Stein Mart, Inc.
Oct 25, 2012
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Stein Mart, Inc. Opens Seven Stores This Fall

Stores Located in Arizona, California, Mississippi, Texas and Virginia

JACKSONVILLE, Fla., Oct. 25, 2012 (GLOBE NEWSWIRE) -- Stein Mart (Nasdaq:SMRT) is expanding its presence with the opening of seven stores this fall. The new stores are located in Surprise, Ariz.; Katy, Texas; Tucson, Ariz.; and Charlottesville, Va. The McAllen, Texas; Biloxi, Miss.; and San Dimas, Calif. stores are a relocation of another area store to improve sites. The four new and three relocated stores bring Stein Mart's total store count to 263 at the end of this year.

"We are pleased to announce the expansion of our footprint in Charlottesville and these existing markets," stated Jay Stein, chairman of Stein Mart. "Our core customers have embraced the Stein Mart concept and through this expansion we further solidify our position as a leading retailer offering brand name fashion at everyday low prices."

Each store hosts a pre-grand opening event with proceeds benefitting a local charity in that store's area. The stores are located at:

About Stein Mart, Inc.(Nasdaq:SMRT):

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.

The Stein Mart, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=9827

CONTACT: For more information:

         Linda L. Tasseff

         Director, Investor Relations

         (904) 858-2639

         ltasseff@steinmart.com