Stein Mart files for Chapter 11 bankruptcy, closing stores

Home US Stein Mart files for Chapter 11 bankruptcy, closing stores

Battered by the coronavirus, Stein Mart Inc. has filed for Chapter 11 bankruptcy, and is in the process of closing most or all of its brick-and-mortar stores.

The company, based in Jacksonville, Florida, is evaluating strategic alternatives, including sellin…

Source : Triangle Business Journal

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