Manufactures, retails, and imports home furnishings
Bassett Furniture Industries, Inc. is a retailer, manufacturer and marketer of home furnishings. It operates through the three reportable segments: Wholesale, Retail, and Investments and Real Estate. The Wholesale segment is involved principally in the design, manufacture, sourcing, sale and distribution of furniture products to a network of Bassett stores, including licensee-owned and company-owned retail stores and independent furniture retailers. It includes its wood and upholstery operations. The Retail segment consists of company owned stores in the United States of America. The Investments and Real Estate segment consists of its holdings of retail real estate leased or previously leased as licensee stores. The company was founded by John David Bassett in 1902 and is headquartered in Bassett, VA.