Sanofi to Acquire Dynavax in $2.2 Billion Deal to Strengthen Vaccine Portfolio 
FDA Approves Mitapivat for Anemia in Thalassemia Patients 
China’s Iron Ore Buyer Pressures Mining Giants as New Supply Shifts Market Power 
China’s LandSpace Takes Aim at SpaceX With Reusable Rocket Ambitions 
DOJ Reaches Settlement With Blackstone’s LivCor Over Alleged Rent Price-Fixing 
Brazilian Oil Workers’ Strike Continues as Key Petrobras Union Rejects Proposal 
Nike Stock Jumps After Apple CEO Tim Cook Buys $2.9M Worth of Shares 
BlackRock-Backed Global Ports Deal Faces Uncertainty Amid Cosco Demands 
Nvidia and Groq Strike Strategic AI Inference Licensing Deal 
Winter Storm Disrupts Northeast Travel as Snow and Ice Blanket New York, New Jersey 
California DMV Proposes New Safety Rules for Autonomous Vehicles After Waymo Incidents 
Hanwha Signals Readiness to Build Nuclear-Powered Submarines at Philly Shipyard for U.S. Navy 
TSMC Honors Japanese Chip Equipment Makers With 2025 Supplier Awards 
Warner Bros. Discovery Shares Slide Amid Report of Potential Paramount Skydance Lawsuit 
Star Entertainment Leadership Shake-Up Deepens as CFO and COO Exit Amid Ongoing Restructuring 
Leapmotor Targets 4 Million Annual EV Sales as Global Expansion Accelerates 
BASSETT, Va., Oct. 02, 2017 -- Bassett Furniture Industries, Inc. (NASDAQ:BSET), a leading manufacturer and marketer of high quality home furnishings, today announced the opening of a new licensed Bassett Home Furnishings store in Overland Park, Kansas -- the second most populous city in the Kansas City metropolitan area. New licensee Greg Crowley is a Kansas City business owner with decades of experience in the furniture industry. Bassett currently has 91 corporate and licensed store locations across the United States.
"We’re proud to be associated with one of the finest home furnishings retailers in the United States, a company synonymous with stylish furniture and accessories," said Mr. Crowley. “Bassett Furniture offers a unique level of quality and stylish products to our customers, as well as a wide array of custom furniture options unmatched in the home furnishings industry.”
“We are very excited to expand into Kansas City and to establish a new community for Bassett furniture," said Bruce Cohenour, senior vice president of sales and merchandising. “As we expand throughout the United States over the next several years, we hope to attract new customers, as well as longtime fans of the Bassett brand, and show them the premium home furnishings and quality service we have to offer."
About Bassett Furniture
Bassett Furniture Industries, Inc. (NASDAQ:BSET), is a leading manufacturer and marketer of high quality home furnishings. With 91 company- and licensee-owned stores, 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. The most significant growth opportunity for Bassett continues to be the Company’s dedicated retail store program. Bassett’s retail strategy includes custom-built furniture that can be delivered quickly. The stores also feature the latest on-trend furniture styles, free in-home design visits, and coordinated decorating accessories. Bassett also has a traditional wholesale business with more than 700 accounts on the open market, across the United States and internationally. For more information, visit the Company’s website at bassettfurniture.com. (BSET-G)
Media Contact:
Jay S. Moore
Director of Communications
276-629-6450
Investor Relations:
J. Michael Daniel
Senior Vice President & Chief Financial Officer
276-629-6614
