Stein Mart announced the locations of its five new stores opening this fall to complete its 2017 store plan to open a total of 10 new stores this year. "We look forward to introducing our customers to these new locations where they will always find great values on the best designer and name brand merchandise, in an attractive, easy-to-shop setting," said Hunt Hawkins, CEO of Stein Mart. "With new merchandising initiatives and a new marketing campaign being launched this fall, we invite all of our customers — new and loyal — to come see and hear what's new at Stein Mart this fall." Click Read More below for additional details.

FY23 first quarter service performance scores covering Oct. 1 through Dec. 9 included: *First-Class Mail: 91.7 percent of First-Class Mail delivered on time against the USPS service standard, a decrease of 1.4 percentage points from the fiscal fourth quarter. The current data reflects a year over year increase of one percentage point compared to the same period in the FY22 peak holiday season. *Marketing Mail: 94.1 percent of Marketing Mail delivered on time against the USPS service standard, a slight decrease of 0.7 percentage points from the fiscal fourth quarter. The current data reflects a year over year increase of 1.9 percentage points compared to the same period in the FY22 peak holiday season. *Periodicals: 85.5 percent of Periodicals delivered on time against the USPS service standard, a decrease of 1.3 percentage points from the fiscal fourth quarter. The current data reflects a year over year increase of 3.5 percentage points compared to the same period in the FY22 peak holiday season.

Back in 2019, we launched Walmart Health centers. During our five-year journey, we made meaningful impacts with patients while continuing to learn, pivot and evolve. While our mission to help people save money and live better remains, today we are sharing the difficult decision to close Walmart Health and Walmart Health Virtual Care. Through our experience managing Walmart Health centers and Walmart Health Virtual Care, we determined there is not a sustainable business model for us to continue. The decision to close all 51 health centers across five states and shut down the virtual care offering was not easy. We understand this change affects lives – the patients who receive care, the associates and providers who deliver care and the communities who supported us along the way. This is a difficult decision, and like others, the challenging reimbursement environment and escalating operating costs create a lack of profitability that make the care business unsustainable for us at this time.