| Bassett Furniture Industries, Inc. | |
| Type: | Public |
| Traded As: | NASDAQ: Russell 2000 Component |
| Industry: | Furniture |
| Location: | Bassett, Virginia, U.S. |
| Key People: | Robert H. Spilman Jr. (CEO) |
| Products: | Home furnishings and fixtures |
| Revenue: | US$ 452.5 million (2017) |
| Operating Income: | US$ 27.02 million (2017) |
| Net Income: | US$ 18.26 million (2017) |
| Assets: | US$ 293.75 million (2017) |
| Equity: | US$ 191.46 million (2017) |
| Num Employees: | 2,618 (2017) |
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., Roxanne Hundley and Pocahontas Hundley. 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]
The two brothers, C.C. (Charles Columbus) Bassett and John D. Bassett owned a limber mill. One day their wives, Roxanne A. Hundley and Pocahontas Hundley came up with an idea to start a furniture company using the limber from the mill.