Stein Mart, Inc. (Stein Mart) is a national retailer offering the fashion merchandise, service and presentation of a department or specialty store. The Company offers fashion apparel for women and men, as well as accessories, shoes and home fashions. It operated 262 stores in 29 states as of January 28, 2012. Its typical store is approximately 35,000 gross square feet with a racetrack design, centralized check-out, and individual dressing rooms. The Company�s stores offer a range of services, such as liberal merchandise return policy, merchandise locator service, a Preferred Customer program, a Stein Mart Platinum MasterCard and electronic gift cards. The Company�s wholly owned subsidiaries include Stein Mart Buying Corp. and Stein Mart Holding Corp. During the fiscal year ended January 28, 2012 (fiscal 2011), it closed five stores.