Categories: Market | Published: Sep 16th 2020
September 2020 High Point PreMarket
Masked and temperature checked (and with hand-sanitizer in pockets), our team spent two very upbeat days in High Point for PreMarket. Furniture Today called it the “mother of all PreMarkets” - we agree. Over 300 exhibitors officially participated with another 100+ exhibitors quietly open to customers by appointment. General consensus was that any attendee in town was there to write meaningful business. The attitudes of our clients and friends were incredibly ...
Categories: Articles & Publications, Stump & Company | Published: Sep 15th 2020
Originally published in Home News Now.
Stump & Co.’s Stuart Stump Mullens considers the drivers of the summer rebound and how well-positioned the industry is to continue on the upward path.
by Stuart Stump Mullens
In their latest earnings reports, many home furnishing retailers are reporting record-breaking quarters. This is a historical anomaly for the industry — to be leading the charge out of a recession (though a welcome one).
We see four primary ...
Categories: Articles & Publications, Stump & Company | Published: Sep 1st 2020
Originally published in Home Furnishings Business
by Bo Stump
2020 has proven to be the most challenging and perplexing year of the new century. A global pandemic went from 0 to 6 million cases in a matter of months, with hundreds of thousands of casualties. The crisis sparked rapid job layoffs, business closures, plummeting GDP numbers, and a collapse in equity markets. Racial, societal, and political unrest followed, with the specter of a volatile U ...
Categories: News & Events | Published: Aug 3rd 2020
Industry clients and friends:
We hope all of you have remained safe during the COVID-19 pandemic. We are now entering Month 6 of the crisis; while no immediate solution appears imminent at the time of this writing, we remain optimistic a vaccine and/or effective treatment will arise in the coming months and help us beat back the virus.
On a more positive note, we have noticed a significant uptick in business activity and M&A ...
Categories: Stump & Company | Published: Jul 21st 2020
Home Furnishings Business includes Stuart Stump Mullens, 31, in their Forty Under 40 list.
As a partner at Stump & Company, Stuart is responsible for all phases of merger & acquisition work, beginning with fundamental financial analysis, and working with furniture clients to execute the sale of their business. She manages the preparation of all offering memorandum materials, managing the sale process, and leading the legal negotiations and final sequencing of the closing. Now in her ...
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