Stein Mart is beefing up its presence in the Chicago area.
The off-price retailer will open a 33,600-sq-ft. store at the redeveloped Deerbrook Mall, and a 31,200-sq.-ft. store at Willowbrook Town Center, in a redeveloped Kmart location. The new locations will up Stein Mart’s presence in the market to seven locations.
“We like to be in better regional shopping centers with other retailers that appeal to our customer, so these centers were clear choices for us,” said Hunt Hawkins, CEO, Stein Mart, which operates 289 stores across 30 states.
This news follows the company’s recent announcement of its second quarter earnings and the turnaround in its business.