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Stein Mart Inc

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October 2, 1998 | MELINDA FULMER, TIMES STAFF WRITER
Off-price retailer Stein Mart Inc. has begun opening the first of what analysts say could be as many as a dozen additional stores in Southern California, a move that could intensify what is already stiff competition in the retailing market. The Jacksonville, Fla.-based chain, which operates 170 stores mainly in the South and Southeast, opened its first Southland store in Poway earlier this year.
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BUSINESS
October 2, 1998 | MELINDA FULMER, TIMES STAFF WRITER
Off-price retailer Stein Mart Inc. has begun opening the first of what analysts say could be as many as a dozen additional stores in Southern California, a move that could intensify what is already stiff competition in the retailing market. The Jacksonville, Fla.-based chain, which operates 170 stores mainly in the South and Southeast, opened its first Southland store in Poway earlier this year.
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BUSINESS
October 12, 2007 | Leslie Earnest, Times Staff Writer
A slew of major U.S. retailers warned of shrinking profits after reporting that sales in September were weaker than expected. Nordstrom Inc., J.C. Penney Co. and Stein Mart Inc. cut third-quarter per-share profit projections, along with Kohl's Inc., Limited Brands Inc., Coldwater Creek and American Eagle Outfitters Inc. Target Corp. cut its estimate for the fiscal year. Others issued warnings earlier in the month. Wal-Mart Stores Inc.
BUSINESS
July 11, 2013 | By Tiffany Hsu
A welcome trinity of factors -- perkier job prospects, summer temperatures and more affordable prices -- helped retail sales in June beat expectations. Same-store sales at shops open at least a year -- a measure that strips out the volatility of openings and closings -- rose 4.1% last month from the same period a year earlier, according to Retail Metrics Inc. The surge is the largest since sales swelled 5.1% in January. Retailers had struggled through the spring as they dealt with storms and chilly temperatures and “an economic soft patch,” said the group's president, Ken Perkins.
BUSINESS
May 8, 2001
Sagamore Realty Group sold the Westlake Plaza Centre 1 office complex at 2801 Townsgate Road in Westlake Village for $22 million to Dusengberg Investments Co. The buyer was represented by Brian Forester of Told Partners. Sagamore Realty Group represented itself. J.B. Oxford & Co. renewed its 10-year lease on 22,502 square feet of office space at 9665 Wilshire Blvd. in Beverly Hills for $11.2 million. The tenant was represented by Jeff Cowan of Julien J. Studley Inc.
BUSINESS
June 6, 2008 | Tiffany Hsu, Times Staff Writer
Shoppers, some armed with tax rebate checks, spent more than forecast at discount and wholesale stores in May and boosted U.S. retail sales. Analysts had anticipated a slow month as people grappled with the housing slump, stringent credit and skyrocketing gasoline prices. Even as checks from the federal economic stimulus package began arriving, many Americans funneled the money into savings or paid bills, and those who ventured into stores exercised caution, experts said Thursday.
CALIFORNIA | LOCAL
May 25, 1999 | KAREN ROBINSON-JACOBS
Hoping to hit pay dirt in Los Angeles County's lucrative but crowded retailing stream, several national and regional chains are staking a claim in the county's northern territory--in part because they are unable to find space closer to the mother lode. Last month, Stein Mart Inc., a Florida-based discount department store chain (think upscale Marshall's) opened its first Los Angeles County store in Stevenson Ranch, in the growing Santa Clarita Valley.
BUSINESS
November 28, 2002 | Leslie Earnest, Times Staff Writer
Using sex, cheap champagne and bargain-priced bracelets as bait, retailers around California and across the country are hoping to lure consumers out of the shopping doldrums and into stores this holiday season. A year ago, retail industry experts were calling the 2001 holiday season the most promotional ever.
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