvedere | ) www.cnbc.com time to read: +1 min

Jim Cramer's daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio. Target : Shares were dropping 7% after the retailer on Wednesday reported a soft quarter and missed on earnings for the first time since November 2022. "It just wasn't as strong as the other guys," Jim Cramer said Wednesday. " Williams-Sonoma : The company behind Williams Sonoma, Pottery Barn, and West Elm delivered a huge quarter earnings beat on inline revenue. It's really a terrific situation," Cramer said.

Persons: Jim Cramer's, Jim Cramer, Sun Choe, Cramer, Anthro, Williams, Elm Organizations: CNBC, Club, Target, Walmart, Wall Street Journal, Toll, Urban, Urban Outfitters Locations: Sonoma, Williams Sonoma

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