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Stein Mart files for bankruptcy and will close most of its 300 stores

Name: Stein Mart files for bankruptcy and will close most of its 300 stores
Uploaded: 2020-08-12T14:00:41-07:00
Channel: NBC Palm Springs
Description: Discount retailer Stein Mart has filed for bankruptcy and plans to close most of its nearly 300 stores. The 112-year-old company blamed its failure on changing consumer habits and the pandemic, both of which “have caused significant financial distress on our business,” Stein Mart CEO Hunt Hawkins said in a release on Wednesday. Like other retailers, its operations […]

By: NBC Palm Springs

August 12, 2020

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