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17.09.2019 14:42:39

Stein Mart launches buy online, pickup in store service nationwide

Stein Mart Inc. said Tuesday that it is launching buy online, pickup in store (BOPIS) service at all 283 locations nationwide. Stein Mart expects that 15% of online orders will be picked up in stores, driving traffic and the likelihood of additional sales. Throughout the year, Stein Mart has been adding digital features, including mobile technology that allows sales associates to locate items and check out customers. Stein Mart stock has fallen 60.4% over the past year while the S&P 500 index is up 3.8% for the period.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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