Is Bassett furniture company still in business?

(NASDAQ:BSET) announced today plans to cease operations at its wood manufacturing facility in Bassett, Va. During the last few years, like most of the U.S. furniture industry, Bassett has continued to experience a shift in demand from domestically produced wood products to imported wood products.

Who makes Bassett?

Bassett Furniture Industries 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 Furniture.

Who is the CEO of Bassett furniture?

Robert Spilman Jr. (Mar 2000–)
Bassett Furniture/CEO

Is Bassett furniture in financial trouble?

GuruFocus rated Bassett’s financial strength 4 out of 10. In addition to weak debt ratios, the Altman Z-Score of 2.35 indicates the company is under some financial pressure since revenue per share had been declining over the past five years.

Where is Ethan Allen furniture made?

Most furniture Ethan Allen sells in China is made in its seven plants in the U.S. and Mexico.

Is furniture made in China?

Many of the leading furniture designers have their furniture produced in China, although usually, they avoid talking about it. The population of China is also playing a vital role in making this country the biggest exporter of many products, including furniture.

How long has Bassett Furniture been in business?

1902
The company, founded in 1902, makes wooden and upholstered furniture for home use, featuring bedroom and dining suites furniture. Bassett sells through 70 company-owned stores and about 35 licensee-owned stores.

Has Ethan Allen gone out of business?

It has been over five weeks since Ethan Allen temporarily closed its Company-owned retail design centers and some of its manufacturing operations. Our interior design associates we retained continue to create design solutions that satisfy customer needs while sheltering in their homes.

Where to buy Bassett Furniture?

Bassett Mirror products can be found for purchase online through such retailers as Wayfair, and can even be found on Amazon as well. Bassett Mirror offers furniture, mirrors, accent table lamps, and many other niche-home decor items.

Where are American furniture stores located?

United States. American Furniture Warehouse (AFW) is a privately held furniture retailer headquartered in Englewood, Colorado. It was founded in 1975 by entrepreneur Jake Jabs in a former American Furniture Company store location at 58th Avenue and Bannock in Denver, Colorado.

What is bass furniture?

Bass Furniture is a great family owned business. The service is always courteous, professional and honest. Even though we don t live in the neighborhood anymore we still buy our furniture from Bass.