is bassett furniture still in business

Extra! Address. Bassett Furniture Review - Must Read This Before Buying "The Decline of an American Furniture Maker", "The Little Virginia Town That Thrives on Making Furniture", https://en.wikipedia.org/w/index.php?title=Bassett_Furniture&oldid=1146930768, J. D. Bassett, Charles C. Bassett, Samuel H. Bassett, and Reed L. Stone, This page was last edited on 27 March 2023, at 20:43. Bassetts American Made custom-built BenchMade and Club collections are available with All-leather. Early in the first quarter, Bassett fulfilled the remaining excess portion of the large pandemic backlog. Bassett Furniture Announces the Opening of New Store in Garden City, NY Bassett Announces First Quarter Wholesale Orders and Backlog Room Planner Plan your room and explore different furniture arrangements. Bassett is also known for giving customers the option to customize their furniture. Katharine completed her undergraduate degree in History and Anthropology from the University of British Columbia. The investigation found that many Chinese producers were pricing their goods below normal market values, which is deemed illegal in the realm of international trade. Is there any way you can help up with this problem. Due to the level of disruption in the home furnishings industry, coupled with the uncertainty both of the pace at which the U.S. economy will recover and the level to which it will recover, Bassett also announced the following: The Company will continue to evaluate the pace of business to determine when to bring back the furloughed employees. Bassett Furniture Industries is a furniture manufacturer and retailer, headquartered in Bassett, Virginia, United States. Comfort is a personal taste just like style. If negotiations are successful, this will provide us with additional capacity to begin to reduce the above backlog to a more manageable level., About Bassett Furniture Industries, Inc.Bassett Furniture Industries, Inc. (NASDAQ:BSET), is a leading manufacturer and marketer of high quality home furnishings. The following important factors affect Bassett and could cause actual results to differ materially from those indicated in the forward looking statements: the effects of national and global economic or other conditions (including, without limitation, the effects on revenue, supply and demand resulting from the duration and extent of the COVID-19 pandemic) and future events on the retail demand for home furnishings and the ability of Bassetts customers and consumers to obtain credit; the success of marketing, logistics, retail and other initiatives; and the economic, competitive, governmental and other factors identified in Bassetts filings with the Securities and Exchange Commission. In some instances, we import most of the components of particular styles of furniture and custom assemble and finish them here in the USA when you order your furniture. The information in this article is false; Bassett only has select collections that come from overseas; 80% of their product is still made in the United States. By 1917, Company sales reached $1 million. Bassett curates its fabric and leather line based on one criteria: to create a collection of beautiful styles, colors and textures that allows you to get exactly the look and feel you want. Extra! You dont get here unless you want to be here. "If they have something that is not working, they get out of it quickly and keep the line fresh.". Select your Favorites . The Company expects to reopen 19 more stores by the week of May 18, 2020. Bassett Furniture uses solid woods such as oak in many of their products, as well as Asian hardwoods, birch, and elm. Then, in recent decades, came a familiar challenge: Bassett was undercut by imports from Asia and under pressure from shareholders to improve its profit margins. The post-war years brought rapid growth as large neighborhoods sprang up quickly around the country. Bassett Furniture allows you to pick from their extensive line of fabric textures, which are all intended to be durable and comfortable. You have to have a willingness to look and study and learn and try to be more efficient.". BASSETT, Va., May 11, 2020 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq: BSET) announced that it has continued reopening its stores, bringing the total reopened for business to 43 of its 66 corporate-owned stores, six of which are open to customers by appointment only. There is poor customer service for such high-end furniture and design. All models are powered. "They are smart producers and merchants and they offer high quality and service," he said. The Alexander Roll Arm Sofa measures 85 wide and 39 high. Expectations included in the forward-looking statements are based on preliminary information as well as certain assumptions which management believes to be reasonable at this time. Save Time and Work with One of Our Design Experts. "Its a high-value quotient.". Her book, Factory