Stein Mart, which just filed for Chapter 11 reorganization, has authorized going out of business sales by a joint venture comprising Gordon Brothers, Hilco Merchant Resources, Tiger Capital Group, B. Riley Financial’s Great American Group and SB360 Capital Partners. The sale process is underway at all 279 Stein Mart locations across the U.S.
Stein Mart customers can now take advantage of savings of up to 30% off the lowest ticketed prices storewide. Stein Mart’s inventory includes the latest fashions and styles for the whole family, essentials for the kitchen and bath, home décor, and more. A wide range of dorm room necessities and back-to-learning basics can also be found at greatly reduced prices. These significant discounts are valid throughout the stores and include customers’ favorite brands across all departments.
Stein Mart gift cards and loyalty rewards will be accepted for a limited time. Store fixtures, furniture and equipment will also be sold at discounted prices as part of the going out of business sale.