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2021 Disruptions to the Home Furnishings Industry

by Stuart Stump Mullens

originally published in Furniture Today

E-commerce and brick and mortar symbiosis. E-commerce continues to boom and is interestingly coming full circle. Wayfair announced last week they will start to open brick & mortar stores in 2022. In parallel brick-and-mortar flagship retailers from RH to Costco are investing heavily in their website presence and .com business, which is booming.

In Costco’s most recent earnings call they reported their .com business is up ...

Why is furniture hot right now?

by Stuart Stump Mullens

originally published in Furniture Today

Our residential furnishings industry is enjoying a surge in demand, and a lot of people don’t understand why (and wonder if it is here to stay). Here’s our take (long story short, we think our industry is in for a nice long run) on it.

With COVID-19 raging across the world, people spent more time at home and wanted new furnishings to enjoy: a new sofa ...

What’s all the fuss about Mexico?

by Tim Stump

originally published in Home News Now

TIJUANA, Mexico — The press has lately been relentless in its reporting on supply chain issues as many Asian countries continue with Covid-induced shutdowns, rising container costs, congested US ports, and prices increase on imports. This is leading many domestic companies to consider Mexico as a sourcing alternative thanks to its close border proximity, comparable first cost labor rates to China,
abundance of labor, and a ...

Stump Interview with Axial

originally published in Axial's Middle Market Review

E-Commerce Drives Growth and M&A Opportunity in the Furniture Industry

by Dani Forman

Furniture runs deep in the Stump family DNA. Since 1972, the Stump family’s investment banking firm, Stump & Company, has successfully completed over 400 M&A transactions on behalf of their furniture-focused clients. That 50-year history has also given Stump & Co a front row seat to the evolution of the furniture industry as it ...

A Furniture History Lesson

Originally published in Furniture Today

by Tim Stump

Our most recent transaction, the sale of Braxton Culler, Inc., is a classic win-win Stump deal, with clear synergies for the buyer and a terrific steward for Braxton’s compelling legacy. It is also a prime example of long-term relationships driving successful deals, as it has been our pleasure to know the Culler family for decades. We wanted to take a moment to reflect on the Company and ...

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