Viewing posts for the category Market
Categories: Market | Published: Oct 20th 2020
The Stump team spent an uncharacteristically brief 24-hours in High Point last week at the Fall Market. With extra working days added for exhibitors, partially closed/“appointment-only” showroom policies, and ever-present COVID precautions we did not roam the halls nor shake hands as normal.
Nevertheless, we met with over 20 industry CEOs and owners, re-connected with old friends, and made several new connections. We also pitched a handful of potential buyers on two residential upholstery ...
Categories: Market | Published: Sep 16th 2020
September 2020 High Point PreMarket
Masked and temperature checked (and with hand-sanitizer in pockets), our team spent two very upbeat days in High Point for PreMarket. Furniture Today called it the “mother of all PreMarkets” - we agree. Over 300 exhibitors officially participated with another 100+ exhibitors quietly open to customers by appointment. General consensus was that any attendee in town was there to write meaningful business. The attitudes of our clients and friends were incredibly ...
Categories: Market | Published: Jun 1st 2020
“There will definitely be a new normal; but before that we will have a new abnormal.”
-Furniture Industry CEO
This has been a strange springtime for the world and the furniture industry. Typically, this season is a happy marathon for the Stump Team as we enjoy back to back markets kicking off in High Point in April, HD-Vegas in May, NeoCon in June, and finally the World Market in Vegas in ...
Categories: Market | Published: May 21st 2020
Stuart Stump Mullens shares analysis and insight into the rise of eCommerce in the Home Furnishings industry.
Categories: Market | Published: Apr 28th 2020
Today would be the last day of the Spring High Point Market, so we wanted to update everyone on the major themes we are hearing from our clients and friends, based on numerous calls over the last few weeks:
- Conserve Cash / Survive to play another day:
a. Cut costs
b. Evaluate staffing needs
c. PPP loans
d. Draw down on lines of credit to build cash reserves
- Re-Opening – what does this mean?
a. Safety ...
- The E-Commerce Revolution
- Profile: The Stump Companies
- Confronted with supply chain pressures
- Blog: 2021 – change, scale & opportunity
- 2021 is Expected to be a Boom Year for Mergers and Acquisitions
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