L.L. Bean joins other retailers in changing firearm policies

By RetailFOXBusiness

L.L.Bean joins other stores tightening firearm sale polices

Fox Business Outlook: Retailer says it will no longer sell guns or ammunition to anyone under the age of 21.

L.L. Bean has joined other retailers -- Walmart and Dick's Sporting Goods -- in changing firearm policies in the wake of the Florida school massacre. L.L. Bean said it will no longer sell guns or ammunition to anyone under the age of 21. The retailer only sells firearms at its flagship store in Maine and only guns specific to hunting and target shooting.

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J.C. Penney said that it has eliminated about 360 jobs at its headquarters and at stores throughout the country. The company said the job cuts were part of its efforts to get control of costs and streamline the company's operations. This comes as J.C. Penney reported an upbeat holiday sales season.

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