Bean’s sales were roughly flat last year, amounting to about $1.7 billion for the third year in a row coming out of the pandemic, with seven new stores added to the fleet. The 113-year-old, Maine-based retailer also has a new chief, with longtime L.L.Bean executive Greg Elder named president and CEO in Jan., succeeding Stephen Smith after a decade in the role. Elder came up through the company and was responsible for Bean’s omnichannel evolution as chief retail officer. Employees will receive 3.5% of annual pay as a cash bonus and ... Log in to view full article.