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Is Stein Mart really closing?
The most recent retail chain in the COVID pandemic’s line of fire is the beloved discount department store Stein Mart. The store, which has 280 locations across 30 states, has filed for Chapter 11 bankruptcy and will be closing its doors, according to a statement.
Is anyone going to buy Stein Mart?
Retail Ecommerce Ventures won a bankruptcy court auction to buy the intellectual property of Stein Mart for $6.02 million. REV plans to relaunch the brand online next year. Founded in 2019, the Miami-based company attempts to revive distressed retailers as online-only stores.
Can I still use my Stein Mart credit card?
Holders of the Stein Mart Style MasterCard® are able to use the card anywhere MasterCard is accepted, in addition to Stein Mart stores.
What happened to Stein Mart merchandise?
The brand will relaunch as an online-only store in 2021 REV announced Thursday that it won a bankruptcy court auction for the intellectual property of Stein Mart Inc. Under the agreement, REV will acquire the Stein Mart nameplate as well as its private-label brands, domain names, social media assets and customer data.
Who owns Stein Mart?
The firm is co-owned by social media influencer Tai Lopez and Alex Mehr, the co-founder of online dating website Zoosk. Lopez said Stein Mart was an attractive purchase because of its devoted customer base and improving e-commerce sales prior to its bankruptcy.
What happens to Stein Mart credit card?
Holders of the Stein Mart Style MasterCard® are able to use the card anywhere MasterCard is accepted, in addition to Stein Mart stores. “We are very pleased to extend our relationship with Synchrony Bank, an industry leader in the credit card business.
What is going on with Stein Mart?
Stein Mart, the storied chain that began in 1908 with a first location in Greenville, Mississippi by Russian Jewish immigrant Sam Stein, recently filed for Chapter 11 bankruptcy due to the COVID-19 pandemic back on August 12, 2020. All 281 stores across 30 U.S. states will be liquidated.
What credit score is needed for a Stein Mart credit card?
Details
| Annual fee | $0 |
|---|---|
| Rewards | 2x points at Stein Mart once you reach Elite status tier and 1x points on all purchases |
| Purchase APR | 26.99% variable |
| Balance transfer APR | N/A |
| Minimum Credit Score | 670 |
Are Stein Mart credit cards still valid?
Can you still open a Stein Mart credit card? Stein Mart credit cards are no longer available.
What time does Stein Mart open?
Steinmart is open during the same hours six days a week. From Monday to Saturday, Steinmart is open from 10AM until 9PM.
How much does Stein Mart pay?
Hourly pay at Stein Mart, Inc. ranges from an average of $8.32 to $16.50 an hour. Stein Mart, Inc. employees with the job title Merchandising Manager make the most with an average hourly rate of $15.02, while employees with the title Cashier make the least with an average hourly rate of $8.83.
Is Stein Mart open on Sundays?
Note, that most stores have reduced hours on Sundays. Stein Mart Holiday Hours and General Hours of Operation. The majority of Stein Mart stores generally stay open on the following holidays, though reduced hours may apply: The majority of Stein Mart stores are closed for business on the following holidays:
How many stores does Stein Mart have in the US?
At the end of 2019 fiscal year, Stein Mart operated 283 stores throughout the United States. You need a Single Account for unlimited access. You have no right to use this feature.