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The E-Commerce Revolution

Originally published in Furniture Today

By Stuart Stump Mullens

COVID-19 has perhaps accelerated the adoption of online consumer purchasing by 10 years. The massive growth rates in 2020 of some of the largest e-commerce platforms selling furniture are staggering:

  • Amazon grew 38% and added over $100 billion in revenue. Q4/2020 showed sales growth of 44%.Total revenues are approaching $400 billion.
  • Wayfair has a 50% compounded growth rate since 2014. Revenues for 2020 will ...

Profile: The Stump Companies

Originally published by VanNoppen Marketing

by Allen VanNoppen

Nearly 50 years ago Charlotte businessman Ralph Stump founded The Stump Companies with a clear mission to provide owners of the furniture industries with real estate transactions and trusted, smart and confidential financial leadership overseeing mergers and acquisitions.

Today, with headquarters still entrenched in Charlotte, the company has evolved into a multi-generational, family-owned, industry sector powerhouse dedicated to home furnishings mergers and acquisitions and real estate brokerage ...

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 ...

Real Estate
The Stump Corporation
Specialists in industrial real estate brokerage in the Carolinas, Virginia and Tennessee.
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Mergers & Acquisitions
Stump & Company
Specialist in mergers and acquisitions, and investment banking.
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