Viewing posts for the category Stump & Company
HOOKER FURNISHINGS ENTERS OUTDOOR CATEGORY WITH ACQUISITION OF SUNSET WEST
Categories: Deal Announcements, Stump & Company | Published: Jan 31st 2022
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.
Sunset West, based in Vista, CA, is a premier high-end casual furniture producer serving the better retail stores, designers and hospitality destinations. Hooker Furnishings is one of the leading US furniture manufacturers headquartered in Martinsville, VA.
Press Release
MARTINSVILLE, Virginia – Hooker Furnishings (NASDAQ: HOFT) announced to today that it ...
Vegas Market Recap Jan 2022
Categories: Market, Stump & Company | Published: Jan 28th 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. Many exhibitors told us that over 100 retailers came and conducted strong new business. In addition, designers flocked to see new product trends and deepen vendor relationships.
We were particularly impressed with some of the new showrooms, like Hooker Furnishings (nice new showroom on A2). Those that stepped ...
2021 Disruptions to the Home Furnishings Industry
Categories: Articles & Publications, Stump & Company | Published: Jan 6th 2022
by Stuart Stump Mullens
originally published in Furniture Today
E-commerce and brick and mortar symbiosis. E-commerce continues to boom and is interestingly coming full circle. Wayfair announced last week they will start to open brick & mortar stores in 2022. In parallel brick-and-mortar flagship retailers from RH to Costco are investing heavily in their website presence and .com business, which is booming.
In Costco’s most recent earnings call they reported their .com business is up ...
Why is furniture hot right now?
Categories: Articles & Publications, Stump & Company | Published: Nov 23rd 2021
by Stuart Stump Mullens
originally published in Furniture Today
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 (long story short, we think our industry is in for a nice long run) on it.
Boutique Design New York (BDNY) 2021
Categories: Market, News & Events, Stump & Company | Published: Nov 17th 2021
Our team traveled to New York for the annual BDNY hospitality show at the Javits Center and it was fantastic! Attendance far exceeded anyone’s expectations and the energy was strong. The exhibitors and attendees alike were optimistic about a rebound in hospitality business for 2022 and beyond.
New York was bustling too. The planes were packed, the restaurants full, and construction was everywhere. Hudson Yards has a new multi-building complex across from the Javits center ...
Recent Posts
-
HOOKER FURNISHINGS ENTERS OUTDOOR CATEGORY WITH ACQUISITION OF SUNSET WEST
-
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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