Stein Mart Stores Are Closing
Stein Mart is closing its entire brick-and-mortar fleet of stores.
The bankrupt discount chain announced today that it has authorized going-out-of-business sales by a joint venture made up of Gordon Brothers, Hilco Merchant Resources, Tiger Capital Group, B. Riley Financial’s Great American Group and SB360 Capital Partners. The liquidation process, it said, is underway at all 279 locations across 30 states in the country.
Since Stein Mart is an off-price retailer, shoppers were already able to find apparel, footwear and accessories from popular labels including Anne Klein, Keds, Lucky Brand, New Balance and Skechers for men, women and children, as well as home decor and gifts, at up to 60% off department store prices. Now, as part of the liquidation sales, the company is offering savings of up to 30% off the lowest ticketed prices storewide, including back-to-school necessities and seasonal products.
Stein Mart’s gift cards and loyalty rewards will be accepted for a limited time. It added that store fixtures, furniture and equipment will also be sold at discounted prices as it undergoes liquidation.
“New merchandise arriving in stores, as well as customers’ favorite familiar brands, are deeply discounted and will sell out quickly at these low prices,” a spokesperson for the joint venture said in a statement. “We are encouraging shoppers to take advantage of Stein Mart’s abundant assortment of merchandise at substantial price reductions before it’s too late.”
The 112-year-old retailer filed for Chapter 11 protection in the U.S. Bankruptcy Court for the Middle District of Florida, Jacksonville Division, on Wednesday. As part of proceedings, it said it was evaluating strategic alternatives, including the potential sale of its e-commerce business and related intellectual property.
“The combined effects of a challenging retail environment coupled with the impact of the coronavirus pandemic have caused significant financial distress on our business,” CEO and CFO Hunt Hawkins said in a statement accompanying the filing. “The company has determined that the best strategy to maximize value will be a liquidation of its assets pursuant to an organized going-out-of-business sale.”See the Full List for Going-Out-of-Business Sales.
Here, the full list of Stein Mart outposts that are set for sales and ultimately closures:
Alabama
Auburn Mall in Auburn
Brook Highland Plaza in Birmingham
Mobile
Montgomery Cornerstone
Tuscaloosa
Vestavia Hills City Center
Westbury Square in Huntsville
Westside Centre in Hunstville
Arizona
Chandler
East Broadway in Tucson
East Shea in Scottsdale
Gilbert
Glendale
Northmall Centre in Tucson
Paradise Valley in Phoenix
Promenade North Scottsdale
Surprise
Tempe
Arkansas
Little Rock
North Little Rock
Rogers
California
Anaheim Hills Festival
Broadstone Plaza in Folson
Clovis Crossing
Fresno Wine Press Center
Fullerton
Granada Village in Granada Hills
Homestead Square in Cupertino
Huntington Beach Garfield Shopping
Irving Marketplace
La Costa Town Center in Carlsbad
Laguna Crossroads in Elk Grove
Mission Grove in Riverside
Mission Viejo
Plaza del Sol in Palm Springs
Poway City Centre
Rancho Cucamonga
Rancho Las Palmas in Rancho Mirage
Rocklin Commons in Rocklin
San Clemente
San Dimas Plaza
Stevenson Ranch Plaza
The Orchards in Walnut Creek
Torrance
Vail Ranch in Temecula
Washington Park in La Quinta
Colorado
Colorado Springs
Denver
Quebec Village in Centennial
S Parker Rd in Aurora
The Groves in Thornton
Delaware
Concord Pike in Wilmington
Florida
Atlantic in Jacksonville
Aventura
Baymeadows in Jacksonville
Britton Plaza in Tampa
Carrollwood in Tampa
Casselberry Commons
Colonial Plaza in Orlando
Cooper City
Coral Springs
Cordova Commons in Pensacola
Cypress Trace in Fort Myers
Daytona Beach
Delray Beach
Destin Commons
Jacksonville Beach
Lady Lake
Lithia Crossing in Valrico
Marketplace at Dr Phillips in Orlando
Melbourne
Merchants Walk in Lakeland
Northwood Plaza in Clearwater
Oak Grove Shoppes in Altamonte Springs
Oakwood Square in Boynton Beach
Palm Beach Gardens
Palm Harbor
Pelican Bay in Naples
Plantation
Pompano
Port St. Lucie
Prado at Spring Creek in Bonita Springs
Roosevelt in Jacksonville