Man: How One Furniture Maker Battled Offshoring, Stayed Localand Helped Save an American Town, was the winner of the 2013 J. Anthony Lukas Work-in-Progress Award and will be published July 15th by Little, Brown and Company. I purchased a dining room set and now a whole bedroom se, Our design consultant was patient and personable. Bassetts American-made custom-built collections are higher quality and more expensive. Furniture Today is the complete information source for the furniture industry featuring retailer and manufacturing news, plus product trends and market analysis. BASSETT, Va., March 10, 2021 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq: BSET) announced today that wholesale orders for the quarter ended February 27, 2021 were $83.0 million a 44% increase over the prior year period. My son sat on the love seat and we heard something cracked. The Shoreline Chest stands up on delicate tapered legs and has a slightly distressed finish. Bassett Furniture offers a wide range of custom living room, bedroom, and dining room furniture. Extra! Like other manufacturers, Vaughan-Bassett saw a surge in sales for its domestically made wooden furniture during the first phase of the pandemic. Like the rest of this unique, popular collection, the Shoreline Dresser is available in sea salt and ocean gray. The. Seeing this trend, Bassett opened its first store in 1997. Bassett Furniture - Wikipedia Eppersons research is the source of the 31% figure cited above. Bassett is happy to help with nursery design advice to help you in choosing baby nursery furniture for your home. Your email address will not be published. Displaced workers from across the county drove old pickups and dented sedans to pay their respects, getting as close as they could to the smoke and flames. Made in Vietnam from elm and Asian hardwoods, this rich, dark brown table looks like it came straight out of another century! It has an average lifespan of 3 5 years for most people. Non-furniture items can be returned within 30 days of making your purchase, with receipts. Instead, theyve invested heavily in their plants here and in Elkin, N.C., to produce what they say are the best values possible, domestic or otherwise. Vaughan-Bassett Furniture still making it in America BASSETT, Va. - Home furniture manufacturer and retailer Bassett Furniture reported $121 million in consolidated fourth quarter sales, a 5.6% gain over last year and a 3% gain over third. I am still thrilled with my living room: everything is still in excellent condition and . We take pride in the strength and durability of our interlocking upholstery frames. That is no longer the case. Simply plug in zip, city name, or state. That makes Vaughan-Bassett quite the anomaly. Catalog Shop our latest catalog, with ideas . Soon, they were supplying stores across America with a wide range of oak furnishings made at their own Virginia factory, such as washstands, bed frames, and their signature dresser the first piece Bassett Furniture ever designed and manufactured. They also offer their BenchMade line, made-to-order furnishings that allow customers to choose from endless finishes, shapes, and details to design their own beds, dining sets, and living room pieces. He picked one out and, with a degree of ceremony, chinked off the mortar before passing it to me carefully, the way one might hand over a sleeping baby or a rising loaf of bread. J.D., as his employees knew him, was a descendant of a Revolutionary War captain to whom. Bassetts imported upholstery is mass produced, with an average lifespan that is about half of its custom-built furniture. Every displaced line worker I interviewed told me that if John had stayed at Bassett some of the towns factories especially Superiormight still be running. To conclude this Bassett Furniture review, I can recommend this companys products to families looking to invest in well-made furniture they can live their lives in. Broyhill has been designing high-quality furniture trusted by families for over 100 years. Shop our latest catalog, with ideas for your home. About the only thing Maxine and her husband have left of Bassett is a piece of furniture: a chest of drawers that Maxine helped fashion in Superiors rough end, the factory department in which lumber is measured and cut. Bassett Furniture Industries is a smaller company with a market capitalization of US$190m, so it may still be flying under the radar of many institutional investors. Some components, such as fabrics, leathers and laminated woods are globally sourced. The design was a departure from the compartmentalized rooms of typical furniture stores with little lifestyle merchandising. In this regard, we are striving to turn the unfortunate elements of todays announcement into the foundation of a leaner, more nimble, reinvented Bassett of the future., About Bassett Furniture Industries, Inc.Bassett Furniture Industries, Inc. (NASDAQ:BSET), is a leading manufacturer and