Stein Mart was founded by Sam Stein in 1908. The first store was located in Greenville, MS. The stores originally carried general merchandise.
Sam died in 1932 and his son, Jake Stein, took over the company. Jake shifted the focus toward discount clothing.
Jake was succeeded by his son, Jay. Jay Stain grew the company from 3 stores in 1977 to 123 stores by 1996. Jay stepped down as CEO in 2002 but resumed his CEO role in 2011 after the resignations of Michael D. Fisher and Linda McFarland Farthing.
The company currently has over 260 stores in 30 US states. The Stein Mart corporate office is located in Jacksonville, FL.