Viewing posts from January, 2021
Categories: Articles & Publications, Stump & Company | Published: Jan 15th 2021
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 ...
Categories: Articles & Publications, Stump & Company | Published: Jan 13th 2021
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 ...
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