marketer of high quality home furnishings. Made with pride since day one. Back then, she said, work was so plentiful that if you left your house to apply for a position in the morning you might as well take your lunch bag with youcause you were gonna get a job. Now, her children and grandchildren leave the county for work. This brand carries classic styles that never go out of fashion. In-store or online. Theyve also tailored their fabrics and finishes to compliment their woods. What You Need To Know About Bassett - Furniture Fair Our legacy of craftsmanship and style spans more than 115 years. It was founded in 1902 by John D. Bassett, Charles C. Bassett, Samuel H. Bassett, and Reed L. Stone. You can make yourself at home on this sofa for $1,699, on sale from $2,269. "I think John Bassett and his team have done a wonderful job in reinventing their business and making a domestically viable product," said Jerry Epperson, a principal in Richmond-based research firm Mann, Armistead & Epperson, who knows the company well. Bassett Announces Plan to Close and Consolidate Wood Manufacturing We are living through an unprecedented period of time in the life of our country, said Rob Spilman, Chairman and Chief Executive Officer. "It doesnt mean that everything they produce is a home run, but they are very capable of competing on a global level. These have built-in permanent stain resistance technology. googletag.enableServices(); Whether or not, they delete or edit any of the reviews, they do have the power to do so. In 1930, a house divided meeting was called and the different companies were incorporated into Bassett Furniture Industries, Inc., in 1931. . BASSETT, Va., May 11, 2020 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq: BSET) announced that it has continued reopening its stores, bringing the total reopened for business to 43 of its 66 corporate-owned stores, six of which are open to customers by appointment only. Copyright 2003-2023 Bassett Furniture Industries. The remaining four stores, which are located in Maryland and New Jersey, will not reopen until state and local authorities permit. Bassett Furniture was in the process of razing the abandoned Superior building when it, too, caught fire one blustery afternoon in March, 2012. Our legacy of craftsmanship and style spans more than 115 years. On one of my last reporting trips to Bassett, I stumbled upon a backhoe operator who was burying the detritus of Bassett Superior Lines in a ravine so a landowner (and distant Bassett relative) could use it to extend his lawn. Bassett Furniture has been in business for over 100 years, and it is still a strong and successful furniture company. It is the workplace of John Bassett III, a onetime heir to Bassett Furniture who, in 1982, was elbowed out of Bassettthe company and the townby his older brother-in-law, Bob Spilman, who had visions of his son, Rob, succeeding him as C.E.O. This table gives you the opportunity to have a practical, durable place to put your cups and snacks while still giving you the opportunity to create a beautiful display on the lower shelf. Extra! Richard Harrison, general manager of Laurel, Md.-based Johnny Janosik World of Furniture, said he has carried the Vaughan-Bassett line for at least six years and thinks its a great value. Generally, most shoppers providing feedback at ConsumerAffairs are pleased with their purchases. Shop our latest catalog, with ideas for your home. Get fresh design ideas and inspiration from our design blog. Bassetts imported Club Level reclining furniture uses Leather Match genuine top grain corrected leather on the seats, inside arms, and inside backs. My town, once celebrated for its laid-back weirdness, is now a turbocharged tech megalopolis beingshaped by exiles from places like Silicon Valley. By clicking Accept, you consent to the use of ALL the cookies. Bassett, the company was born out of the familys sawmill business and Americas growing interest in home furniture. Website Development by Beacon Technologies. Bassett Furniture is one of the oldest furniture manufacturers within the United States. My Bassett Furniture review will cover this companys dresser best-sellers: The Shoreline Dresser and the Shoreline Chest. Phone Number (877) 525-7070. Up ahead in this Bassett Furniture review I will now take a closer look at Bassett Furnitures best-selling living room furnishings! All Rights Reserved. Bassett Furniture has a dedicated Sale section on their website. Learn About Bassett Furniture's History | Bassett Furniture BASSETT FURNITURE - 16 Reviews - 1551 Carl D Silver Pkwy, Fredericksburg, Virginia - Furniture Stores - Phone Number - Yelp Bassett Furniture 16 reviews Claimed $$$ Furniture Stores, Rugs, Mattresses Closed 12:00 PM - 5:00 PM See hours See all 6 photos Shopping Home & Garden Furniture Stores Bassett Furniture Write a review Add photo Home Company Info About Bassett Furniture Bassett employees, circa 1906. Made from Asian hardwoods