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Tennessee Stein Mart locations closing after company files bankruptcy

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Posted at 9:56 AM, Aug 26, 2020
and last updated 2020-08-26 10:56:11-04

NASHVILLE, Tenn. (WTVF/AP) — Stein Mart stores in Tennessee are closing after the department store chain filed for bankruptcy earlier this month.

Stein Mart locations in Nashville, Brentwood, Franklin and Hendersonville are all among the listed closures. Click here to see a full list.

The 112-year-old Florida-based company said in a news release on Aug. 12 that it filed for Chapter 11 protection. It said the downturn in the economy as a result of the coronavirus pandemic was too difficult to overcome.

The company initially said it would close most, if not all, of its stores. However, it later confirmed that all stores would be closing.

Stein Mart has more than 280 stores in 30 states specializing in clothing, shoes and housewares at discount prices. As of May 30, the company employed about 8,400 people. Stein Mart first started doing business in Mississippi in 1908.