Stein Mart, trading OTC as SMRTQ, is an American off‐price retailer that historically operated a chain of brick‐and‐mortar department stores offering apparel, accessories, footwear and home décor. Founded in 1908 in Greenville, Florida, the company built its reputation on selected national and private‐label brands sold at discounts below traditional department‐store prices. Prior to 2020, Stein Mart operated nearly 300 locations across more than 30 states, serving a broad demographic of value-conscious shoppers seeking contemporary fashion and home furnishings.
In August 2020, Stein Mart filed for Chapter 11 bankruptcy protection and subsequently closed all of its physical stores. Following the liquidation of in-store inventory and the sale of its retail assets, the Stein Mart brand and intellectual property were acquired by new owners, who relaunched the business as a purely digital retailer. Today, Stein Mart operates exclusively through its e-commerce platform, SteinMart.com, offering a curated assortment of women’s and men’s apparel, footwear, handbags and home goods.
Under its new ownership structure, Stein Mart has focused on reestablishing customer relationships through digital marketing initiatives, an online loyalty and rewards program, and strategic partnerships that leverage its legacy reputation for value. The brand now ships nationwide within the U.S., catering to former Stein Mart shoppers as well as new customers drawn by its blend of designer labels and private-label merchandise. Leadership information for the relaunched entity remains concise, with management centered on e-commerce operations, supply-chain optimization and customer engagement, continuing the company’s historic emphasis on discounted fashion and home décor.
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