Stein Mart may close all stores after filing for bankruptcy

By Haley Victory Smith

Published August 12, 2020 2:44pm ET

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Stein Mart may close all stores after filing for bankruptcy — Stein Mart has filed for Chapter 11 bankruptcy and will close most, if not all, of its stores. The company said in a press release Wednesday that it has already begun the liquidation process. “The combined effects of a challenging retail environment coupled with the impact of the Coronavirus pandemic have caused significant financial distress […]

Stein Mart has filed for Chapter 11 bankruptcy and will close most, if not all, of its stores.

The company said in a press release Wednesday that it has already begun the liquidation process.

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