News

Confronted with supply chain pressures

Originally published in Furniture Today

By Bo Stump

“Never let a good crisis go to waste” is a famous quote often attributed to Rahm Emmanuel, but in reality it was first said by Winston Churchill (and we assume by many other less-famous individuals in the past).

In the COVID-19 era, we have heard this phrase repeated by many of our clients and friends. The residential furniture sector is growing dramatically as more people are ...

Blog: 2021 – change, scale & opportunity

Originally published in Furniture Today

by Bo Stump

Ashley’s recently announced $1 billion capital investment over 18 months is a blockbuster that all of us in the furniture industry should take notice of. It is clear evidence of the need to remain agile, constantly improve and anticipate the numerous seismic changes coming around the next corner.

$1 billion is larger than the market capitalization of all the public companies in the residential index, with La-Z-Boy ...

2021 is Expected to be a Boom Year for Mergers and Acquisitions

Originally published in Business of Furniture

by Bo Stump and Stuart Stump Mullens

2020 will go down in history as an epic year of frustration, disappointment, hardship and much more. In the business world, however, we have seen an amazing stock market rally, encouraging data on a quick macro-economic recovery and positive signs for a stronger 2021. 

In the commercial furniture sector, we are witnessing a seismic shift due to the work-from-home (WFO) movement, direct-to-consumer ...

An Outlook on the Furniture Industry

Originally published in Axial

by Bo Stump

The furniture industry, like many others, has experienced rapid changes this year. Most notably: Consumption Patterns. The existential COVID-19 mandate to work (or for many, live) at home all day, every day, has been a boon to home and home office furnishings suppliers, as many consumers realized they needed a better home office, while others took the opportunity to upgrade dining and living areas. Many employers now give ...

Reflections on 2020 and a look forward to 2021

Originally published in Home News Now

Stump & Co.’s Bo Stump is optimistic about the year ahead, projecting sustainable high demand and a supply chain gradually regaining balance

by Bo Stump

When 2020 began our country was dealing with a presidential impeachment process, a roaring economy, a record setting stock market, and hopes of sustaining a 10+ year business cycle.

Bo Stump
Bo Stump

On February 24th we attended Billy Joel’s monthly concert in NYC’s Madison ...

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