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Stein Mart Launches Online Store

JACKSONVILLE, Fla., Sept. 6, 2013 (GLOBE NEWSWIRE) -- Stein Mart, Inc. (Nasdaq:SMRT), today announced the launch of its highly anticipated online store. Stein Mart is one of the first off-price retailers to extend their offering of current season, brand name fashion apparel for women and men, as well as accessories, linens and home décor at everyday discount prices through an online store.

"We are excited to announce that we are in the e-commerce business and happy to be able to serve our customers who like to shop online," said Jay Stein, Chief Executive Officer. "As we learn more and grow this business, we anticipate that this channel will rapidly become our largest flagship 'store'."

The online store offers a significant selection of our brick-and-mortar store merchandise, plus unique online-only offerings. Customers are encouraged to visit the site often, as we will be adding more merchandise categories, including a limited selection of shoes, over the next several weeks. 

The key driving force for opening the online store was to expand our customer base and offer our loyal customers 24-hour access to shop wherever its convenient - an opportunity that many Stein Mart's customers have asked for and anticipated. Now customers can see our great fashion, brands and prices, develop a wish list of favorite items, view the latest coupons and connect with Stein Mart through social media at our online store.

About Stein Mart:

Stein Mart stores offer the fashion merchandise, service and presentation of a better department or specialty store, at prices competitive with off-price retail chains. Currently with locations from California to Massachusetts, Stein Mart's focused assortment of merchandise features current season, moderate to better fashion apparel for women and men, as well as accessories, shoes and home fashions. For more information about Stein Mart or to find your nearest location, please visit www.steinmart.com .

SMRT-G

CONTACT: Linda Tasseff
         Director of Investor Relations
         (904) 858-2639
         ltasseff@steinmart.com

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