Stein Mart is an American discount men's and women's department store chain based in Jacksonville, Florida. Stein Mart had locations primarily in the Southeast, Texas, and California. Stein Mart stores sold recent trends in clothing for both men and women.
Does Stein Mart still exist?
After buying the intellectual property rights in bankruptcy court, Retail Ecommerce Ventures said it will relaunch Stein Mart as an online-only store early next year. Stein Mart Inc., the Jacksonville-based fashion retailer, filed for Chapter 11 bankruptcy Aug. 12 and closed down its operations, including 281 stores.
Did Stein Mart go out of business?
In August, the department store chain filed for bankruptcy after 112 years in business due to the "combined effects of a challenging retail environment coupled with the impact of the coronavirus (COVID-19) pandemic," according to CEO Hunt Hawkins.