Viewing posts for the category Stump & Company
Blog: 2021 – change, scale & opportunity
Categories: Articles & Publications, Stump & Company | Published: Jan 15th 2021
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
Categories: Articles & Publications, Stump & Company | Published: Jan 13th 2021
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 ...
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 ...
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