Facebook Pinterest Search Icon SourcingJournal_horiz Tumbler Twitter Shape photo-camera graph-trend Shape latest-news icon / user

Stein Mart Bleeds $66 Million, Leaving Future in Doubt

Get your ticket today for Sourcing Summit Hong Kong and gain insights from executives from Asmara, Wood Mackenzie, The Mills Fabrica, Star Network, NRF, Delta Galil, Unspun, the Ports of Los Angeles and more.

Two weeks after raising “substantial doubt” over its ability to continue operations, Stein Mart reaffirmed that it is uncertain it can operate as a “going concern” over the next 12 months, doing little to quell bankruptcy concerns. COVID-19 has hampered what was already a struggling off-price retail chain, which endured a first-quarter net loss of…

This content is for Annual and Limited members only. You can read up to five free articles each month with a Limited Level Subscription. Please log in, or subscribe.

Log In Subscribe

More from our brands

Access exclusive content Become a Member Today!