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NOTE 17 - CONCENTRATIONS OF SOURCING RISK
12 Months Ended
Jan. 29, 2012
Concentration Risk Disclosure [Text Block]
NOTE 17 – CONCENTRATIONS OF SOURCING RISK

We source imported products through over 31 different vendors, from 31 separate factories, located in five Asian countries.  Because of the large number and diverse nature of the foreign factories from which we can source our imported products, we have some flexibility in the placement of products in any particular factory or country.

Factories located in China are an important resource for Hooker Furniture.  In fiscal year 2012, imported products sourced from China accounted for approximately 90% of import purchases, and the factory in China from which we directly source the most product accounted for approximately 51% of our worldwide purchases of imported product.  A sudden disruption in our supply chain from this factory, or from China in general, could significantly impact our ability to fill customer orders for products manufactured at that factory or in that country.