News
Articles & Publications
What does a red hot jobs report mean for the furniture industry? Industry experts weigh in
As of July 2022, employment has risen 528,000 according to the U.S. Bureau of Labor Statistics. In fact, the unemployment rate is the best its been since February 2020. What does this mean for the furniture industry?
What does a red hot jobs report mean for the furniture industry? Industry experts weigh in
As of July 2022, employment has risen 528,000 according to the U.S. Bureau of Labor Statistics. In fact, the unemployment rate is the best its been since February 2020. What does this mean for the furniture industry?
Articles & Publications
Struck by the power of the ports
by Stuart Stump Mullens
A visit to the United State's fastest-growing and third-largest-by-volume container terminal reveals the powerful investment the Port of Savannah has made to maintain the accurate pace for the U.S. economy's import and export needs.
Struck by the power of the ports
A visit to the United State's fastest-growing and third-largest-by-volume container terminal reveals the powerful investment the Port of Savannah has made to maintain the accurate pace for the U.S. economy's import and export needs.
Market
NEOCON 2022: Commercial Furniture on the Move!
The Stump team enjoyed a full 2 days of Neocon this week in Chicago as we witnessed an energetic gathering of commercial furniture specialists.
NEOCON 2022: Commercial Furniture on the Move!
The Stump team enjoyed a full 2 days of Neocon this week in Chicago as we witnessed an energetic gathering of commercial furniture specialists.
Deal Announcements
Exemplis® acquires Edloe Finch
Stump and Company are pleased to announce the Partnership of Albany Park & Edloe Finch with Exemplis®. Stump & Company initiated this transaction and represented the seller.
Exemplis® acquires Edloe Finch
Stump and Company are pleased to announce the Partnership of Albany Park & Edloe Finch with Exemplis®. Stump & Company initiated this transaction and represented the seller.
Market
April High Point Market 2022
The High Point furniture market was in full swing this week and it felt like the first market with a semblance of “post…
April High Point Market 2022
The High Point furniture market was in full swing this week and it felt like the first market with a semblance of “post…
Articles & Publications
M&A in a Family-Owned Business
by Stuart Stump Mullens
Stump & Company has been honored to represent hundreds of family businesses over the last 50 years and find that several factors impact family businesses disproportionately to financial or corporately owned businesses.
M&A in a Family-Owned Business
Stump & Company has been honored to represent hundreds of family businesses over the last 50 years and find that several factors impact family businesses disproportionately to financial or corporately owned businesses.
Company News
Reflections on Stump & Company’s 50 years in the industry
by Tim Stump
Tim Stump reflects on the company his father created and the impact it has had on the furniture business. Originally published in Home News Now.
Reflections on Stump & Company’s 50 years in the industry
Tim Stump reflects on the company his father created and the impact it has had on the furniture business. Originally published in Home News Now.
Company News
Stump & Company Celebrates 50th Year Anniversary
Started by Ralph Stump in 1972, Stump & Company celebrates its 50th year in business with a new website and brand.
Stump & Company Celebrates 50th Year Anniversary
Started by Ralph Stump in 1972, Stump & Company celebrates its 50th year in business with a new website and brand.
Articles & Publications
Retail’s Omnichannel Transformation Drives LMM M&A
Bo Stump, a Partner at Stump & Company, and Jason Somerville, the Founder and Managing Partner at Global Wired Advisors, help put these trends into context.
Retail’s Omnichannel Transformation Drives LMM M&A
Bo Stump, a Partner at Stump & Company, and Jason Somerville, the Founder and Managing Partner at Global Wired Advisors, help put these trends into context.
Articles & Publications
How Shipping Delays Turned Used Furniture Into a Hot Commodity
Interior designers and homeowners are turning to antique, vintage and even contemporary resale furnishings for quicker delivery.
How Shipping Delays Turned Used Furniture Into a Hot Commodity
Interior designers and homeowners are turning to antique, vintage and even contemporary resale furnishings for quicker delivery.
Deal Announcements
Hooker Furnishings Enters Outdoor Category With Acquisition of Sunset West
We are pleased to announce the sale of Sunset West, LLC. to Hooker Furnishings Corporation. Stump initiated this transaction and exclusively represented the selling shareholders.
Hooker Furnishings Enters Outdoor Category With Acquisition of Sunset West
We are pleased to announce the sale of Sunset West, LLC. to Hooker Furnishings Corporation. Stump initiated this transaction and exclusively represented the selling shareholders.
Market
Vegas Market Recap Jan 2022
The Stump team attended the semiannual Furniture Market at the Las Vegas World Market Center this week and was pleasantly surprised by the attendance and upbeat attitudes.
