The Company expects to close a significant portion, if not all, of its brick-and-mortar stores and, in connection therewith, the Company has launched a store closing and liquidation process. © 2020 GlobeNewswire, Inc. Tous droits réservés. Your Stein Mart Credit Card or Stein Mart Elite Credit Card is issued by Synchrony Bank. The Company is evaluating any and all strategic alternatives, including the potential sale of its eCommerce business and related intellectual property. To keep up the pace, Donna is usually found drinking at least one Cold Brew coffee a day or on a busy day make it two. Stein Mart, Inc. is an off-price retailer offering designer and name-brand fashion apparel, home décor, accessories, and shoes at everyday discount prices.

For more information, please visit www.SteinMart.com. Investors are cautioned that any such forward looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those in the forward looking statements as a result of various factors. Stein Mart has announced it has filed for Chapter 11 bankruptcy, according to a press release. Because of such possibilities, the value of these liabilities and/or securities is highly speculative and will pose substantial risks. To regain compliance with the Minimum Bid Price Requirement and qualify for continued listing on the Nasdaq Capital Market, the minimum bid price per share of the Company's common stock must be at least $1.00 for at least ten consecutive business days during the additional 180-day grace period. The Company has filed customary motions with the Bankruptcy Court that will authorize, upon Bankruptcy Court approval, the Company’s ability to maintain operations in the ordinary course of business, including, among other things, the payment of employee wages and benefits without interruption, payment of suppliers and vendors in the normal course of business, and the use of cash collateral.

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The Company lacks sufficient liquidity to continue operating in the ordinary course of business. The Company, however, will continue to operate its business in the ordinary course in the near term; and.

The Company, however, will continue to operate its business in the ordinary course in the near term,” states the press release.

For more information:Linda L. TasseffDirector, Investor Relations(904) 858-2639ltasseff@steinmart.com. @officialcmhof, What’s your favorite Halloween candy? Trading prices for the Company’s common stock may bear little or no relationship to the actual recovery, if any, by holders thereof in the Bankruptcy Case. “Significant Number” of Stein Mart Stores Expected to Close, @aldiusa just launched new Advent Calendars. Sign up today for your free Reader Account! Check, Today is Election Day. Stein Mart, Inc. is a national specialty omni off-price retailer offering designer and name-brand fashion apparel, home décor, accessories and shoes at everyday discount prices. Details on the Company’s Chapter 11 process and go-forward strategy are as follows: Hunt Hawkins, Chief Executive Officer and Chief Financial Officer of Stein Mart, Inc., said, “The combined effects of a challenging retail environment coupled with the impact of the Coronavirus (COVID-19) pandemic have caused significant financial distress on our business. Band Of Outsiders JODHPUR ANKLE BOOT Boots Womens Suede Ankle Boot - Band Of Outsiders,best clothing brands, popular clothing brands, top designer brands, home essentials The company operates 281 stores across 30 states. If the Company does not regain compliance during this additional grace period, its common stock would be subject to delisting by Nasdaq. Contact me at.

#Halloween, Here are a few photos from @pauladeen_official @pa, @oliviaevoo sneak peek - store will have a grand o, Justice, Ann Taylor, Lane Bryant & Catherine’s Stores to Close. As part of its transfer application, the Company notified Nasdaq that if the stock price does not recover sufficiently during the additional grace period, it intends to take actions to regain compliance with the minimum bid price requirement, including by effecting a reverse stock split, if necessary. There is two locations in Williamson County, 545 Cool Springs Boulevard, Franklin and 300 Franklin Road, Brentwood (in the Brentwood Place Shopping Center). Court filings and other documents related to the process are available at. The company operates 281 stores across 30 states.

The matters discussed herein include statements regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to the future operating performance of the Company and its asset utilization. JACKSONVILLE, Fla., Aug. 12, 2020 (GLOBE NEWSWIRE) -- Stein Mart, Inc. (NASDAQ: SMRT) today announced that it and its subsidiaries (collectively, the “Company”) have filed voluntary petitions for relief under Chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the Middle District of Florida – Jacksonville Division (the “Bankruptcy Court”). Compteur en temps réel de la dette de la France 2020. The Company has determined that the best strategy to maximize value will be a liquidation of its assets pursuant to an organized going out of business sale. The company operates 283 stores across 30 states. Complete Your Look with the Perfect Badgley Mischka Shoes. Impress the guest list to a black-tie function or make your walk down the aisle unforgettable.

Williamson Source is your personal portal to all things Williamson County. © 2020 GlobeNewswire, Inc. All Rights Reserved. JACKSONVILLE, Fla., Jan. 07, 2020 (GLOBE NEWSWIRE) -- Stein Mart, Inc. (NASDAQ: SMRT) today announced that it received approval from the Listing Qualifications Department of The Nasdaq Stock Market ("Nasdaq") to transfer the listing of the Company's common stock from the Nasdaq Global Select Market to the Nasdaq Capital Market, effective January 8, 2020. Forward-Looking StatementsThis press release contains statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The Company has determined that the best strategy to maximize value will be a liquidation of its assets pursuant to an organized going out of business sale. Stein Mart, Inc. is a national specialty omni off-price retailer offering designer and name-brand fashion apparel for him, for her and now for Kids!, home décor, accessories and shoes at … Stein Mart provides real value that customers love every day. For more information, visit www.SteinMart.com. A list of specific stores to close has not been released yet.

The Company has also been granted an additional 180-day grace period, or until July 6, 2020, to regain compliance with Nasdaq's minimum bid price requirement (the "Minimum Bid Price Requirement").

Some look to their shoes for a finishing touch while others start with them. Chaque seconde, la dette de la France varie de +2 685,70€ Chaque jour, la dette de la France varie de +232 044 198,90€ En 2017 la dette de la France s'élevait à 2 299 800 000 000€. Filene's Basement offers free shipping on over one million items by top brands and designers at significantly discounted prices.

The Company’s restructuring counsel is Foley & Lardner LLP, its restructuring advisor is Clear Thinking Group LLC and its investment banker is PJ SOLOMON. These motions are typical in the Chapter 11 process and the Company anticipates that they will be approved shortly after the commencement of its Chapter 11 case. You have entered an incorrect email address! These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in Stein Mart's Form 10-Q for the 39 weeks ended November 2, 2019 filed with the U.S. Securities and Exchange Commission (“SEC”) on December 4, 2019 under the heading "Risk Factors" and the Company’s other filings with the SEC. The Company's common stock will continue to trade under the symbol "SMRT.". For more information, please visit www.SteinMart.com.

Accordingly, the Company urges extreme caution with respect to existing and future investments in its common stock. Stein Mart provides real value that customers love every day.