Market Overview

Stein Mart, Inc. Opens Seven Stores This Fall

Share:

JACKSONVILLE, Fla., Oct. 25, 2012 (GLOBE NEWSWIRE) -- Stein Mart (Nasdaq: SMRT) is expanding its presence with the opening of seven stores this fall. The new stores are located in Surprise, Ariz.; Katy, Texas; Tucson, Ariz.; and Charlottesville, Va. The McAllen, Texas; Biloxi, Miss.; and San Dimas, Calif. stores are a relocation of another area store to improve sites. The four new and three relocated stores bring Stein Mart's total store count to 263 at the end of this year.

"We are pleased to announce the expansion of our footprint in Charlottesville and these existing markets," stated Jay Stein, chairman of Stein Mart. "Our core customers have embraced the Stein Mart concept and through this expansion we further solidify our position as a leading retailer offering brand name fashion at everyday low prices."

Each store hosts a pre-grand opening event with proceeds benefitting a local charity in that store's area. The stores are located at:

  • 13712 W. Bell Road, Surprise, Ariz. (opened Sept. 20 in Surprise Town Center)
  • 800 E. Expressway 83, Suite 200, McAllen, Texas (opened Sept. 20 in Las Tiendas Plaza)
  • 2650 Beach Blvd., Suite 36, Biloxi, Miss. (opened Sept. 27 in Edgewater Village)
  • 826 W. Arrow Highway, San Dimas, Calif. (opened Oct. 18 in San Dimas Marketplace)
  • 6565 S. Fry Road, Katy, Texas (opens Oct. 25 in Grand Lakes Market Place)
  • 100 Shoppers World Court, Charlottesville, Va. (opens Oct. 25 in Shoppers World)
  • 5555 E. Broadway Boulevard, Tucson, Ariz. (opens Nov. 8 in 5555 Broadway)

About Stein Mart, Inc. (Nasdaq: SMRT):

Stein Mart stores offer the fashion merchandise, service and presentation of a better department or specialty store, at prices competitive with off-price retail chains. Currently with locations from California to Massachusetts, Stein Mart's focused assortment of merchandise features current season, moderate to better fashion apparel for women and men, as well as accessories, shoes and home fashions.

For more information on Stein Mart or to find your nearest location, please visit www.steinmart.com.

The Stein Mart, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=9827

CONTACT: For more information: Linda L. Tasseff Director, Investor Relations (904) 858-2639 ltasseff@steinmart.com

Stein Mart, Inc. Logo

View Comments and Join the Discussion!