Advertisement

Stein Mart Hires Hilco Streambank to Sell Off its IP

1-steinmart3

Off-price retailer Stein Mart, which filed for bankruptcy in August, has hired Hilco Streambank to put the brand’s intellectual property (IP) up for sale. Hilco Streambank will receive a percentage of the proceeds from a potential sale.

Depending on who purchases the IP, a sale may allow Stein Mart to come back to life via ecommerce or even brick-and-mortar stores, following the same path as once-defunct retailers Toys ‘R’ Us and Charming Charlie, among others.

Prior to its bankruptcy filing and liquidation, Stein Mart was operating 281 stores in 30 states.

Advertisement

Featured Event

Join the retail community as we come together for three days of strategic sessions, meaningful off-site networking events and interactive learning experiences.

Advertisement

Advertisement

Access The Media Kit

Interests:

Access Our Editorial Calendar




If you are downloading this on behalf of a client, please provide the company name and website information below: