Jay Stein


April Retail Comp Sales Jump Past Estimates

Only a handful of major retailers still release monthly sales results

New York—After being foiled by winter storms and bad weather and a later Easter, retailers today reported a comparable store sales … [Read more...]

Stein Mart Q4 Profit Falls But Beats Estimates

steinmart

Jacksonville, FL—Stein Mart Inc. today said its fourth quarter profit dropped due to lower sales and one-time charges but adjusted … [Read more...]

Storms, Shopper Fatigue Chill January Comp Sales

Frigid temperatures and heavy snowfall stymied shoppers and retail employees last month

New York—January is normally the slowest month at retail, but this year the Arctic whammy from a polar vortex chilled sales more … [Read more...]

December Comp Sales Were Up—But at a Price?

Blizzard Tarnish December Retail Sales

New York—Discounts may have helped comparable store sales rise 2.7% in December, but that stronger-than-expected increase often … [Read more...]

Stein Mart Q3 Returns to Profit, Sales Up

Holiday Happening: Gift cards at Stein Mart

Jacksonville, FL—Stein Mart Inc. posted Thursday a return to third quarter profit as sales continued to increase.For the … [Read more...]

Promotions Helped Lift October Comp Sales Above Estimates

Shopping

New York—Political gridlock, a government shutdown and fears that the United States would default helped to deflate consumer … [Read more...]

Stein Mart (Finally) Premieres Its Online Store

Stein Mart

Jacksonville, FL—Fulfilling what Chairman/CEO Jay Stein told analysts “is the most important thing we’re going to do this year,” … [Read more...]

Stein Mart Q2 Profit Jumps on Better Sales, Margins

Coming soon: Stein Mart.com

Jacksonville, FL—Stein Mart today reported that its second quarter profit jumped 47.8% as the off-price retailer’s sales and … [Read more...]

Week in Review: Top Accessories, Retail Stories

stuartvevers

New York--Life has its ups and downs and this week had plenty of gains and losses.On the gain side, Saks Inc., parent to Saks … [Read more...]

Jay Stein Appointed CEO at Stein Mart

Jay Stein

Jacksonville, FL—Jay Stein, interim chief executive officer at Stein Mart since September 2011, has been appointed permanent chief … [Read more...]

May Retail Comp Sales Better Than Expected

Warmer weather brought consumers out to shop in stores like Buckle in May.

New York—While many retailers have been reporting recently that their first quarter sales were stifled by unseasonable cold, their … [Read more...]

April Comp Retail Sales: “Generally Weak”

April Retail Sales

New York—Ingredients such as inclement and colder-than-normal weather, worries over sequestration and its effects and the … [Read more...]

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