A furniture store in Michigan had a sign in the window. EVERYTHING MUST GO.
I understood. There was an emergency. The building was being cleared.
I went in. Nobody was moving anything. A man was sitting in a recliner, eating a sandwich.
A samurai does not stand still during an evacuation.
I picked up a lamp and carried it to the parking lot. Then a side table. Then a recliner, which I carried on my back like a turtle.
A salesman came out. "Sir. Sir. It's a sale."
I said the sign said everything.
"It's an expression."
I said I had read it four times and it did not say expression.
He thought about that. Then he held the door.
I moved fourteen recliners. Two men from the loading dock came out and helped, because, one of them said, "He's not wrong." The man with the sandwich finished it and moved a coffee table.
The manager gave me a hat and a discount card. I bought nothing. I do not need furniture. I needed the sign to be true.
The next morning the sign said EVERYTHING MUST GO (SALE). In marker. In the corner.
I consider this a victory for both of us.
Bassett Furniture Industries, Inc. (NASDAQ: BSET) takes center stage in WTR’s 250th Small-Cap Spotlight episode as Chairman & CEO Rob Spillman joins WTR’s Tim Gerdeman & Douglas M. Lane, CFA to discuss how the nearly 125-year-old Made-in-America furniture brand is navigating today’s challenging housing and consumer environment.
🔹 Bassett’s “good, better, best” strategy and new opening price point offerings showcased at High Point Market
🔹 Expansion of the Lane Venture outdoor brand into Bassett retail locations and the reopening of the Cincinnati market
🔹 How Bassett is balancing US manufacturing, global sourcing, lean operations, and long-term growth opportunities
Listen to the full episode on all podcast platforms or on our website!
Podcast Platforms:
Website:
$BSET #Furniture# #Consumer# #Manufacturing# #Retail# #Housing# #MadeInAmerica# #NASDAQ# #SmallCaps# #Investing# #WaterTowerResearch#
Spending on furniture, home repairs, house/apartment, and vacations increased in August, while purchases of electronics, home appliances, and vehicles decreased per @NewYorkFed’s latest Household Spending Survey