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NOTE 16 - CONCENTRATIONS OF SOURCING RISK
 12 Months Ended
Feb. 03, 2013
Concentration Risk Disclosure [Text Block]
NOTE 16 – CONCENTRATIONS OF SOURCING RISK

We source imported products through over 28 different vendors, from 28 separate factories, located in four 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 2013, imported products sourced from China accounted for approximately 80% of import purchases, and the factory in China from which we directly source the most product accounted for approximately 50% of our worldwide purchases of imported product.  A 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.