L.L. Bean reports strong demand for sleds and snowshoes
September 2, 2020
The first snowfall of the winter has yet to happen but that isn’t stopping consumers from buying items such as sleds and snowshoes, according to L.L. Bean CEO Stephen Smith. “I think people are connected to the outdoors in ways they have never been,” he told CNBC.
Recent News
TikTok Suspends TikTok Lite Rewards Program in the EU
A TikTok service offering rewards such as gift vouchers for watching videos has been suspended by the social media site.
FCC Votes To Restore Net Neutrality Rules
The Federal Communications Commission (FCC) voted 3-2 on Thursday to reinstate net neutrality rules that were rolled back during the Trump administration.
Blackstone To Buy Tropical Smoothie Cafe
Alternative asset manager Blackstone is set to buy the restaurant chain Tropical Smoothie Cafe.
Ford’s Total EV Sales Post $1.3 Billion Loss in Q1
Ford’s EV division, known as Model e, faced a tough start to 2024.