Bassett Furniture

Furniture company in Virginia, United States From Wikipedia, the free encyclopedia

Bassett Furniture

Bassett Furniture Industries, Inc. 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, 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]

Quick Facts Company type, Traded as ...
Bassett Furniture Industries, Inc.
Company typePublic
Nasdaq: BSET
Russell 2000 Component
IndustryFurniture
Founded1902; 123 years ago (1902)
Founder
  • J. D. Bassett
  • Charles C. Bassett
  • Samuel H. Bassett
  • Reed L. Stone
HeadquartersBassett, Virginia, U.S.
Key people
Robert H. Spilman Jr. (CEO)
ProductsHome furnishings and fixtures
RevenueUS$ 452.5 million (2017)
US$ 27.02 million (2017)
US$ 18.26 million (2017)
Total assetsUS$ 293.75 million (2017)
Total equityUS$ 191.46 million (2017)
Number of employees
2,618 (2017)
Websitewww.bassettfurniture.com
Close

The two brothers, C.C. (Charles Columbus) Bassett and John D. Bassett owned a lumber mill. One day their wives, Roxanne A. Hundley and Pocahontas Hundley came up with an idea to start a furniture company using lumber from the mill.

Thumb
Bassett headquarters (2010)

References

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