Stein Mart

Stein Mart Inc.
IndustryRetail (Department stores)
Founded1908 (1908)
Greenville, Mississippi, U.S.
FounderSam Stein
Defunct2020 (2020) (retail stores only)
FateChapter 11 bankruptcy protection in 2020, in response to the COVID-19 pandemic and relaunched as Stein Mart Online Inc
Headquarters1200 Riverplace Blvd.
Jacksonville, Florida, U.S.
Number of locations
283 (March 2019)
Key people
Jay Stein (Chairman)
David Hunt Hawkins (CEO)
Gregory W. Kleffner (EVP, Finance and CFO)
MaryAnne Morin (President)
ProductsBoutique, apparel, footwear, linens, and home decor
RevenueIncrease US$1.36 billion (2016)
Decrease US$3.57 million (2016)
Decrease US$401,000 (2016)
Total assetsIncrease US$527.85 million (2016)
Total equityDecrease US$70.26 million (2016)
OwnerRetail ECommerce Ventures
Number of employees
11,000 (2017)
Websitewww.steinmart.com

Stein Mart is an American discount men's and women's online retailer & former 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. Additionally, home decor, accessories, and shoes were all available at discounted prices.

In August 2020, the company announced that it had filed for Chapter 11 bankruptcy due to the COVID-19 pandemic, and that it planned to close all of its 279 stores.[1] Stein Mart continues to operate as an online retailer, which is not related to the former company.

On March 2, 2023, Retail Ecommerce Ventures, Stein Mart's current parent, announced that it was mulling a possible bankruptcy filing.[2]

  1. ^ Valinsky, Jordan (August 12, 2020). "Stein Mart files for bankruptcy and will close most of its 300 stores". CNN. Retrieved 2020-08-12.
  2. ^ "Owner of RadioShack, Pier 1 in danger of bankruptcy". New York Post. March 2, 2023. Retrieved March 2, 2023.

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