Stein Mart, Inc.
Nov 11, 2010
PDF
Add to Briefcase

Stein Mart Announces New Store Location

University Store Location Moves to Lakewood Shopping Center

JACKSONVILLE, Fla.--(BUSINESS WIRE)-- Stein Mart, Inc. (NASDAQ: SMRT) announces the location of a new store in Jacksonville, Fla. in the Colonial Promenade Lakewood Shopping Center at the corner of San Jose and University Boulevard.

"The Stein Mart family has shared in developing the Jacksonville community since 1984," said Jay Stein, Chairman of the Board. "We are excited about another opportunity to enhance our presence in a way that will help better serve our customer."

Stein Mart conducts research to determine areas that best suit the needs of its customer. The move from University Shopping Center to the Colonial Promenade Lakewood Shopping Center is a product of such research.

"The new store will offer a location that is more convenient to our customers, as well as surround Stein Mart with other attractive co-tenants," said David Stovall, Jr., president and CEO of Stein Mart.

The Lakewood Shopping Center is 1.3 miles east of the current location, and moves the store closer to the major San Jose Boulevard thoroughfare.

The new 30,000 square foot store is planned to open in the spring of 2011.

In addition to the new store location in the Promenade Lakewood Shopping Center, Stein Mart announced on November 10, the opening of three new stores throughout the United States. The new stores are located in Sarasota, Fla., Jackson, Miss., and Tempe, Ariz.

Stein Mart currently has 265 store locations across the United States. Six of these locations are found in the Jacksonville area.

About Stein Mart

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.

SMRT-G

Stein Mart, Inc.
Hayley T. Sells, Internal Communications Manager, 904-394-8510
hsells@steinmart.com
or
Nancy Murphy, Director, Investor Relations, 904-346-1506
nmurphy@steinmart.com

Source: Stein Mart, Inc.

News Provided by Acquire Media