Bassett Furniture

Bassett Furniture Industries is a furniture manufacturer and retailer, headquartered in Bassett, Virginia, United States. It was founded in 1902 by John D. Bassett, Charles C. Bassett, Samuel H. Bassett, and Reed L. Stone. Bassett Furniture is one of the oldest furniture manufacturers in Virginia. Bassett operates approximately 60 retail locations in the United States and Puerto Rico and licenses its retail brand to about 40 additional locations.[1][2]

Bassett headquarters (2010)
Bassett Furniture Industries, Inc.
TypePublic
Nasdaq: BSET
Russell 2000 Component
IndustryFurniture
Founded1902
FounderJ. D. Bassett, Charles C. Bassett, Samuel H. Bassett, and Reed L. Stone
HeadquartersBassett, Virginia, U.S.
Key people
Robert H. Spilman Jr. (CEO)
ProductsHome furnishings and fixtures
RevenueIncreaseUS$ 452.5 million (2017)
DecreaseUS$ 27.02 million (2017)
IncreaseUS$ 18.26 million (2017)
Total assetsIncreaseUS$ 293.75 million (2017)
Total equityIncreaseUS$ 191.46 million (2017)
Number of employees
2,618 (2017)
Websitewww.bassettfurniture.com

References

  1. Macy, Beth (10 July 2014). "The Decline of an American Furniture Maker". newyorker.com. Retrieved 21 April 2017.
  2. Reif, Rita (10 January 1970). "The Little Virginia Town That Thrives on Making Furniture". The New York Times. Retrieved 21 April 2017.
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