Ll Bean

L.l. Bean Expands In Lewiston; 3 Retail Giants Closing Stores

... ever to be included in the index. Unum Corp., now known as Unum Group, was added to the S&P 500 in 1994, about five years before it merged with Provident Cos. in 1999 and relocated its headquarters from Portland to Chattanooga, Tennessee. Idexx Chairman and CEO Jonathan Ayers said Wednesday that he was honored to have the company added to the S&P 500 Index. The company employs 7,000 worldwide, of which 2,300 are in Westbrook. Read the story. GENERAL BUSINESS. Casco Bay Vending buys competitors. Lewiston-based Casco Bay Vending has acquired two Maine-based competitors, Pine State Vending and Canteen of Maine, for an undisclosed sum, the company said Tuesday. Pine State Vending is a division of Gardiner-based Pine State Trading Co. Canteen of Maine is a franchise of Canteen Corp. of Charlotte, North Carolina, with ...

Is It Fair To Boycott L.l. Bean Over Trump Donation

... L. Bean heiress and board member Linda Bean gave some $55,000 in excess of donation limits to a political action committee supporting Mr. Trump for president, an online campaign seeking to boycott businesses with Trump-family ties added the company to its group of blacklisted retailers. The Maine-based outdoor goods purveyor says the company-wide denunciation is unfair, and that L. L. Bean seeks to keep itself out of the political fray. The company, which says it has 5,000 employees and donates tens of millions of dollars to nonprofits benefitting the environment as well as state and local causes nationwide, has emphasized that the boycott would affect more than just Ms. Bean. Recommended: Which company used the slogan 'Where's the beef?' Take our 'business slogan' quiz. “We are deeply troubled by ...

L.l. Bean To Open At Shops At Stonefield

... price that the shopping center sold for has also been announced. O’Connor Capital Partners paid $121.1 million to buy Stonefield from Edens. O’Connor Capital Partners Press Release. O’Connor Capital Partners, a New York-based real estate investment, management, and development firm, announced that they have acquired The Shops at Stonefield, a 265,000 square-foot lifestyle shopping center located in Charlottesville, Virginia. The newly-completed, best-in-class center was acquired for $121.1 million from EDENS, one of the nation's leading retail real estate owners and developers. The announcement was made by William Q. O’Connor, CEO of O’Connor Capital Partners. The lifestyle center is 89.9% leased to a selection of the region’s top retailers including  Trader Joes,  lululemon athletica, vineyard vines, Pottery Barn, Williams-Sonoma, Brooks Brothers, Orvis, bluemercury, and Regal Cinema, a 14-screen movie theater with one IMAX screen. The property is strategically located two ...

Trump Wades In On Flap Over L.l. Bean Boycott Threats

... online last week after reports that a member of the Bean family that owns the company, best known for its rubber-bottomed hunting boots, had donated money to Trump’s candidacy. “Thank you to Linda Bean of L. L. Bean for your great support and courage,” Trump said in a tweet early Thursday. “People will support you even more now. Buy L. L. Bean.”. The “Grab Your Wallet” website added the Freeport, Maine-based company to a lengthy list of retailers it urges Trump opponents to boycott because of their ties to the former reality television star, who will be sworn in on Jan. 20. L. L. Bean scrambled to distance itself from Linda Bean’s donations, noting that she was just one of more than 50 members of the founding family associated with the 105-year-old company, which described itself as politically neutral. “Our owners, employees, and customers hold views and embrace causes that are individual and diverse,” it said in a statement late Sunday. “We fully acknowledge and ...

Trump Says Buy Ll Bean But Many Products Are Made In China

... also say a $15,000 contribution to the PAC came from Diana Bean, believed to be Linda Bean's sister. The rest came from four previously undisclosed contributors, including the PAC's chairman, David Jones. A #Grab Your Wallet co-founder, Shannan Coulter, launched the boycott effort after learning of Linda Bean's contributions. "The reality is that there are serious repercussions for a company's brand and bottom line when consumers learn it does business with the Trump family or helped to fund Donald's rise to political power," Coulter said. L. L. Bean Chairman Shawn Gorman has distanced the company from Linda Bean and said her political activity doesn't speak for the nine other board members and 50 family owners. Linda Bean said her "cousin gave to (Democrat Barack) Obama four years ago" and said he donated much ...

Governor Slams Group Seeking L.l. Bean Boycot

... Linda Bean is now reporting donations it never disclosed to the federal government last year. The amended filings by Making Maine Great Again say Bean donated $30,000, not $60,000 as the political action committee originally reported. The PAC now says Diana Bean, who is believed to be Linda Bean's sister, contributed $15,000, with the rest coming from four previously undisclosed donors. The Federal Election Commission says Bean made excessive contributions to the PAC, which was limited to individual contributions of $5,000 in a single year. The group is taking steps to change its registration to a super PAC, allowing it to raise unlimited funds. An anti-Trump group is calling for a boycott of L. L. Bean, but the retailer says Linda Bean's political activity doesn't reflect the company. 7 things to know now: Investigation into Comey, DOJ; Sunny Obama bites girl; Tommy Allsup dies. Published: Friday, January 13, 2017 @ 7:17 AM. Updated: Friday, January ...

Tito’s Income Inequality Focus, Trump’s Love Of L.l Bean, And More

... idea in his upcoming budget proposal, Baker increases the likelihood that this issue will be resolved by the start of the new fiscal year in July. From throwing to pitching: Tom Brady took advantage of his mandatory time off last year to work on ads for Foot Locker and Shields Health Care. Silicon Valley Business Journal reporter Jennifer Elias reports that No. 12 has added another sponsor to his playbook: chip maker Intel. The Intel ad shows Brady getting ready in the morning. The real goal, though, is to show off Intel’s 360 replay technology, presumably for watching football players do more exciting things than brushing their teeth or flipping pancakes. Meanwhile, intrepid Globe reporter Dugan Arnett tries out Under Armour’s Athlete Recovery Sleepwear that Brady endorses, to see if the Brady magic wears off on him. Unsurprisingly, Brady’s agent declined to put Brady on the phone when Arnett rang him up about the ...

L.l. Bean Really Wants You To Know It Doesn't Support Trump

... "Unfortunately, some have attempted to attribute the personal political activities of one member of a five-generation ownership family to our entire company. That is both illogical and unfair.". The founder of #Grab Your Wallet, Shannon Coulter, apparently wasn't satisfied with the response and took aim at Gorman in a series of tweets. . is worth the inevitable damage to your brand & bottom line such activities will have. In the meantime, I'll shop elsewhere. - Shannon Coulter (@shannoncoulter) January 9, 2017. Fair play if you want to boycott a company that has differing political opinions, especially if it works towards political ends as a corporate entity. But boycotting every company that has one or two people in it with whom you disagree? That's a tall order. At that point, you might be better off making your own clothes and shoes at home. Just make sure ...

Trump Says Buy Ll Bean _ But Many Products Are Made In China

... with Linda Bean. Republican Gov. Paul Le Page said the group is trying to destroy Linda Bean's reputation and damage the retailer's "iconic brand.". Trump vowed during his campaign to bring back millions of American jobs lost to China and other foreign competitors. But L. L. Bean uses factories around the world to produce many of its goods, especially clothing, as do other American companies. The company estimates about 75 percent of its products are imported. But it's also proud of the fact it still makes its signature boots and many other products in the United States. It produced 600,000 boots this year at factories in Maine, a spokeswoman said. Retail analyst Walter Loeb said retailers including L. L. Bean have no choice but to look overseas for production because consumers demand low prices and retailers want to be competitive. The Federal ...