ELK Group International Acquires Stein World

ELK Group has completed more than 15 acquisitions in five years
August 4, 2016Andrea Lillo

ElkGroupTAMAQUA, Penn.—ELK Group International has bolstered its furniture offering with the acquisition of Memphis-based Stein World, one of the largest suppliers of accent and occasional furniture in North America.

“The appreciable scale created by this partnership, together with our existing brands, earns us the distinction of being one of the largest suppliers of home furnishings in the industry,” said Bradford Smith, CEO of ELK Group. “This means even greater product selection and money saving benefits for our customers, firmly moving us in the direction of our goal to become the most competitive line of products among our client base.”

With its “whole home solutions” credo, ELK called this acquisition as perhaps its most significant. The move expands the variety of furniture categories and price points within ELK’s already substantial catalog of premium lighting, furniture and decorative accessories.

The company has completed more than 15 home furnishing acquisitions in the past five years, with each acquired brand providing a specific strategic differentiator, according to the company, which now offers about 15,000 SKUs.

“The combined organizational strength of design sourcing and logistics will bring the best of everything to our customers,” said Dan Masters, president of Stein World. “ELK and Stein World together can leverage their purchasing power to provide an even greater value to the marketplace, creating a tremendous single source for retailers.”

ELK said it will retain Stein World’s talented personnel, value-oriented furniture pricing and quality-driven designs, and Memphis operations, expanding its distribution network. Stein World was founded in 1985.

Andrea LilloAndrea Lillo | Fashion Editor

Andrea Lillo has written about a variety of topics, from beer gardens in Queens to kitchen design trends to residential caves. Having joined Home Furnishings News in 2006, she serves as Fashion Editor.


  • Von Tobel Cites Brass Textures Among Top Trends

    Camera Icon   More Videos

Subscribe to
HFN Omnichannel
Receive the news you need to know about the trends in the industry delivered right to your inbox.

Current Issue

  • HFN cover for September 2017


    September 2017


    2017 State of the Industry Report
    Cautious Optimism, Mixed Results

    Many expected 2016 would be a banner year, but the political and economic climate softened consumer confidence. It was also a year consumers spent more lavishly on home remodeling rather than decorating.


    •  TJX Unveils First U.S. Homesense Store - In a time when retailers are reducing store counts, TJX continues to get physical.
    •   Ikea’s Fluid Spaces - The retailer’s new intros reflect multifunctional rooms.
    •  N.Y. Home Fashions Market Preview - Textile textures get soft and cozy, colors warmer.