The company will open a total of 51 new units this year acrossnearly all its brands, while closing 24 stores. No newWilliams-Sonoma Home stores will be opened this year. The openingscome even as comp-store sales declined 9%. Net revenues decreased4.2% to $781.8 million. However, e-commerce sales have risen 8.7%,attributed to the natural growth of e-commerce and shoppersmigrating from phone sales, not from stores.

"We're continuing to monitor very closely what happens withcustomers who come from the web and migrate to retail stores, andretail customers who might migrate to the web," said Howard Lester,chairman and CEO. "We've seen very little shift to the extent thatit would affect our ability to pen retail stores. At this time, Idon't see any material change in our long-term strategy."

Williams-Sonoma operates 603 stores under the Williams-Sonoma,Pottery Barn, Pottery Barn Kids, PBteen, West Elm andWilliams-Sonoma Home banners.