Stein Mart History & Historical Profile

Historical Record

February 2019 Summary : Headquartered in Jacksonville, Florida, Stein Mart is a national retailer offering the fashion merchandise, service and presentation of a better department or specialty store. Our focused assortment of merchandise features current season, moderate to better fashion apparel for women and men, as well as accessories, shoes and home fashions, all offered at prices competitive with off-price retail chains. Our shopping experience is more upscale than other off-price retailers, with a focus on ease-of-shopping, service and presentation of merchandise by category, brand, style and size. Our customer is both style conscious and value seeking with above-average household income. Our stores are located in convenient regional, community and neighborhood shopping centers serving a more affluent customer. Begun in the early 1900's as a single store in Greenville, Mississippi, we operate nearly 300 stores in 31 states, plus steinmart.com. NASDAQ Ticker Symbol: SMRT

October 2013 Summary: Stein Mart, Inc. operates as an apparel retailer in the United States. The company offers fashion apparel for women and men, as well as accessories, shoes, and home fashions. It primarily focuses on 35-55 year old woman. As of August 3, 2013, the company operated 262 Stein Mart stores. Stein Mart, Inc. was founded in 1908 and is headquartered in Jacksonville, Florida.

April 2006 Summary: Founded by the current chairman's grandfather just after the turn of the 20th century, the Stein Mart concept has evolved into a nationwide network of easy-to-access freestanding stores. Their merchandise includes current-season, brand-name fashion for women and men; accessories; home decor; linens; and shoes. All are at prices 20% to 60% below department stores and specialty shops. Because their customer appreciates variety and because she likes to be unique they update merchandise frequently and supply a limited inventory of each item per store.