Stein Mart Accelerates Growth

The announcement follows the news that Stein Mart sales grew 7.3 percent in the fourth quarter of fiscal 2014 and 4.3 percent overall last year.

The first of the new stores to open will be in the Cupertino in March, marking the company's first location in the San Francisco Bay area. Ten additional stores will be added from September through November in locations across the U.S.