News

The Stump team traveled to Las Vegas this week to attend the back-to-back residential market and the hospitality show.

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.

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?

So, our team traveled to Tijuana to check it out in a (almost) post-Covid world. And here’s what we learned.

Mergers and acquisitions (M&A) are key to a healthy economy, and the furniture industry is no exception. Over the past five years, M&A transactions have played a significant role in the evolution of the furniture industry, and they will continue to shape its future for years to come.

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.

With continued planned patrols made by China near Taiwan, how will the furniture industry be affected by the growing disruption?

The Las Vegas market was busy and upbeat – the halls felt packed and energetic. There were even rumors that this market set attendance records!

We are pleased to welcome Stuart (Stump) Mullens to our firm as Vice President and a principal in the firm. Stuart continues the 3rd generation development of future leaders of The Stump Companies.

The Las Vegas Market continues to be an important market. The crowds were good and most exhibitors and visitors were optimistic about the coming year. After a year of relatively flat growth and negative political noise, people seemed ready to hit the ground running this year.