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Coronavirus Fallout Kills Buyout for Off-Price Retailer Stein Mart With 281 Stores

‘Unpredictable Economic Conditions’ Lead to Mutual Decision to Walk Away
By Jennifer Waters
CoStar News
April 18, 2020 | 2:57 P.M.

The depth and length of the coronavirus pandemic has claimed a buyout deal for off-price retailer Stein Mart by Kingswood Capital Management, a private equity group.

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