November 3, 2015
Outdoor retailer L.L.Bean announced today they have named Stephen Smith as President and CEO. Mr. Smith will replace Chris McCormick, who has served as President and CEO since 2001 and is retiring at the end of the fiscal year, in February 2016. He will be the fourth President in L.L.Bean history, and the first outsider to lead the company. He comes to L.L.Bean with an extensive background in the retail industry, experience that spans customer relationship management, strategy, brand development, marketing, and merchandising across all channels.
April 19, 2016
New multisport adventure trips feature cycling, hiking, kayaking, schooner rides, ferry trips, wildlife viewing, fantastic food and more, set amongst some of Maine’s most iconic and scenic locations.
March 30, 2016
Employees’ willingness to recommend L.L.Bean as an exceptionally good place to work helped the company achieve a #1 ranking with an overall score of 9.50 out of 10 on an employee survey.
March 18, 2016
For the fiscal year ending February 28, 2016, L.L.Bean reported annual net sales of $1.6 billion. The company also announced that its Board of Directors approved a performance bonus of 3% of annual pay to 5,900 eligible employees.
February 24, 2016
L.L.Bean is set to expand its retail operation with the opening of its first Michigan store, scheduled to open the summer of 2016. The new L.L.Bean store will be located at The Mall at Partridge Creek in Clinton Township, Michigan.
February 4, 2016
L.L.Bean and Barclaycard US today announced Karen Zagula from Hampton, NH, as the winner of the L.L.Bean Visa Card Get Outdoors $100,000 Giveaway. The purchase that won Ms. Zagula the $100,000 cash prize was a $16 purchase at a bookstore.
January 14, 2016
L.L.Bean is set to expand its retail operation with the opening of its first Rhode Island store, scheduled to open the summer of 2016. The new L.L.Bean store will be located at Garden City Center in Cranston, Rhode Island.