News

Viewing posts for the category Market

September 2020 PreMarket

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 ...

Spring 2020 Market Update

 

“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 ...

Stump Market Minute: The Rise of eCommerce

Stuart Stump Mullens shares analysis and insight into the rise of eCommerce in the Home Furnishings industry.

Stump Market Minute: April 28, 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:

  1. 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
  2. Re-Opening – what does this mean?
    a. Safety ...

April 2020 Update

COVID-19 has put a pause on much of the global economy. The furniture industry is no different – domestic factories are mostly shut down, many workers have been furloughed or laid off, brick & mortar retailers are by and large closed, and the Spring High Point Market has been canceled. Companies are conserving cash by cutting costs, drawing down unused lines of credit and extending payables wherever possible. Public stocks have taken a beating, and ...

Recent Posts

Archive

2020
2019
2018
2017
2016
2015
2014

Categories

Tags

Feeds

RSS / Atom
Real Estate
The Stump Corporation
Specialists in industrial real estate brokerage in the Carolinas, Virginia and Tennessee.
Learn More
Mergers & Acquisitions
Stump & Company
Specialist in mergers and acquisitions, and investment banking.
Learn More
© 2020 Stump Corporation and Stump & Company. Developed by VanNoppen.