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Stein Mart, Inc. Appoints Gary L. Pierce SVP, Director of Stores

JACKSONVILLE, Fla., May 11, 2010 (BUSINESS WIRE) -- Stein Mart, Inc. (Nasdaq:SMRT) today announced the appointment of Gary L. Pierce as senior vice president and director of stores, effective Monday, May 17. He succeeds Michael D. Ray, who remains with the Company as a regional director of stores.

Pierce joins Stein Mart from Belk, Inc. where he has been since 1993, most recently as senior vice president and director of stores for the Central and Northern divisions, a position he has held since 2001. Prior to joining Belk, he was with Dillard's Department Stores for 14 years.

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, gifts, linens and shoes.

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Additional information about Stein Mart, Inc. can be found at www.steinmart.com

SOURCE: Stein Mart, Inc.

Stein Mart, Inc.
Susan Datz Edelman, Director, Stockholder Relations, 904-346-1506
sedelman@steinmart.com

Copyright Business Wire 2010

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