Wednesday Morning Movers: AMZN, CREE, SCSS >>> READ MORE

L.L. Bean: Don’t Boycott Us Over Trump Donation

Grab Your Wallet is advising users to boycott L.L. Bean


L.L. Bean is asking its customers not to boycott it over one of its members supporting President-elect Donald Trump’s campaign.

 L.L. Bean, Trump, Linda BeanL.L. Bean sent out its plea via Facebook Inc (NASDAQ:FB) to avoid a boycott after learning of just such a call from the website Grab Your Wallet. This website contains a list of companies that it urges visitors to boycott due to claims that they supported the upcoming President of the United States in some way.

Grab Your Wallet’s beef with L.L. Bean is that Linda Bean helped to raise funds for Trump. However, the apparel company argues that she gave this support personally and not as a representative of the company. It also points out that she is only one of more than 50 family members that help operate the business.

“L.L.Bean does not endorse political candidates, take positions on political matters, or make political contributions. Simply put, we stay out of politics,” Shawn Gorman, Executive Chairman of L.L. Bean, said in the Facebook post. “To be included in this boycott campaign is simply misguided, and we respectfully request that Grab Your Wallet reverse its position.”

The Grab Your Wallet website puts L.L. Bean on its “Additional Entities To Consider Boycotting” list. The website has another list simply titled “Retailers to Boycott.” Companies on this list include, Inc. (NASDAQ:AMZN), Sears Holdings Corp (NASDAQ:SHLD) Kmart and others. These retailers are on the list for selling Trump family products or doing business with the Trump family.

You can follow this link to see the full list of boycott targets from Grab Your Wallet.

The opinions contained in this column are solely those of the writer.
Want to share your own views on money and politics? Drop us a line at and we might reprint your views in our InvestorPolitics blog! Please include your name, city and state of residence. All letters submitted to this address will be considered for publication.

Article printed from InvestorPlace Media,

©2017 InvestorPlace Media, LLC