L.L. Bean reports flat sales in tough year for retailers

FREEPORT, Maine — Outdoors specialty retailer L.L. Bean on Friday reported flat sales in 2015, which was a tough year for the retail industry, especially clothing retailers, officials said Friday. Revenue hit $1.6 billion for the family-owned company’s fiscal year that ended Feb. 28, CEO Steve Smith told workers in a memo. The disappointing news […]