Bassett Furniture temporarily shuts down manufacturing facilities following cyberattack

Quick Summary:

Although customers can still place orders and purchase products, the furniture company’s ability to fulfill orders is currently impacted.

This plan is designed to grow our business and to get the most out of our revenue and our working capital to drive profitability,” CEO Rob Spilman said on a call with analysts, according to a Seeking Alpha transcript.

As part of an incident response plan, the company shut down some of its systems, including its manufacturing facilities.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Kaarin Vembar

Category: EconomyBusiness

Markets: United StatesCanadaSingapore

Topics: Incident Year Impacted Operations Bassett Orders Furniture Company’s Company Working Million

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-18 @ 10:46:00 (16 hours ago)

News Timezone: GMT +8:00

News Source URL: retaildive.com

Language: English

Article Length: 402 words

Reading Time: 3 minutes read

Sentences: 19 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Retail Dive

News ID: 21675178

View Article Analysis

About Retail Dive

Main Topics: EconomyBusiness

Official Website: retaildive.com

Update Frequency: 5 posts per day

Year Established: 2012

Headquarters: United States

News Last Updated: 15 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #56

Publisher Details

Frequently Asked Questions