Lillian Vernon’s new role

| Richard H. Levey

(Direct Newsline) Lillian Vernon may be stepping down as CEO from the company she founded in 1951, but she will still be active in determining its direction.

L.L. Bean Lays Off 175

| Paul Miller

L.L. Bean on Jan. 23 said it had laid off 175 employees or 4% of its 4,200-person workforce in its biggest job reduction in seven years. Most of those