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36:
407:
In
January 2018, Stein Mart announced that it would explore strategic alternatives for the company. In February 2020, Stein Mart entered into a deal to make the company private; its common stock would no longer be listed on any public stock market. The transaction is subject to approval by Stein Mart
396:
In 2003, Stein Mart introduced the "Real
Shopper" campaign with support from Orlando-based advertising agency, Fry Hammond Barr. This multimedia advertising campaign features real Stein Mart shoppers chosen via casting calls held throughout the country. Each season six to eight female shoppers are
403:
In
October 2017, in response to the downward trend of the company's stock price, the company announced plans to improve its financials by cutting 10% of their corporate staff, trimming inventory by 15%, slashing $ 22 million (~$ 26.9 million in 2023) from the prior year's capital expenses, and
420:
protection due to the company being largely affected by the COVID-19 pandemic, and announced that it would permanently shutter all 279 of its remaining stores by the end of
October 2020. During the bankruptcy process, it also announced that all of its assets were for sale, and it was looking for a
392:
Under Jay Stein's leadership, Stein Mart grew from three stores in 1977 to 40 stores in 1990, and then to 123 stores by the end of 1996. In determining the prime locations for new Stein Mart stores, management targeted cities with populations of 125,000 or more and relied on demographic research
424:
During the fall of 2020, an agreement had been reached with the private equity firm Retail
Ecommerce Ventures to acquire the Stein Mart operations. In March 2023, Retail Ecommerce Ventures announced that it would be exploring options in effort to save themselves, including a potential
384:
The chain targeted customers who shopped department stores on a regular basis, inducing them to purchase goods by offering discounts of 25 to 60 percent off department store prices. By the late 1970s, Stein Mart had become a leading retailer of clothing for families in the
27:
440:
Stein Mart expanded their home department in 2010, adding houseware and décor for the house. The "Boutique" portion of the store offered women special occasion clothing. The "Attitudes" section of the store carried clothing for women.
380:
three years before. The department store carried general merchandise until his son, Jake Stein, took over the company upon his father Sam's death in 1932. The store then redirected its focus toward discounted clothing.
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346:, and that it planned to close all of its 279 stores. Stein Mart continues to operate as an online retailer, which is not related to the former company.
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filing, which would mark Stein Mart's second bankruptcy in 3 years. They have also hired restructuring lawyers in effort to stave off bankruptcy.
648:
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On March 2, 2023, Retail
Ecommerce Ventures, Stein Mart's current parent, announced that it was mulling a possible bankruptcy filing.
209:
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regarding income, education, and occupation to help predict whether a community might support a discounter of designer merchandise.
502:
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400:
In 2013, the company reported a profit of $ 25.6 million (~$ 33 million in 2023) with operation of 260 stores in 29 states.
1329:
528:
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Stein Mart sold clothes for women and men as well as home décor, accessories, and shoes. Each store had about 30 employees.
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In
October 2010, due to popular demand by Stein Mart shoppers, the retailer began offering limited online shopping with
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Stein Mart was founded in 1908 by Sam Stein, a
Russian Jewish immigrant who opened his first store in
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448:. In 2010, Stein Mart started working with Perfumania in 2010 to stock an assortment of fragrances.
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808:"Modell's Will Become Digital-Only With $ 3.6 Million Purchase By Retail Ecommerce Ventures"
309:
260:
46:
834:"Retail Ecommerce Ventures, Buyer of Moribund Brands, Hires Advisers for Its Own Struggles"
1446:
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1143:
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chosen to appear in the campaign and are featured in Stein Mart's
Sisterhood book online.
331:. Stein Mart stores sold recent trends in clothing for both men and women. Additionally,
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728:"Stein Mart files for bankruptcy and plans to close most, if not all, of its stores"
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shareholders and was "expected to close in the first half of calendar year 2020."
312:
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For decades Stein Mart leased its shoe department to other retailers, such as
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992:
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529:"Stein Mart: From $ 43 to $ 1.3 billion in three generations | Fortune"
26:
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561:"Stein Mart Re-Enlists Fry Hammond Barr to Return Focus to Real Shoppers"
180:
172:
147:
357:
35:
1148:
1138:
479:"Stein Mart files for bankruptcy and will close most of its 300 stores"
308:
is an
American discount men's and women's online retailer & former
176:
1465:
184:
356:
335:, accessories, and shoes were all available at discounted prices.
