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Stein Mart being revived online

Stein Mart stores may be closed, but the brand is being revived. Online, at least.

Retail Ecommerce Ventures came to its rescue. The investment firm invests in brands it believes can thrive online. REV announced Wednesday that it had purchased the intellectual property of bankrupt Stein Mart for $6 million and will receive private-label brands, domain name and customer data. An online-only store is expected to launch in early 2021.

Stein Mart joins REV’s recent acquisition of Pier 1 Imports. The company’s stable of brands also includes Dressbarn, Modell’s Sporting Goods and RadioShack.

Related Photos
Stein Mart is returning as an online-only store.

Stein Mart is returning as an online-only store.

<figure><img src="//cdn2.newsok.biz/cache/r960-6fcc5ee6b30885dbbdd5c8bee31deb6e.jpg" alt="Photo - Stein Mart is returning as an online-only store." title="Stein Mart is returning as an online-only store."><figcaption>Stein Mart is returning as an online-only store.</figcaption></figure>
Linda Miller

Linda Miller always has loved makeup and fashion, especially shoes and handbags. She admits to owning more lipsticks and glosses than many makeup artists, but she's not giving up a single tube. When she got the opportunity to move from... Read more ›

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