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Off-pricer retailer sets 2017 expansion
It’s going to be a busy spring for Stein Mart. The Florida-based chain will open five stores this spring –– the first phase of its 2017 store plan to open a total of 11 new stores. The remainder of the locations will open in the fall. “These new stores fall within our real estate strategy to grow sales by filling existing markets where we are doing well,” said Hunt Hawkins, CEO of Stein Mart, which operates 290 stores. -
Online giant extending brick-and-mortar footprint
Online giant extending brick-and-mortar footprint. Amazon is taking its bookstore concept to the San Francisco Bay Area, which has a reputation for supporting independent bookstores. The company will open a bookstore at Broadway Plaza, an open-air center in Walnut Creek, California, reported the San Francisco Gate. Although no opening date was given, but Amazon is in the process of staffing up the store.