324:
243:
753:"Stein Mart® - Official Site - Name Brands For Less | Stein Mart"
1434:
1010:
860:"Stein Mart focused on Home Reinvent plan to grow home - again"
1070:
591:"Stein Mart Reports 4Q and Fiscal Year 2009 Financial Results"
159:
153:
912:
752:
338:
In August 2020, the company announced that it had filed for
703:"Stein Mart announces agreement to become private company"
16:
American discount department store chain from 1908 to 2020
649:"Stein Mart to eliminate 10 percent of corporate workers"
297:
782:"Bankrupt Stein Mart to Close, Sell All 279 U.S. Stores"
1544:
Companies that filed for Chapter 11 bankruptcy in 2020
1539:
Companies disestablished due to the COVID-19 pandemic
503:"Owner of RadioShack, Pier 1 in danger of bankruptcy"
1350:
1305:
1157:
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83:
75:
52:
42:
677:"Stein Mart exploring 'strategic alternatives'"
624:. Associated Press. 2010-09-02. Archived from
1022:
8:
565:American Association of Advertising Agencies
319:. Stein Mart had locations primarily in the
19:
404:suspending the 4th quarter stock dividend.
1504:Defunct department stores based in Florida
1048:List of companies in Jacksonville, Florida
1029:
1015:
1007:
34:
25:
18:
1549:American companies disestablished in 2020
376:; he had arrived there by steamboat from
1514:Companies based in Jacksonville, Florida
890:"Stein Mart aims at younger demographic"
1554:Retail companies disestablished in 2020
1519:Companies formerly listed on the Nasdaq
464:
113:and relaunched as Stein Mart Online Inc
1494:American companies established in 1908
670:
668:
158:Gregory W. Kleffner (EVP, Finance and
416:In August 2020, Stein Mart filed for
7:
1509:Discount stores of the United States
1499:Retail companies established in 1908
1038:Jacksonville area-based corporations
763:from the original on August 29, 2020
675:Howland, Daphne (January 31, 2018).
647:Ghabour, Dahlia (October 26, 2017).
477:Valinsky, Jordan (August 12, 2020).
472:
470:
468:
1315:Association of Tennis Professionals
1529:1908 establishments in Mississippi
616:"Stein Mart Sales climb in August"
14:
1384:Financial News & Daily Record
726:Thomas, Lauren (12 August 2020).
1524:Jacksonville Modern architecture
968:- Encyclopedia of Mississippi -
950:
936:
922:
421:buyer to purchase those assets.
267:
266:
250:
249:
233:
232:
216:
215:
199:
198:
107:Chapter 11 bankruptcy protection
1330:Northgate Information Solutions
1247:MedMal Direct Insurance Company
1:
1413:Florida East Coast Industries
1360:Florida Coastal School of Law
894:Jacksonville Business Journal
1167:Acosta Sales & Marketing
866:. 2010-06-08. Archived from
455:for shorter delivery times.
361:Stein Mart Store #87 at the
109:in 2020, in response to the
58:; 116 years ago
1292:Swisher International Group
1252:Reynolds, Smith & Hills
1134:Rayonier Advanced Materials
1077:Fidelity National Financial
433:Brick-and-mortar operations
1570:
1396:Foundation Financial Group
1207:Florida East Coast Railway
701:Jones, Nick (2020-02-01).
164:MaryAnne Morin (President)
89:; 4 years ago
47:Retail (Department stores)
1217:Huckins Yacht Corporation
1044:
970:University of Mississippi
279:Retail ECommerce Ventures
254:US$ 527.85 million (2016)
33:
24:
1351:Division headquarters of
1267:St. Vincent's HealthCare
1172:Bloch Publishing Company
271:US$ 70.26 million (2016)
1534:Greenville, Mississippi
1372:The Florida Times-Union
1227:Jacksonville Free Press
838:The Wall Street Journal
374:Greenville, Mississippi
363:Meadows Shopping Center
220:US$ 3.57 million (2016)
203:US$ 1.36 billion (2016)
69:Greenville, Mississippi
1124:Patriot Transportation
369:
1471:Johnson & Johnson
993:30.31813°N 81.65839°W
543:"The Stein Mart Saga"
427:Chapter 11 bankruptcy
418:Chapter 11 bankruptcy
360:
340:Chapter 11 bankruptcy
317:Jacksonville, Florida
124:Jacksonville, Florida
121:1200 Riverplace Blvd.
1423:McKesson Corporation
1389:Observer Media Group
1282:Southeastern Grocers
1095:Dun & Bradstreet
547:St. Petersburg Times
367:Terre Haute, Indiana
152:David Hunt Hawkins (
98:(retail stores only)
1297:VyStar Credit Union
1182:Elkins Constructors
998:30.31813; -81.65839
989: /
864:Home Textiles Today
628:on October 25, 2012
285:Number of employees
132:Number of locations
21:
1308:foreign businesses
1306:US headquarters of
1237:Larry's Giant Subs
944:Mississippi portal
812:Retail TouchPoints
446:DSW Shoe Warehouse
370:
289:11,000 (2017)
237:US$ 401,000 (2016)
1481:
1480:
1454:Unison Industries
1418:PSS World Medical
1272:Sally Corporation
1222:I Wear Your Shirt
814:. August 20, 2020
571:on March 29, 2009
387:Mississippi Delta
344:COVID-19 pandemic
303:
302:
298:www.steinmart.com
111:COVID-19 pandemic
1561:
1401:Interline Brands
1325:Höegh Autoliners
1277:Seward Trunk Co.
