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Stein Mart was founded in 1908 by Sam Stein, a Russian Jewish immigrant who opened his first store in Greenville, Mississippi; he had arrived there by steamboat from New York City three years before. [3] The department store carried general merchandise until his son, Jake Stein, took over the company upon his father Sam's death in 1932.
Stein Mart opened as an anchor tenant in 1992. [4] [5] In late 2014, Town and Country owners announced that anchor stores were either relocating or expanding to make way for a major renovation with an estimated cost of $7 million. It was also revealed that TJ Maxx would be adding a location to the retail center. Other changes included ...
Stein Mart during liquidation. Stein Mart closed October 26, 2020, following the company's bankruptcy and liquidation. [8] It was announced in June of 2021 that the former Stein Mart space will be split into two parts, with an Ace Hardware occupying on section, and the other half converted to more specialty store fronts. [9]
Ocean State Job Lot is opening in this former Stein Mart on Route 35 in Holmdel. Hiring events are being held on Oct. 17, 22 and 24 at 2145 Route 35, a former nail salon at Kohl's Plaza near the ...
The Home Goods and Sephora are occupying the space previously held by Stein Mart. HomeGoods, part of a company that also includes TJ Maxx, Marshalls and other stores, carries a host of furniture ...
The off-price department store said it will likely close all of its 281 brick-and-mortar locations.
In 2013, Furniture Warehouse moved into the former original Stein Mart location. [ 13 ] Steve and Barry's opened in October 2006, occupying approximately 48,000 square feet (4,500 m 2 ) on the second level, which includes the second level of the former T.J. Maxx space and the virtually empty food court, as well as several storefronts.
Margins matter. The more Stein Mart (NAS: SMRT) keeps of each buck it earns in revenue, the more money it has to invest in growth, fund new strategic plans, or (gasp!) distribute to shareholders.