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Stein Mart Files Chapter 11 Bankruptcy, Plans To Close Most Stores

Stein Mart Bankruptcy Stein Mart Stevenson Ranch

Stein Mart announced Wednesday the company has filed voluntary petitions for relief under Chapter 11 of the Bankruptcy Code in Florida. The clothing retailer has filed customary motions with the bankruptcy court that is set to authorize, upon approval, the ability to maintain operations in the ordinary course of business, including, the payment of employee wages and benefits without interruption, ...

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