Categories: Market, News & Events | Published: Oct 20th 2017
A Market On The Move!
The weeklong Fall Residential High Point Market was upbeat. The air seemed to be charged with a sense that this is A Market on the Move with new destination showrooms opening left and right and many more under construction, as well as the change of hands of the core of the High Point Markets’ real estate. The purchase of International Market Centers in High Point and Las Vegas by Blackstone ...
Categories: Market, News & Events | Published: Sep 28th 2017
This fall has been a busy season in the M&A market and for Stump & Company. We have closed 2 transactions over the past 2 months, and have two more nearing completion in the weeks ahead. We have observed a compelling balance of buyers and sellers in all furniture industry sectors.
There are strong strategic buyers that are interested in growth and diversification of products. Private equity companies have invested in the space, which indicates ...
Categories: NeoCon, News & Events | Published: Jun 15th 2017
Chicago Office/Contract Show: NEOCON, June 2017
The halls were jammed this year for the annual commercial furniture exhibition in Chicago. Attitudes were upbeat and most of our clients are signaling good sales and profits for the year.
Quote of the market #1: "This feels like the go-go years of the 1990s" opined one veteran sales rep.
Change is occurring in the sector as traditional desking and systems/cubicles are giving way ...
Categories: Market, News & Events | Published: May 8th 2017
Quote of the Market 1: “No, I don’t gamble while I’m in Vegas; I make furniture, and that is gamble enough!” joked one industry CEO. “Well, if furniture is a gamble, then hospitality is on a roll!” quipped another.
The HD Vegas show was positive and upbeat. The exhibitors felt that traffic was up and the energy good. The new layout of the building was an added bonus. In place of the circuitous ...
Categories: Market, News & Events | Published: Apr 30th 2017
April 19-25, 2017 - Charlotte, NC
Quote of the Market #1: "Neither snow nor rain nor heat nor gloom of night stays these couriers from the swift completion of their appointed rounds…and it won’t stop us at market either!” opined one industry veteran. “At least it didn’t snow,” he added. An apt and appropriate quote indeed, in light of the impressive new post office showroom that opened this market and the torrential downpours of ...
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