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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.

News 12 Staff

•

Aug 13, 2020, 10:06 AM

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Updated 1,443 days ago

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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.
PHOTOS: COVID-19 Impacts the World
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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.
VIRUS TRACKER: New York, New Jersey, Connecticut coronavirus cases and deaths 
MORE: LIVE BLOG - Coronavirus updates from the tri-state area and beyond
MORE: New Jersey Coronavirus Dashboard 
FULL COVERAGE: Coronavirus Pandemic
The company says the strain of the pandemic was too difficult to overcome.
MORE: 10 ways to stay safe when dining at restaurants
MORE: 15 questions to ask yourself before venturing out during COVID-19
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