Company type | Public |
---|---|
Nasdaq: BSET Russell 2000 Component | |
Industry | Furniture |
Founded | 1902 |
Founder |
|
Headquarters | Bassett, Virginia, U.S. |
Key people | Robert H. Spilman Jr. (CEO) |
Products | Home furnishings and fixtures |
Revenue | US$ 452.5 million (2017) |
US$ 27.02 million (2017) | |
US$ 18.26 million (2017) | |
Total assets | US$ 293.75 million (2017) |
Total equity | US$ 191.46 million (2017) |
Number of employees | 2,618 (2017) |
Website | www |
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]
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.
Martinsville is an independent city in the Commonwealth of Virginia in the United States. As of the 2020 census, the population was 13,485. A community of both Southside and Southwest Virginia, it is the county seat of Henry County, although the two are separate jurisdictions. The Bureau of Economic Analysis combines the city of Martinsville with Henry County for statistical purposes.
Galax is an independent city in the southwestern part of the Commonwealth of Virginia. As of the 2020 census, the population was 6,720.
Laurel is a city in and the second county seat of Jones County, Mississippi, United States. As of the 2020 census, the city had a population of 17,161. Laurel is northeast of Ellisville, the first county seat, which contains the first county courthouse. It has the second county courthouse, as Jones County has two judicial districts. Laurel is the headquarters of the Jones County Sheriff's Department, which administers in the county. Laurel is the principal city of a micropolitan statistical area named for it. Major employers include Howard Industries, Sanderson Farms, Masonite International, Family Health Center, Howse Implement, Thermo-Kool, and South Central Regional Medical Center. Laurel is home to the Lauren Rogers Museum of Art, Mississippi's oldest art museum, established by the family of Lauren Eastman Rogers.
Georgetown is the third oldest city in the U.S. state of South Carolina and the county seat of Georgetown County, in the Lowcountry. As of the 2010 census it had a population of 9,163. Located on Winyah Bay at the confluence of the Black, Great Pee Dee, Waccamaw, and Sampit rivers, Georgetown is the second largest seaport in South Carolina, handling over 960,000 tons of materials a year, while Charleston is the largest.
Trinity is a city in Trinity County, Texas, United States. The population was 2,343 at the 2020 census.
Vienna is a town in Fairfax County, Virginia, United States. As of the 2020 U.S. census, Vienna has a population of 16,473. Significantly more people live in ZIP codes with the Vienna postal addresses, bordered approximately by Interstate 66 on the south, Interstate 495 on the east, Route 7 to the north, and Hunter Mill Road to the west, than in the town itself.
Bassett is a census-designated place (CDP) in Henry County, Virginia, United States. The population was 1,100 at the 2010 census. It is part of the Martinsville Micropolitan Statistical Area. The town was founded along a rail line by the same family that later started Bassett Furniture. Bassett Furniture's headquarters have remained in Bassett since it began in 1902.
Surry County is a county in the southeastern part of the Commonwealth of Virginia. As of the 2020 census, the population was 6,561.
Thomas Bahnson Stanley was an American politician, furniture manufacturer and Holstein cattle breeder. A Democrat and member of the Byrd Organization, Stanley served in a number of different political offices in Virginia, including as the 47th speaker of the Virginia House of Delegates and as the Commonwealth's 57th governor. He became known for his support of the Massive Resistance strategy to prevent school desegregation mandated by the United States Supreme Court's decisions in Brown v. Board of Education, and Virginia's attempt to circumvent those decisions was known as the Stanley Plan.
Bassett may refer to:
The Smith River is a river in the U.S. states of Virginia and North Carolina. It is a tributary of the Dan River, which it joins at Eden, North Carolina. According to the United States Geological Survey and regional histories, variant names are Irvin River, Irvine River, Irwin River, and Smith's River.
Company scrip is scrip issued by a company to pay its employees. It can only be exchanged in company stores owned by the employers. In the United Kingdom, such truck systems have long been formally outlawed under the Truck Acts. In the United States, payment in scrip became illegal in 1938 as part of the Fair Labor Standards Act.
Virginia furniture is furniture that originates from the U.S. state of Virginia. Furniture was first produced in Virginia during the Colonial period and continued through the Industrial Revolution. Furniture production has decreased in recent times due to imported furniture, but Virginia is still home to a few large furniture companies.
Gurnee Mills is a shopping mall and outlet mall in Gurnee, Illinois, within the Chicago metropolitan area. Like the nearby Six Flags Great America and Great Wolf Lodge, the mall's placement in Gurnee is intended to bring customers from both Chicago and Milwaukee, Wisconsin. With 1,936,699 square feet (179,925 m2) of gross leasable area and ten major anchor stores in its Z-shaped single-story building, it is the third largest mall in Illinois, and the largest of the four enclosed shopping centers in Lake County. Owned and operated by the Simon Property Group, it was an early part of the "Landmark Mills" chain of shopping malls built by the Mills Corporation. The mall features Round One, Hobby Lobby, Macy's, Kohl's, Marshalls/HomeGoods, Value City Furniture, Bass Pro Shops Outdoor World, 2nd & Charles, Dick's Sporting Goods, The RoomPlace, Marcus Theathers, Top Shelf Ice Arena, Burlington Coat Factory, and Floor & Decor as its anchor tenants. Larger non anchors include: Off Broadway Shoe Warehouse, Forever 21, H&M, and Lee Wrangler Clarence Center. The mall also features the restaurants of Rainforest Cafe and Lola's Tacos & Tequilla. There are three vacant anchor spaces last occupied by Bed Bath & Beyond/Buy Buy Baby, Sears Grand, and Saks Off Fifth.
Bassett High School is a four-year comprehensive public high school in Bassett, Virginia, United States. The school currently enrolls about 1,100 students in grades 9–12. It is one of two public high schools operated by Henry County Schools.
The Bi-State League was an American baseball minor league formed in 1934 with teams in Virginia and North Carolina. The league held together for nine seasons, being represented by ten cities from North Carolina and eight from Virginia. Only the Leaksville-Draper-Spray Triplets, a team that was a combination of those three cities from North Carolina, was able to make the entire nine-year run. This combination also captured the league title in two seasons, 1935 and 1941. The squad from Bassett, Virginia, won four league titles during the span, coming out on top three times in a row, 1936, 1937, 1938 and closing it out with the 1940 pennant before losing in the finals. The league's final season was 1942, as it was not revived after World War II.
Stanley Furniture is an American furniture manufacturer based in High Point, North Carolina, United States.
John David Bassett, Sr. was a noted American industrialist who formed the Bassett Furniture Company in 1902. During the late 1960s, the Bassett Furniture Industries, Inc., was the largest manufacturer of wooden furniture in the world, with sales of over $118 million in 1968.
The Hoover desk, also known colloquially as FDR's Oval Office desk, is a large block front desk, used by Presidents Herbert Hoover and Franklin D. Roosevelt in the Oval Office. Created in 1930 as a part of a 17-piece office suite by furniture makers from Grand Rapids, Michigan, the Art Deco desk was given to the White House by the Grand Rapids Furniture Manufacturers Association during the Hoover administration. The desk was designed by J. Stuart Clingman, and was built by the Robert W. Irwin Company from American lumber and faced with Michigan-grown maple burl wood veneer. After Roosevelt's sudden death in 1945, Harry S. Truman removed the desk from the Oval Office and gave it to Roosevelt's wife, Eleanor Roosevelt. She displayed it at, and later donated it to, the Franklin D. Roosevelt Presidential Library and Museum in Hyde Park, New York. The desk has been on display there ever since. The Hoover desk is one of only six desks to be used by a president in the Oval Office.