Sales at L.L.Bean up nearly 6%
Freeport-based retailer L.L.Bean has reported a 5.5% increase in sales in 2011, marking the second consecutive year of revenue growth.
The company's revenues were $1.52 billion for fiscal year 2011, an increase from FY 2010's revenues of $1.44 billion, according to The Associated Press. While sales did not hit an internal goal, they have approached pre-recessions levels of $1.6 billion, and employees will receive a 3% bonus. A retail analyst told ...