By  on March 13, 2014

Stein Mart Inc. this year has budgeted $12 million to open 10 stores in what chief executive officer Jay Stein called its “most aggressive store opening plan in more than 10 years.”

The Jacksonville, Fla.-based off-price department store, which ended fiscal 2013 with 264 units, plans to open three stores this spring, including former Loehmann’s locations in the Miami and Washington, D.C., markets, and seven in the fall.

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