The Boston Globe
The Boston Globe
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L.L. Bean has reopened its flagship store in Freeport, Maine, after a nearly two-year closure and a $50 million renovation, its largest investment in the location. The company aims to expand its market presence by opening new stores and appealing to younger customers while maintaining its heritage of durable, American-made outdoor gear. Despite flat revenue in recent years, L.L. Bean plans to reach $2 billion in sales by 2030 through new products and expanded branding efforts, emphasizing its roots in outdoor traditions. The renovated flagship offers an experiential retail space with personalized products and community amenities, positioning itself as both a shopping destination and a cultural hub.
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