Stein Mart files for bankruptcy and plans to close most, if not all, of its stores PUBLISHED WED, AUG 12 20208:48 AM EDTUPDATED AN HOUR AGO Lauren Thomas @LAURENTHOMAS KEY POINTS The off-price retailer Stein Mart has filed for Chapter 11 bankruptcy protection and plans to shutter most of its stores. Stein Mart operates 281 stores across 30 states in the U.S., according to its website. More than 40 retailers have filed for bankruptcy so far this year, according to a tracking by S&P Global Market Intelligence.
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