Six students, all children of employees of American Home Furnishing Alliance companies, each each received $2,000 one-year scholarships from the AHFA Suppliers Division.

Concerns over budget cuts to High Point Furniture Market prompted N.C. Governor Pat McCrory to backtrack on his initial budget proposal released in March announcing a more than 50 percent cut to High Point in 2014.

Bassett Furniture Industries, Inc. (Nasdaq:BSET) announced today its results of operations for its fiscal quarter ended March 2, 2013.

Bassett Furniture Industries, Inc. (Nasdaq: BSET) declared a regular dividend of $.05 per share payable on May 31, 2013 to shareholders of record as of May 15.

The Department of Commerce has issued a preliminary antidumping duty of 216.01% on Chinese wooden bedroom furniture shipped to the United States between Jan. 1 and Dec. 31, 2011.

Bassett Furniture Industries, Inc. announced today its results of operations for its fiscal quarter ended Nov. 24, 2012. Fiscal 2012 Fourth quarter highlights included an increase of 21 percent for the fourth quarter 2012 compared to the fourth quarter 2011.

Bassett Furniture has entered into a licensing agreement with Office Star Products to produce a line of ready-to-assemble furniture for the home and office. The new line will debut at the Las Vegas Furniture Market, Jan. 28-Feb. 1, at the World Market Center.

Office Star Products has entered into a licensing agreement with Bassett Furniture Industries, Inc. (Nasdaq:BSET), a leading manufacturer of high quality home furnishings for more than a century.

Flexsteel Industries Inc. (NASDAQ: FLXS), a manufacturer and importer of wood and upholstered furniture, has been added to the Russell 3000 Index, a tool used by many investment managers and institutional investors for index funds.

HENRY COUNTY, VA - The former Bassett Furniture Superior Line plant, undergoing demolition, was destroyed in a fire that started early last Thursday evening.