with birch wood veneers, The Shoreline Queen Panel Bed is statement-making and cozy at the same time. Bassett's American-made custom-built collections are higher quality and more expensive. With 100 company- and licensee-owned stores at the time of this release, Bassett has leveraged its strong brand name in furniture into a network of corporate and licensed stores that focus on providing consumers with a friendly environment for buying furniture and accessories. Shop our latest catalog, with ideas for your home. Any forward-looking statement that Bassett makes speaks only as of the date of such statement, and Bassett undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. A 25% permanent reduction in workforce, representing approximately 600 employees, throughout the retail, wholesale and logistics operations; That 42% of the remaining workforce will remain on furlough through at least. Designed to Love. Bassett Furniture is one of the oldest furniture manufacturers in Virginia. In the center is brother and co-founder, C.C. You can enter your zip code into Bassetts Delivery Pricing finder to find out the precise amount. The Lewiston Wood Top Round Cocktail Table is 20 high and 36 wide, and weighs a sturdy 54 lbs. Stores have the ability to edit or delete reviews they dont like. Shop our curated design plans. Bassett Furniture has long been an industry leader in American furniture. It weighs 70 lbs. They got us a new sofa, they were geat. He quickly learned that the best markets for Appalachian oak was up north and he made inroads into those markets, providing top quality lumber for furniture makers. During my initial visit, in 2011 (I returned many times in the following years), I was greeted by a crooked closed sign in a caf window and an African-American graveyard whose headstones were cloaked in kudzu. var postSlot0, postSlot1, postSlot2, postSlot3, postSlot4, postSlot5, postSlot6, postSlot7; If your local store went out of business, but not the entire company, other Bond Furniture stores should honor your warranty. In 1892, the rail line was completed and the family began looking for markets for its lumber. Know someone who might be interested in this post? The landscape of Bassett, meanwhile, is deserted. If that is the case, your warranty should still be in effect. Though some would have preferred speedier replies and more flexible return and warranty policies, shoppers generally reported fantastic customer service and especially loved the customization process. Save Time and Work with One of Our Design Experts. But with the convenience of technology, we remain committed to providing the best customer service experience in furniture retailing because there is no substitute for a friendly, knowledgeable design consultant to make sure you get exactly the furniture you want. The top drawers are designed to hold small items and have round black knobs, while the larger bottom drawers have the traditional ring handles. John David J.D. Bassett was making a good living traveling the countryside selling goods for general stores when he began carrying lumber samples from the mill. This article is almost libel and slander considering all the false information. Others were frustrated with products that they thought should have lasted longer, seeing things like some fabric pilling after a period of use. Beth Macy is a journalist based in Roanoke, Virginia. Bassett is in the middle, left of center, with the moustache and bowler hat. She shares in her Bassett Furniture review: Each sales associate that assisted me was helpful, accommodated my special requests, offered design advice to suit my style, color preferences and budget., Another customer complimented this brand in their Bassett Furniture review, writing that they sell, Outstanding American made furniture, fit and finish are their hallmark., Some appreciate the ability to customize their products so specifically, like the person whose Bassett Furniture review says, We were looking for a specific size, height of arms, and fabric. Early dressers sold for $4.75, washstands for $2.75 and beds for $1.50! With 97 company- and licensee-owned stores at the time of this release, Bassett has leveraged its strong brand name in furniture into a network of corporate and licensed stores that focus on providing consumers with a friendly environment for buying furniture and accessories. Still, he said he has a tremendous respect for John Bassett and his sons and has remained a customer over the years. We build upholstery to let you design a comfort and style thats uniquely yours. In addition, the Company announced that the wholesale shipping backlog was $67.5 million a 362% increase over the backlog reported at February 29, 2020 and a 23% increase over the backlog at November 28, 2020. Get fresh design ideas and inspiration from our design blog. In that area, some nineteen thousand workers in the region were displaced between 1990 and 2013. If the item has