At this point, the San Francisco-based retailer has achieved a virtually perfect balance of online and brick-and-mortar retailing. As of third quarter 2017, Williams-Sonoma derived 52.6 percent of its total revenues from online sales, according to a company financial release. “They have truly gone all the way,” Kniffen says. Goldberg adds that Williams-Sonoma understood very early on consumers’ behaviors related to omni-channel retailing.
And the company is going farther. In mid-November it acquired Outward, Inc., a 3-D imaging and augmented reality platform for $112 million. The technology allows users to visualize merchandise, like furniture, in their homes. This technology might allow shoppers to prescreen furniture purchases for now, Kniffen says, but he adds that it could soon apply to a range of items found in specialty stores, including apparel.