San Jose in Jacksonville
Sanford
Sarasota Pavillion
Seminole City Center
Shadowood Square in Boca Raton
St. Petersburg
Stuart
Tallahassee Village Square
Tamiami Crossing in Naples
UTC West District in Sarasota
University in Jacksonville
Venice Marketplace in Venice
Vero Beach
Georgia
Alpharetta
Augusta Washington Square
Barrett Pkwy in Marietta
Beechwood Promenada in Athens
Bradley Park in Columbus
Brookhaven Plaza
Dallas Hwy in Marietta
Macon Forsyth Rd
Merchants Walk in Marietta
Oglethorpe Mall in Savannah
Peachtree City
Snellville
Suwanee
Illinois
Algonquin
Deerbrook in Deerfield
Kildeer
Orland Park
Rice Lake Square in Wheaton
St. Charles
Willowbrook
Indiana
Cool Creek Commons in Carmel
Evansville
Ft. Wayne
Greenwood
Hamilton Town Center in Noblesville
Indianapolis 86th and Ditch
Meadows Shopping Center in Terre Haute
Kansas
Greenwich Place in Wichita
Lenexa
Overland Park
Kentucky
St. Matthews in Louisville
Woodville Plaza in Lexington
Louisiana
Hammond Aire Plaza in Baton Rouge
Kenner
Lafayette
Mandeville Hwy 190
Metairie Veterans Memorial
Monroe
Pierremont Mall in Shreveport
Michigan
Maple Village in Ann Arbor
Portage
Rochester Hills
West Bloomfield
Mississippi
Biloxi
Deville Plaza in Jackson
Flowood
Greenville Hwy 1 S
Hattiesburg
Madison Grandview Blvd
Missouri
Rock Hill
Sunset Hills Plaza
Town and Country
Nevada
Best of the West in Las Vegas
Henderson
Reno
Summerlin in Las Vegas
New Jersey
Cherry Hill at Ellisburg
Holmdel
Ocean Plaza
Watchung Square Mall
New Mexico
Sierra Vista in Albuquerque
New York
Commack Mayfair Shopping Center
Pittsford Plaza in Rochester
Williamsville
North Carolina
Afton Ridge in Concord
Charlotte Ballantyne
Cornelius
Crossroads in Cary
Eastgate in Chapel Hill
Falls Center in Raleigh
Fayetteville
Greensboro
Greenville St in Hendersonville
Hanover Center in Wilmington
Hickory
High Point
Matthews Festival
Merrimon in Asheville
Parkside Town Commons in Cary
South Park in Greenville
Southern Pines
Stonehenge in Raleigh
The Centrum in Pineville
Winston Salem
Ohio
Dublin in Columbus
Eastgate in Cincinnati
Harpers Station in Cincinnati
Marketplace 4 Corners in Aurora
Morse in Columbus
Pavillion in Beachwood
Rockwood Commons in Cincinnati
Town and Country in Kettering
Venue at Belden in Canton
Westgate in Toledo
Westlake
Oklahoma
51st and Harvard in Tulsa
91st and Memorial in Tulsa
Edmond
Oklahoma City N May Ave
Pennsylvania
Downingtown
Jenkintown
King of Prussia
McIntyre Square in Pittsburgh
Mechanicsburg
South Mall in Allentown
South Carolina
Belfair Towne Village in Bluffton
Florence
Hillcrest in Spartanburg
Hilton Head Island
Kings Hwy in Myrtle Beach
Lexington
Mt. Pleasant Long Point Rd
South Commons in Myrtle Beach
Trenholm Plaza in Columbia
Verdae Marketfair in Greenville
West Ashley in Charleston
Tennessee
Brentwood Place
Chattanooga
Collierville
Cordova
Deane Hill in Knoxville
Eastgate in Memphis
Farragut
Franklin Cool Springs
Glenbrook in Hendersonville
Johnson City
Lions Head Village in Nashville
Murfreesboro N Thompson Ln
Stonebrook Pl in Jackson
Texas
Amarillo
Camp Bowie in Fort Worth
Center at Baybrook in Webster
Champions in Houston
Cinco Ranch in Katy
College Station
Crossroads in Beaumont
DeZavala in San Antonio
El Paso Westside
Flower Mound
Fondren/Westheimer in Houston
Fredericksburg in San Antonio
Frisco in Preston
Hulen in Fort Worth
Hurst
Irving
Keller
Kingwood
Lakeline in Austin
Laredo
Lincoln Hts in San Antonio
Lincoln Square in Arlington
McAllen
McKinney
Meyerland Plaza in Houston
Midland
Mockingbird in Dallas
Moore Plaza in Corpus Christi
North Fry in Katy
North Woods in San Antonio
Plano in Preston
Preston in Dallas
Rockwall
Round Rock
South Arlington
South Loop 289 in Lubbock
Stafford Mountain Lake
Tomball in Houston
Tyler
Westlake in Austin
Woodlands in Shenandoah
Utah
Foothill Village in Salt Lake City
Virginia
Battlefield Center in Leesburg
Brandermill in Midlothian
Charlottesville
Gainesville Virginia Gateway
Greenbrier Marketplace in Chesapeake
Hillside in Virginia Beach
Midlothian Turnpike in Richmond
Newport News Tech Center
Pembrooke in Virginia Beach
Settlers Market in Williamsburg
Short Pump in Richmond
Tanglewood in Roanoke
West Broad in Richmond
Wisconsin
Brookfield