Viewing posts for the category Articles & Publications
An Outlook on the Furniture Industry
Categories: Articles & Publications, Stump & Company | Published: Dec 1st 2020
Originally published in Axial
by Bo Stump
The furniture industry, like many others, has experienced rapid changes this year. Most notably: Consumption Patterns. The existential COVID-19 mandate to work (or for many, live) at home all day, every day, has been a boon to home and home office furnishings suppliers, as many consumers realized they needed a better home office, while others took the opportunity to upgrade dining and living areas. Many employers now give ...
Reflections on 2020 and a look forward to 2021
Categories: Articles & Publications, Stump & Company | Published: Nov 20th 2020
Originally published in Home News Now
Stump & Co.’s Bo Stump is optimistic about the year ahead, projecting sustainable high demand and a supply chain gradually regaining balance
by Bo Stump
When 2020 began our country was dealing with a presidential impeachment process, a roaring economy, a record setting stock market, and hopes of sustaining a 10+ year business cycle.
On February 24th we attended Billy Joel’s monthly concert in NYC’s Madison ...
Four factors feeding record furniture sales
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 ...
An Outlook on the Furniture Industry
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 ...
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