Blog: Reflections on 2020 and a look forward to 2021
Stump & Co.’s Bo Stump is optimistic about the year ahead, projecting sustainable high demand and a supply chain gradually regaining balance.
Author: Clint Engel
Clint Engel is a veteran home furnishings industry journalist and executive editor of Home News Now. Please share your feedback with him at clint@homenewsnow.com
ISFD’s Good Designs Unmasked Virtual Pinnacle Awards program marked as an outstanding industry success
High Point, N.C. Nov. 17, 2020 — The International Society of Furniture Designers (ISFD) met the challenge of safely honoring the top professional furniture designers …
Cyber attack slows Century’s communications, but not so much production
Century Furniture was struck by a “malware intrusion” early this month, an attack that crippled its main communications channels temporarily while its IT and other teams worked to sort things out. No sensitive customer information was compromised, and the company’s communications channels were back up and running normally within a few days, said CEO Alex Shuford III.
Franchise Group continues on aggressive furniture expansion track
Franchise Group, which last week bid to acquire bankrupt FFO Home, has refranchised 47 of its Buddy’s Home Furnishings stores to apparel retailer and licensor Bebe. It’s a move that provides new insight into the business model of a company that has been in furniture industry expansion mode since the middle of last year
