Braxton Culler
Deal Announcements

Braxton Culler, Inc. is acquired by Classic Home, Inc.

Classic Home, Inc. has acquired 100% of Braxton Culler, Inc with Stump serving as exclusive financial advisor to Braxton Culler.
Braxton Culler

Braxton Culler, Inc. is acquired by Classic Home, Inc.

Classic Home, Inc. has acquired 100% of Braxton Culler, Inc with Stump serving as exclusive financial advisor to Braxton Culler.
Braxton Culler
Deal Announcements

Furniture Today: Classic Home acquires Braxton Culler

Charlotte, N.C.-based Stump & Company, a boutique investment bank to the furniture industry, served as the exclusive advisor to Braxton Culler Inc. and its selling shareholders.
Braxton Culler

Furniture Today: Classic Home acquires Braxton Culler

Charlotte, N.C.-based Stump & Company, a boutique investment bank to the furniture industry, served as the exclusive advisor to Braxton Culler Inc. and its selling shareholders.
E-commerce
Articles & Publications

The E-Commerce Revolution

by Stuart Stump Mullens
COVID-19 has perhaps accelerated the adoption of online consumer purchasing by 10 years. The massive growth rates in 2020 of some of the largest e-commerce platforms selling furniture are staggering
E-commerce

The E-Commerce Revolution

COVID-19 has perhaps accelerated the adoption of online consumer purchasing by 10 years. The massive growth rates in 2020 of some of the largest e-commerce platforms selling furniture are staggering
Tim Stump
Articles & Publications

Profile: The Stump Companies

Nearly 50 years ago Charlotte businessman Ralph Stump founded The Stump Companies with a clear mission to provide owners of the furniture industries with real estate transactions and trusted, smart and confidential financial leadership overseeing mergers and acquisitions.
Tim Stump

Profile: The Stump Companies

Nearly 50 years ago Charlotte businessman Ralph Stump founded The Stump Companies with a clear mission to provide owners of the furniture industries with real estate transactions and trusted, smart and confidential financial leadership overseeing mergers and acquisitions.
Stump & Company
Articles & Publications

Confronted with supply chain pressures

by Bo Stump
“Never let a good crisis go to waste” is a famous quote often attributed to Rahm Emmanuel, but in reality it was first said by Winston Churchill (and we assume by many other less-famous individuals in the past).
Stump & Company

Confronted with supply chain pressures

“Never let a good crisis go to waste” is a famous quote often attributed to Rahm Emmanuel, but in reality it was first said by Winston Churchill (and we assume by many other less-famous individuals in the past).
Dollar Bill
Articles & Publications

Blog: 2021 – change, scale & opportunity

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.
Dollar Bill

Blog: 2021 – change, scale & opportunity

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.
Stump Team 2020
Articles & Publications

2021 is Expected to be a Boom Year for Mergers and Acquisitions

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.
Stump Team 2020

2021 is Expected to be a Boom Year for Mergers and Acquisitions

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.
Desk.jpeg
Articles & Publications

An Outlook on the Furniture Industry

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.
Desk.jpeg

An Outlook on the Furniture Industry

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.
Reflections on 2020 and a look forward to 2021
Articles & Publications

Reflections on 2020 and a look forward to 2021

by Bo Stump
On February 24th we attended Billy Joel’s monthly concert in NYC’s Madison Square Garden and never considered that COVID could become an issue here, despite it beginning to circle the globe. By mid-March the US was shut down, the stock market was plummeting, and unemployment was skyrocketing.

Reflections on 2020 and a look forward to 2021

On February 24th we attended Billy Joel’s monthly concert in NYC’s Madison Square Garden and never considered that COVID could become an issue here, despite it beginning to circle the globe. By mid-March the US was shut down, the stock market was plummeting, and unemployment was skyrocketing.
Mandy Li Collection
Deal Announcements

Vaughan Benz is acquired by Mandy Li Collection

Stump & Company (“Stump”) is pleased to announce that it served as the exclusive financial advisor to Vaughan Benz® in its recently completed acquisition by Mandy Li Collection®, which closed on Friday November 13th. Longtime friends of both high-end hospitality players, the Stump team was thrilled to bring these two parties together.
Mandy Li Collection

Vaughan Benz is acquired by Mandy Li Collection

Stump & Company (“Stump”) is pleased to announce that it served as the exclusive financial advisor to Vaughan Benz® in its recently completed acquisition by Mandy Li Collection®, which closed on Friday November 13th. Longtime friends of both high-end hospitality players, the Stump team was thrilled to bring these two parties together.
Urban Hardwoods
Deal Announcements

Urban Hardwoods, LLC is acquired by Urban Lumber Company Inc.

