Stump Market Minute: The Rise of eCommerce

The environment heading into Neocon is upbeat—with stock prices high, the general economic environment strong and the M&A industry hot.

Our industry continues to grow rapidly in this channel and most companies are exploring how best to participate.

Contract/Commercial furniture folks are upbeat, as business is strong across all sectors, and most people believe we have another 2-4 years of growth ahead of us.

Optimism at the market was palpable. Most owners mentioned looking 1-2-3 years down the road and seeing encouraging signs for increased sales growth and shareholder value creation. With these good feelings comes renewed chatter in the Merger & Acquisition market. Many Private Equity firms want out of existing positions, while plenty of others want in. Some will want to add to existing portfolios to bolster their holdings. Strategic acquisitions are likewise heating up.