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Trouble in Bean land.
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- Author(s): Berman, Phyllis; Feldman, Amy
- Source:
Forbes. 7/6/1992, Vol. 150 Issue 1, p42-44. 3p. 5 Color Photographs, 1 Black and White Photograph.
- Subject Terms:
- Additional Information
- Subject Terms:
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- Abstract:
Details how in the past two years L.L. Bean laid off around 200 of its 3,500 hourly workers, and a distribution center slated to open this year in Hampden, Me. has been abandoned. Trouble began with recession in retailing; Stagnating sales; Fierce competition from other companies; Former success of the company.
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