Stein Mart files for bankruptcy amid pandemic turmoil Media mogul Sumner Redstone dies at 97 ... Clark … Merchandise Assistant Scoop NYC. PETERSBURG, Fla. (AP) — National discount department store chain Stein Mart filed for bankruptcy on Wednesday after 112 years in business, and announced that it will close most, if not all, of its 280 stores.“The combined effects of a challenging retail environment coupled with the impact of the Coronavirus (COVID-19) pandemic have caused significant financial distress on our business," wrote Chief Executive Officer Hunt Hawkins in a news release.
The Company lacks sufficient liquidity to continue operating in the ordinary course of business.
As of May 30, the company employed about 8,400 people. Crew; J.C. Penney; Neiman Marcus; Men’s Wearhouse; Jos. ... Women's Accessories and Shoes. (James Schaeffer / Las Vegas Review-Journal)Circa CEO Derek Stevens, who also owns D Las Vegas and Golden Gate, said he had originally planned to fix a misplaced glass panel, but it may be here to stay.Circa Las Vegas casino gets 1st six-ton exterior sign - VideoThe under-construction Circa hotel-casino in downtown Las Vegas gets its first exterior sign bearing its name Thursday morning.
It began reopening in April, and eventually reopened all of its stores with reduced hours. (Las Vegas Review-Journal)Station Casinos president dies in watercraft accident - VIDEORichard Haskins, president of Red Rock Resorts Inc. and Station Casinos, died Saturday in a watercraft accident in Michigan, according to a statement released by the company. I ended up getting a $150 pair of the shoe the salesman said was the most comfortable one.
Steve Sisolak said bars in four counties, including Clark County, will remain closed to help fight COVID-19. (Michael Quine/Las Vegas Review-Journal)Amid the pandemic, Southern Nevadans are falling behind on mortgages - VideoAs Nevada’s foreclosure moratorium ends, homeowners must figure out how to pay off any missed mortgage payments. (Michael Quine/Las Vegas Review-Journal)Sisolak: Bars in four counties to stay closed - VIDEOGov. Bank; Stage Stores; and Ascena Retail Group, which owns Lane Bryant and Ann Taylor.© 2020 Entercom Communications Corp. All rights reserved.
(James Schaeffer / Las Vegas Review-Journal) Stein Mart credit card payment.
Among them: America’s oldest retailer, Lord & Taylor; J. Down on the Las Vegas Strip tourists reacted on camera to the news.
Many of the stores are located in community shopping centers. ‘Cat’ burglar is after shoes in Pennsylvania neighborhood Video.
Stein Mart has more than 280 stores in 30 states specializing in clothing, shoes and housewares at discount prices.
(Michael Quine/Las Vegas Review-Journal)Sahara Las Vegas gets COVID-19 regulatory complaint - VIDEOSahara Las Vegas is the first property on the Las Vegas Strip — and the first in Southern Nevada — to receive a regulatory complaint related to coronavirus safety protocols. (Las Vegas Review-Journal)Safety measures have been set up at the Amazon warehouse in North Las Vegas.
A liquidation sale has begun at most stores, the company said.A news release said the bankruptcy filing would, pending court approval, allow the company to continue its current operations, including paying wages to workers and to vendors.The release said company executives are “evaluating any and all strategic alternatives, including the potential sale of its eCommerce business and related intellectual property.”More than a dozen nationwide retailers have filed for Chapter 11 bankruptcy since the coronavirus pandemic began in March.Anticipating that out-of-state travel won’t pick up until a vaccine is widely available, possibly by next April, the Commission on Tourism wants Nevadans to spend here.The 60-acre orchard, which offers Las Vegans fresh produce that they can pick themselves, has plenty of space for visitors and social distancing for those in line.