Viewing posts for the category Market
Stump Market Minute: The Rise of eCommerce
Categories: Market | Published: May 21st 2020
Stuart Stump Mullens shares analysis and insight into the rise of eCommerce in the Home Furnishings industry.
Stump Market Minute: April 28, 2020
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 ...
April 2020 Update
Categories: Market, News & Events | Published: Apr 13th 2020
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 ...
Vegas 2020 - Strong Foot Traffic, High Customer Acquisition, and Double-digit Growth.
Categories: Market | Published: Jan 30th 2020
What happens here, only happens here. Or so we heard frequently in this ever-evolving city.
The 2020 Winter Market lived up to the hype. Most hallways were full of buyers and industry players, with exhibitors happily showing updated product lines in busy showrooms. We heard from several long-time clients that this was their best Vegas market yet, with foot traffic strong, customer acquisition high, and double-digit growth in orders from last year. This optimism reflects ...
What a market! BDNY 2019
Categories: Market | Published: Nov 13th 2019
BDNY November 2019 Update
We always enjoy the BDNY hospitality show, and 2019 was no different. Exhibitors were busy, attitudes upbeat, and both buyers and sellers seemed to enjoy themselves at the sleek Javits Center. As a favorite long-time client put it, “this show is the best. It’s finite [only 2 days], with qualified buyers, in a city people want to visit.” We couldn’t agree more.
We met with over 80 CEOs and key ...
Recent Posts
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HOOKER FURNISHINGS ENTERS OUTDOOR CATEGORY WITH ACQUISITION OF SUNSET WEST
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Vegas Market Recap Jan 2022
- 2021 Disruptions to the Home Furnishings Industry
- Why is furniture hot right now?
- Boutique Design New York (BDNY) 2021
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