However Stein Mart the business does fit into a single profile…regrettably so. And make no mistake about it, Stein Mart has been struggling. In 2019 alone, nearly half of all retail bankruptcies involved companies owned by private equity. For Stein Mart, the options were very limited. It’s questionable if private equity ownership will do any better.

Source: Forbes February 01, 2020 08:48 UTC