Tuesday, March 22, 2005

Stein Mart opening new stores this year

Bedding Retail News

Source: By Home Textiles Today

JACKSONVILLE, Fla. - Stein Mart announced plans to open 15 new stores in 2005, including a relocation, during its fourth-quarter conference call yesterday.

The retailer will also shut eight locations, primarily in April. The remainder will close in early fall.

New markets for this year's openings include Ocean, N.J., in May along with openings in the Southeast where the company is known but doesn't yet have locations. Four store openings will take place this spring: two in Florida, one in South Carolina and one in New Jersey. The rest of the store openings will take place in the third and fourth quarters.