Shares of Stein Mart (SMRT) are down 7.3% after the firm announces its CEO has retired. The...

|About: Stein Mart, Inc. (SMRT)|By:, SA News Editor

Shares of Stein Mart (SMRT) are down 7.3% after the firm announces its CEO has retired. The fashion retailer has seen declining same-store sales, and its stock has dropped 30% for the year.