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Note 1 - Description of Business
12 Months Ended
Nov. 26, 2011
Nature of Operations [Text Block]
1. Description of Business

Bassett Furniture Industries, Incorporated (together with its consolidated subsidiaries, “Bassett”, “we”, “our”, the “Company”) based in Bassett, Va., is a leading manufacturer, marketer and retailer of branded home furnishings. Bassett’s full range of furniture products and accessories, designed to provide quality, style and value, are sold through an exclusive nation-wide network of 88 retail stores known as Bassett Home Furnishings (referred to as “BHF”) as well as other multi-line furniture stores. Of the 88 stores, the Company owns and operates 49 stores (“Company-owned retail stores”) with 39 independently owned (“licensee operated”).

The Company sourced approximately 52% of its wholesale products to be distributed through the store network from various countries, with the remaining volume produced at its two domestic manufacturing facilities.