Arts blog



Blog Index
March 12, 2009
Layoffs likely at L.L. Bean
Posted by Patrick Moening

"PORTLAND, Maine - L.L. Bean Inc., the Maine-based clothing and outdoor-goods retailer, anticipates layoffs this year after annual revenue dropped for only the third time since 1960, the company's CEO told employees in a memo Monday … Revenue for the company's fiscal year that ended late last month was $1.5 billion, down 7.8 percent from the previous year, and sales are expected to be down in 2009, as well, said Chris McCormick, president and CEO. Privately held Bean doesn't release earnings."

Source: MSNBC ...

layoff_450.gif

Click here to view a larger image ...

Posted by Patrick Moening at 07:39 AM

E-mail this entry to a friend

Comments
Post a comment









Remember personal info?








Blog Index
TABLE OF CONTENTS

Most Recent Comments
FairPoint Communications -- Much Too Little to Be So Big (2)
Peter Hayward wrote: Peter A piece of data data that did not make it into the essay above--ju...

Can We Be Too Careful? (20)
Sharky wrote: Dag nab system.......

Where's my bailout? (2)
wharfrat70 wrote: This hits the nail right on the head. Hate seeing my tax dollars go to bai...

Freedom vs. "Equality" (1)
willieA wrote: You failed to mention that Susan Collins and Olympia Snowe have been in the...

Forget this N word and get the banks lending again (1)
Peter Cutler wrote: Certainly the banks need to start lending again and it is obvious that inst...

Will It Work? (1)
Letter to Collins wrote: It will never work and inflation is going to be like an angry wolf at the d...

Would You Take THIS Professor’s Economic Advice? (3)
Peter Cutler wrote: What "myths" am I advocating? I certainly am in favor of "reform of Fede...

Are Maine media critics piling on the Portland Press Herald? (3)
wrote: Love you Sparky! Go boy go!...

Archives By date
July 08 (38)
June 08 (39)
May 08 (27)





RSS
Subscribe



Interested in becoming one of our community bloggers? Send us an e-mail.