Last year, L.L. Bean hired 100 additional workers to ramp up production of their iconic, unglamorous USA-made duck boots. Nonetheless, the popular footwear was quickly put on backorder. Now, the long-time retailer is once again putting some styles on backorder, despite increasing production, hiring additional employees, and making plans for a larger facility. [More]
Credit unions might be attractive alternatives to big commercial banks, but they’re not crisis-proof. OregonLive says about a fifth of the nation’s credit unions are having financial troubles right now. To get in better financial health, they’re introducing fees for services that have long been free, and even asking members to move their deposits to other institutions.