L.L. Bean Broadens Wholesale Business, Plans Four Store Openings

Started in 1912 as a mail-order catalogue by Leon Leonwood Bean, the company has evolved into an e-commerce and brick-and-mortar business. The founder’s great grandson Shawn Gorman serves as executive chairman.sporting goods

and other attire via its e-commerce. They can also visit more than 90 freestanding stores. In addition, the company recently updated its fulfillment capacity so that customers have access to all available inventory, in order to allow them to purchase, pick up and ship to or from any L.L. Bean point of purchase.

In the next two months, L.L. Bean will unveil two stores in Canada’s Montreal region and two in the U.S. The first one — an 18,000-square-foot space — will debut in Saint-Bruno-de-Montarville, Quebec on Aug. 25. Shortly after Labor Day, the company will start welcoming shoppers to a Hanover, Massachusetts, location on Sept. 8. That will be followed by the unveiling of a 11,500-square-foot outpost in Boisbriand, Quebec on Sept. 29. The fourth store is slated for Oct. 6 in Peabody, Massachusetts.

Plans for any store openings in 2024 have not yet been revealed, according to a company spokesman. L.L.Bean currently has 56 stores in the U.S and 25 stores in Japan, as well as 13 licensedIn March, the 110-year-old company reported decline compared to fiscal year 2021. There had been record-breaking sales for the company in 2021, which rose 14 percent. But the company held onto recent gains to yield its second-strongest revenue performance in its history.

España Últimas Noticias, España Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Tupperware may not go out of business after all | CNN BusinessTupperware was left for dead; a relic of a lost time when leftovers storage had but one dominant market player. So why is its stock up 47% today?
Fuente: cnni - 🏆 326. / 59 Leer más »

Taylor Swift gives 'life-changing' $100,000 bonuses to Eras Tour truck drivers | CNN BusinessTaylor Swift thanked a slew of crew members who have done serious heavy lifting on the road with her — among them, the tour’s truck drivers — with a hefty bonus. Read more:
Fuente: cnni - 🏆 326. / 59 Leer más »

Gun allegedly used to kill pregnant Seattle business owner stolen from Lakewood homeNew details are emerging in the deadly shooting of Eina Kwon, the pregnant business owner in Seattle who was shot while sitting in her car in Belltown.
Fuente: komonews - 🏆 272. / 63 Leer más »