1177:Crowley Maritime
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1031:
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1008:
1004:
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1001:
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987:
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958:Companies portal
955:
954:
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916:
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913:Official website
898:
897:
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870:on July 12, 2011
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830:
824:
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821:
819:
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797:
795:
793:
788:. 13 August 2020
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593:. Archived from
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567:. Archived from
557:
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550:
539:
533:
532:
531:. 20 March 2014.
525:
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499:
493:
492:
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474:
310:department store
270:
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210:Operating income
202:
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136:283 (March 2019)
97:
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90:
66:
64:
59:
38:
29:
22:
1569:
1568:
1564:
1563:
1562:
1560:
1559:
1558:
1484:
1483:
1482:
1477:
1447:Seacor Holdings
1377:Gatehouse Media
1353:US corporations
1352:
1346:
1307:
1301:
1159:
1153:
1144:Regency Centers
1106:
1105:Publicly traded
1100:
1089:Landstar System
1062:
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840:. March 2, 2023
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653:BizJournals.com
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509:. March 2, 2023
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453:Ship from Store
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20:Stein Mart Inc.
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1442:Trailer Bridge
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1406:The Home Depot
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1365:InfiLaw System
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1232:KBJ Architects
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1219:
1214:
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1204:
1199:
1194:
1192:Firehouse Subs
1189:
1184:
1179:
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1169:
1163:
1161:
1158:Privately held
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930:Florida portal
918:
917:
906:
905:External links
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825:
799:
773:
759:. 2020-08-29.
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1335:Venus Fashion
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1287:Stellar Group
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964:
963:
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948:
945:
934:
931:
920:
914:
909:
908:
904:
896:. 2009-03-19.
895:
891:
885:
882:
869:
865:
861:
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839:
835:
829:
826:
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678:
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669:
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650:
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627:
623:
622:
617:
611:
608:
597:on 2010-04-16
596:
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566:
562:
556:
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549:. 2004-10-16.
548:
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538:
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508:
507:New York Post
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37:
32:
28:
23:
1459:GE Aerospace
1202:Florida Blue
1197:Folio Weekly
1119:FRP Holdings
1114:Black Knight
1107:corporations
1060:corporations
1057:Fortune 1000
1046:
974:
884:
872:. Retrieved
868:the original
863:
854:
842:. Retrieved
837:
828:
816:. Retrieved
811:
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790:. Retrieved
785:
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765:. Retrieved
756:
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735:. Retrieved
731:
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710:. Retrieved
706:
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684:. Retrieved
680:
656:. Retrieved
652:
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630:. Retrieved
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621:BusinessWeek
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595:the original
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261:Total equity
244:Total assets
118:Headquarters
1063:(2021 rank)
996: /
686:January 31,
681:Retail Dive
342:due to the
146:Jay Stein (
1488:Categories
1262:Safariland
1257:Ring Power
1242:Mac Papers
1160:businesses
984:81°39′30″W
981:30°19′05″N
966:Stein Mart
874:August 12,
844:October 1,
818:October 1,
792:30 October
767:2020-09-02
757:Stein Mart
712:2020-03-23
658:2017-10-26
632:August 12,
601:2010-10-26
575:August 12,
488:2020-08-12
459:References
412:Bankruptcy
333:home decor
329:California
306:Stein Mart
227:Net income
189:home decor
142:Key people
1430:TIAA Bank
737:12 August
321:Southeast
315:based in
79:Sam Stein
1466:Vistakon
1187:Fanatics
1129:Rayonier
761:Archived
513:March 2,
181:footwear
173:Boutique
169:Products
148:Chairman
43:Industry
1320:Beeline
1212:Haskell
1149:Web.com
1139:Redwire
353:History
294:Website
195:Revenue
177:apparel
92: (
84:Defunct
76:Founder
61: (
53:Founded
327:, and
187:, and
185:linens
126:, U.S.
71:, U.S.
1097:(940)
1091:(606)
1085:(241)
1079:(288)
1073:(292)
325:Texas
313:chain
276:Owner
1435:TIAA
1340:Otto
876:2020
846:2023
820:2020
794:2020
739:2020
732:CNBC
707:WJXT
688:2018
634:2020
577:2020
515:2023
103:Fate
94:2020
87:2020
63:1908
56:1908
1083:FIS
1071:CSX
786:wsj
483:CNN
160:CFO
154:CEO
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