STATE STREET CORP Bolsters Retail Holdings with Williams-Sonoma Acquisition

State Street Corp acquired 148,175 shares of Williams-Sonoma Inc at $195.45 per share, increasing its total holdings to 6,139,872 shares, or 5% of its portfolio. This strategic move reflects the firm's interest in the retail sector, particularly in companies with strong direct-to-consumer and B2B capabilities. Williams-Sonoma Inc operates various brands, including Pottery Barn and West Elm, and has a significant B2B segment with a market capitalization of $22.2 billion. The firm's diverse brand portfolio and strategic market positioning make it a compelling investment.