Bassett Furniture Industries, founded in 1902 by John D. Bassett, Charles C. Bassett, Samuel H. Bassett, and Reed L. Stone, is a prominent furniture manufacturer and retailer based in Bassett, Virginia. The company’s core mission is to provide high-quality home furnishings and fixtures, focusing on craftsmanship and customer satisfaction. With approximately 60 retail locations in the United States and Puerto Rico, and about 40 additional licensed locations, Bassett offers a wide range of products including bedroom sets, upholstery, accent chairs, recliners, and outdoor furniture.
Notable figures associated with Bassett Furniture include CEO Robert H. Spilman Jr. The company is publicly traded on Nasdaq under the ticker BSET and is a component of the Russell 2000 Index. In 2017, Bassett reported revenues of $452.5 million and a net income of $18.26 million. Its extensive retail network and commitment to quality have solidified its reputation as one of the oldest and most reliable furniture manufacturers in Virginia, making a significant impact on the home furnishings market.
