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Tuesday, November 10, 2009, 12:35PM ET - U.S. Markets close in 3 hours and 25 minutes. Dow Down 0.19% Nasdaq Down 0.54%
Bassett Furniture Industries Inc. (BSET)At 12:11PM ET: 3.58  Down 0.03 (0.83%)  
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Bassett Furniture Industries Inc.
3525 Fairystone Park Highway
Bassett, VA 24055
United States - Map
Phone: 276-629-6000
Fax: 540-629-6346
Web Site: http://www.bassettfurniture.com

DETAILS 
Index Membership:N/A
Sector:Consumer Goods
Industry:Home Furnishings & Fixtures
Full Time Employees:1,329

BUSINESS SUMMARY 
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 company’s 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

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    CORPORATE GOVERNANCE 
    Bassett Furniture Industries Inc.'s Corporate Governance Quotient (CGQ®) as of 6-Nov-09 is better than 95.3% of CGQ Universe companies and 80.1% of Consumer Durables & Apparel companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    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.
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