Bassett Adds Warehouses in Seattle and Indianapolis to Better Service Customers

Bassett Adds Warehouses in Seattle and Indianapolis to Better Service

BASSETT, Va., Jan. 21, 2013 (GLOBE NEWSWIRE) -- Bassett Furniture
(Nasdaq:BSET) is expanding its regional warehouse network with the addition of
two new warehouses located in Seattle, Wash., and Indianapolis, Ind.These new
warehouse locations are strategically stocked with best-selling skus to
support the growth of the Bassett brand with independent furniture retailers
in the Pacific Northwest, Midwest and Canada.

"We are excited about the increased service levels that the addition of these
two new warehouses will provide Bassett to dealers in the Pacific Northwest,
Midwest and Canada," said Rob Spilman, president and CEO."The six regional
warehouses that we now operate represent our commitment to improving the
operational capabilities of Bassett's dealer network."

Bassett's Regional Warehouse Program is called "Fast Forward" and utilizes
world-class supply chain analytics and forecasting to proactively anticipate
regional demand for best selling skus and directs inventory from Asia to
appropriate warehouse locations around the United States.This process is in
place from product inception through shipment so that inventory is already
located where customers need it.With the addition of these two new warehouse
locations, Bassett now has six regional warehouses that serve North America
including its existing locations in Bassett, Va., Conover, N.C., Dallas, Texas
and Riverside, Calif.

In-stock are best selling skus in wood, including bedroom, dining and
occasional, as well as leather and motion upholstery.These items are
maintained at industry leading stock-in levels and are available to
independent furniture retailers with no additional convenience
surcharge."Fast Forward" items are being shown at the Las Vegas Market in the
Bassett Showroom, Space A953.

Bassett Furniture Industries, Inc. (Nasdaq:BSET), is a leading manufacturer
and marketer of high quality, mid-priced home furnishings. With 87 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. Bassett is also growing its traditional wholesale business with
more than 500 accounts on the open market, across the United States and
internationally. Bassett's strategy includes the latest on-trend furniture
styles, including affordable custom-built upholstery and dining furniture that
is ready for delivery within 30 days. For more information, visit the
Company's website at (BSET-G)

CONTACT: Renee Loper
         276.629.6693 office email
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