Vegas Market Recap Jan 2022
The Stump team attended the semiannual Furniture Market at the Las Vegas World Market Center this week and was pleasantly surprised by the attendance and upbeat attitudes.
Articles & Publications
A look at private equity in the furniture industry
by Bo Stump
Bo Stump dives into the increasing role private equity has played in the evolution of the residential furniture industry and M&A transactions.
A look at private equity in the furniture industry
Bo Stump dives into the increasing role private equity has played in the evolution of the residential furniture industry and M&A transactions.
Articles & Publications
2021 Disruptions to the Home Furnishings Industry
by Stuart Stump Mullens
Stuart Stump Mullens discusses the ongoing E-commerce boom and how it's changing the Home Furnishings landscape.
2021 Disruptions to the Home Furnishings Industry
Stuart Stump Mullens discusses the ongoing E-commerce boom and how it's changing the Home Furnishings landscape.
Articles & Publications
Why is furniture hot right now?
by Stuart Stump Mullens
Our residential furnishings industry is enjoying a surge in demand, and a lot of people don’t understand why (and wonder if it is here to stay). Here’s our take on it.
Why is furniture hot right now?
Our residential furnishings industry is enjoying a surge in demand, and a lot of people don’t understand why (and wonder if it is here to stay). Here’s our take on it.
Market
Boutique Design New York (BDNY) 2021
Our team traveled to New York for the annual BDNY hospitality show at the Javits Center and it was fantastic!
Boutique Design New York (BDNY) 2021
Our team traveled to New York for the annual BDNY hospitality show at the Javits Center and it was fantastic!
Articles & Publications
What’s all the fuss about Mexico?
by Tim Stump
So, our team traveled to Tijuana to check it out in a (almost) post-Covid world. And here’s what we learned.
What’s all the fuss about Mexico?
So, our team traveled to Tijuana to check it out in a (almost) post-Covid world. And here’s what we learned.
Market
Fall High Point Market Recap
Our team worked the halls of the High Point market for 6 days and were pleased with the attendance, energy, and optimism. Most clients told us that total visits were probably 40-50% below pre-covid levels, but much better than expected.
Fall High Point Market Recap
Our team worked the halls of the High Point market for 6 days and were pleased with the attendance, energy, and optimism. Most clients told us that total visits were probably 40-50% below pre-covid levels, but much better than expected.
Articles & Publications
Stump Interview with Axial
Axial interviewed Stump's second generation partners, Stuart Mullens and Bo Stump to get their first hand perspectives on furniture sales trends.
Stump Interview with Axial
Axial interviewed Stump's second generation partners, Stuart Mullens and Bo Stump to get their first hand perspectives on furniture sales trends.
Market
Neocon & Casual Show Recap
The Stump team attended both the September 20-23 Casual show and the October 4-6 Neocon show in Chicago's famed Merchandise Mart. After a long, COVID-induced pause, we found both to be upbeat despite mixed traffic.
Neocon & Casual Show Recap
The Stump team attended both the September 20-23 Casual show and the October 4-6 Neocon show in Chicago's famed Merchandise Mart. After a long, COVID-induced pause, we found both to be upbeat despite mixed traffic.
Market
Vegas Markets Recap
The Stump team traveled to Las Vegas this week to attend the back-to-back residential market and the hospitality show.
Vegas Markets Recap
The Stump team traveled to Las Vegas this week to attend the back-to-back residential market and the hospitality show.
Deal Announcements
Bolton Furniture is Acquired by Trademark Global, a Portfolio Company of Bertram Capital
Stump & Company (“Stump”) was pleased to initiate this transaction and serve as the exclusive financial advisor to Bolton.
Bolton Furniture is Acquired by Trademark Global, a Portfolio Company of Bertram Capital
Stump & Company (“Stump”) was pleased to initiate this transaction and serve as the exclusive financial advisor to Bolton.
Market
June High Point Market Recap
The Spring, rescheduled to Summer, High Point market has now concluded and in our view it was a SUCCESS!
June High Point Market Recap
The Spring, rescheduled to Summer, High Point market has now concluded and in our view it was a SUCCESS!
Market
The Chicago Office Show: NEOCON, June 2019
Neocon was upbeat and well attended again this year. Our discussions with clients and prospects during our 48 hours in Chicago confirm that most are doing well in this up-cycle, despite the headwinds of Chinese tariffs and the unavailability of labor.
The Chicago Office Show: NEOCON, June 2019
Neocon was upbeat and well attended again this year. Our discussions with clients and prospects during our 48 hours in Chicago confirm that most are doing well in this up-cycle, despite the headwinds of Chinese tariffs and the unavailability of labor.