Discount retailer Stein Mart files for bankruptcy, plans to close most of its nearly 300 stores
Stein Mart has filed for Chapter 11 bankruptcy after taking a large hit in the wake of the coronavirus pandemic.
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Aug 13, 2020, 10:06 AM
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Updated 1,526 days ago
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Stein Mart has filed for Chapter 11 bankruptcy after taking a large hit in the wake of the coronavirus pandemic.
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The 112-year-old discount retailer says it plans to close most of its nearly 300 stores, including four locations in New Jersey.
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The company says the strain of the pandemic was too difficult to overcome.
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