Rate Hikes: Once Might Be Enough This Time
At L.L. Bean Inc., apparel sales are exceeding expectations. "Spring has gotten off to a wonderful start," says a spokeswoman for the Freeport (Me.) catalog retailer. In San Francisco, AirTouch Communications says demand for cellular-phone service is ahead of last year, when the carrier enjoyed a 45% surge in new customers. Continental Airlines Inc. filled 67% of its seats in February, giving the carrier its best February ever. "Traffic has never been better," says Chief Operating Officer Gregory D. Brenneman.
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