Shares of home goods retailer Williams-Sonoma (NYSE: WSM) have fallen 44% over the past year as the market worries that inflation and a cooling economy (as well as a slowing housing market) will hurt demand for high-end home furnishings. The company reported strong comparable revenue growth of 8.1% but missed analyst expectations for earnings -- and management pulled 2024 guidance due to the uncertain macroeconomic picture. Williams-Sonoma finds that about 80% of home goods purchases are still made at brick-and-mortar locations, and about 50% of sales come from small regional operators.