Bassett Furniture Industries Inc.
3525 Fairystone Park Highway
Bassett,
VA 24055
Phone: 276-629-6000
Fax: 540-629-6346
Web Site: http://www.bassettfurniture.com
| Bassett Furniture Industries, Incorporated engages in the manufacture, marketing, and retail of branded home furnishings in the United States. It operates in three segments: Wholesale, Retail, and Investments/Real Estate. The Wholesale segment designs, manufactures, sources, sells, and distributes furniture products to a network of Bassett Furniture Direct (BFD) or Bassett Home Furnishings (BHF) stores, including independently-owned stores, company-owned retail stores, and partnership licensees; and independent furniture retailers. This segment also involves in wood and upholstery operations. The Retail segment operates 31 company-owned stores in Florida, Georgia, Maryland, Massachusetts, New Mexico, New York, North Carolina, South Carolina, and Texas. The Investments/Real Estate segment holds interest in the Bassett Industries Alternative Asset Fund, a portfolio of marketable securities, an investment in the International Home Furnishings Center, and retail real estate utilized by licensee operated BFD and BHF stores. As of November 29, 2008, the companys network consisted of approximately 115 retail stores, of which 84 were independently owned and 31 were controlled by the company. Bassett Furniture Industries was founded in 1902 and is based in Bassett, Virginia. |
|
| Key Statistics |
|
|
|
| |
Pay |
Exercised |
Mr. Robert H. Spilman Jr., 52
Chief Exec. Officer, Pres
|
$
335.00K |
$
0 |
Mr. John E. Bassett III, 50
Sr. VP of Wood
|
$
140.00K |
$
0 |
Mr. Mark S. Jordan , 55
Sr. VP of Upholstery
|
$
139.00K |
$
0 |
Mr. Jason W. Camp , 40
Sr. VP of Retail
|
$
350.00K |
$
0 |
Mr. J. Michael Daniel ,
Interim Chief Financial Officer
|
N/A
|
N/A |
|
|
|
Dollar amounts are as of
31-Dec-08
and compensation values are for the last fiscal
year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of
options exercised during the fiscal year.
|
|
|
Help
Profile