shipped from the distribution center, a 15% restocking fee will be deducted from your return. What Quality Is Bassett Furniture? - Insider's Guide to Furniture BASSETT, Va. - Bassett Furniture reported $107.7 million in consolidated first quarter sales, an 8.7% decline from the same time last year. Shop our wide selection of bedroom, dining room, living room, and outdoor furniture, plus fun furniture accessories like lamps and rugs. When possible, spend the extra money to get the highest quality cushions available. Visit website for contact form Bassett, VA 24055. Reviews written after living with the furniture for several months (or years) are far more likely to be negative. "This is the future of American manufacturing," Bassett said as he watched the boards move along a conveyor belt. Made with pride since day one. 430 Followers. Today, that facility is close to 1 million square feet, including a 200,000-square-foot warehouse. This company also has some reviews on SlumberSearch.com, where customers express their thanks to Bassett Furniture sales staff. This category only includes cookies that ensures basic functionalities and security features of the website. PissedConsumer.com (This site has mostly negative reviews for every company it lists. Comparisons of results for current and any prior periods are not intended to express any future trends or indication of future performance, unless expressed as such, and should only be viewed as historical data., J. Michael DanielSenior Vice President andChief Financial Officer(276) 629-6614 Investorsmdaniel@bassettfurniture.com, Peter D. MorrisonVice President of Communications(276) 629-6450 Media, Source: Bassett Furniture Industries, Incorporated, If you don't have Adobe Reader get it here: They also prioritize sourcing their wood locally when possible, and participate in initiatives that lessen their environmental impact, like tree-planting, and have extensive recycling practices in their factories. Bassetts own review site has a 4.6 average from over 20,000 customer reviews. In Bassetts home county, the company now employs only two hundred and fifty people or so. Such investments have helped the company create a highly efficient operation that can cut some 3,000 headboards and 2,400 dressers in about a week. for free, because I was purchasing furniture from Bassett. To revisit this article, select My Account, thenView saved stories, To revisit this article, visit My Profile, then View saved stories. She found many favorite pieces and especially loved their customizability. The success hasnt been without controversy. "If we dont invest in this country, we wont make anything. It wasnt just nostalgia that brought them. Followers. The brand does not have verified reviews on their official website, so I started our closer look at what real customers are saying about their products by checking out the many Bassett Furniture reviews on Consumeraffairs.com. Its available in the following finishes, which range in tone from white to deep brown: Originally priced at $2,609, you can now buy the Abingdon Oak Panel Headboard in a Queen size for $1,949 or for a King sized bed for $2,049 (on sale from $2,739). And it's always free. Our legacy of craftsmanship and style spans more than 115 years. Bassett Furniture makes the buying process easy, but also understands that half the battle of furnishing your home is getting your new products safely inside and assembled. Built & Tailored in the USA The majority of our upholstery is hand assembled and sewn with pride in North Carolina. No matter your style, you can find something that works for you thats going to last for years to come.. Bassett Furniture is made for people who love the traditional aesthetic of real wood furnishings and want to invest in lasting, high-quality wooden furniture, with extensive options to put together custom pieces. Website Development by Beacon Technologies. Soft sales were a factor in Vaughan-Bassetts decision to mothball its Elkin plant in early 2009. Shop our latest catalog, with 56-pages of ideas for your home. Any forward-looking statement that Bassett makes speaks only as of the date of such statement, and Bassett undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. They'll be there for you when browsing our upholstery. Like many of Bassett Furnitures products, this lamp catches your eye with its carved wooden features. googletag.cmd.push(function() { Today, Bassett remains committed to the early principles of the company that great quality, stylish furniture does not need to be expensive and should be available to everyone. Take a look at the Lewiston Wood Top Round Cocktail Table by Bassett Furniture. googletag.pubads().enableSingleRequest(); Families concerned about cheaply made furniture will also be happy to know that Bassett Furnitures products meet all of Californias safety standards, which are the strictest in the US.
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