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Sam Stein, a Russian immigrant, arrived in American in 1905. He built a successful business selling good merchandise at low prices. That model was further refined by his son, Jake, who grew the family store until it covered an entire city block. But it was Sam's grandson, Jay Stein, who set Stein Mart on the path to national expansion. It was his vision that made Stein Mart into a "hybrid" cross between a department store or a specialty shop and an off-price retailer.
Today, Stein Mart is headquartered in Jacksonville, Florida.