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Stein Mart Bankruptcy Will Close Nearly All 281 Stores

COVID-19 recovery is on the horizon but the pandemic's impact on sustainability, retail, product development and consumer buying patterns means the denim industry must evolve. Join Rivet on April 20th at 11 am ET for the COVID, One Year Later roundtable.

For off-price retailer Stein Mart, the coronavirus crisis sent its already struggling business into an out-of-control tailspin. On Wednesday, Stein Mart filed a voluntary Chapter 11 petition in a Jacksonville, Fla., bankruptcy court, detailing plans to “close a significant portion, if not all, of its brick-and-mortar stores” in a store closing and liquidation process that’s…

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