Stump & Company (“Stump”) is pleased to announce that it served as the exclusive financial advisor to Urban Hardwoods, LLC (“Urban Hardwoods” or the “Company”) in its recently completed acquisition by Urban Lumber Company Inc. (“Urban Lumber”).
Urban Hardwoods

Urban Hardwoods, LLC is acquired by Urban Lumber Company Inc.

Stump & Company (“Stump”) is pleased to announce that it served as the exclusive financial advisor to Urban Hardwoods, LLC (“Urban Hardwoods” or the “Company”) in its recently completed acquisition by Urban Lumber Company Inc. (“Urban Lumber”).
Oct_2020_Market.jpeg
Market

October 2020 Market Update

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.
Oct_2020_Market.jpeg

October 2020 Market Update

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.
September 2020 PreMarket
Market

September 2020 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.

September 2020 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.
Stump team member
Articles & Publications

Four factors feeding record furniture sales

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 influences driving these results, some that should continue as tailwinds to the industry and others that are helpful in the moment but will likely abate with time
Stump team member

Four factors feeding record furniture sales

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 influences driving these results, some that should continue as tailwinds to the industry and others that are helpful in the moment but will likely abate with time
Mergers & Acquisitions
Articles & Publications

An Outlook on the Furniture Industry

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.
Mergers & Acquisitions

An Outlook on the Furniture Industry

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.
Stump & Company
Company News

July 2020 Newsletter

We are now entering Month 6 of the COVID crisis; while no immediate solution appears imminent at the time of this writing, we remain optimistic a vaccine and/or effective treatment will arise in the coming months and help us beat back the virus.
Stump & Company

July 2020 Newsletter

We are now entering Month 6 of the COVID crisis; while no immediate solution appears imminent at the time of this writing, we remain optimistic a vaccine and/or effective treatment will arise in the coming months and help us beat back the virus.
Stuart Stump Mullens
Company News

Stuart Stump Mullens named in 40 under 40

Home Furnishings Business includes Stuart Stump Mullens, 31, in their Forty Under 40 list.
Stuart Stump Mullens

Stuart Stump Mullens named in 40 under 40

Home Furnishings Business includes Stuart Stump Mullens, 31, in their Forty Under 40 list.
Spring 2020 Market Update
Market

Spring 2020 Market Update

This has been a strange springtime for the world and the furniture industry.

Spring 2020 Market Update

This has been a strange springtime for the world and the furniture industry.
Stump Market Minute: The Rise of eCommerce
Market

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: 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
Market

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.

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.
April 2020 Update
Market

April 2020 Update

Our E-Commerce clients and friends seem to be faring well, even thriving, through this time (some have reported as much as 25%+ growth over Q1 2019).

April 2020 Update

Our E-Commerce clients and friends seem to be faring well, even thriving, through this time (some have reported as much as 25%+ growth over Q1 2019).
Stump Team 2020
Market

Vegas 2020 - Strong Foot Traffic, High Customer Acquisition, and Double-digit Growth.

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.
Stump Team 2020

Vegas 2020 - Strong Foot Traffic, High Customer Acquisition, and Double-digit Growth.

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.
BDNY_Nov_2019
Market

What a market! BDNY 2019

We continue to see supply chains shift − to Vietnam, the Philippines, and Indonesia – and the capacity constraint repercussions. There is also significant interest toward North American manufacturing.
BDNY_Nov_2019

What a market! BDNY 2019

We continue to see supply chains shift − to Vietnam, the Philippines, and Indonesia – and the capacity constraint repercussions. There is also significant interest toward North American manufacturing.
HighPoint Market Oct 2019
Market

High Point October 2019 Update

The High Point Market is the Super Bowl for the residential furniture industry. Historically, over 75,000+ people come to town twice a year to visit the 2,200 exhibitors that display their goods in over 12 million square feet of showroom space spread out over 150 buildings.
HighPoint Market Oct 2019

High Point October 2019 Update

The High Point Market is the Super Bowl for the residential furniture industry. Historically, over 75,000+ people come to town twice a year to visit the 2,200 exhibitors that display their goods in over 12 million square feet of showroom space spread out over 150 buildings.