Fair Pricing PolicyWe strive to offer our customers true everyday value. Our "Compare at" price is based on input from our suppliers. We are reasonably certain that it represents the original price of the same item or a comparable item at department stores, specialty stores or other full-price stores. Our “Compare at” price may not be the starting price posted by all full-price stores, and some stores may offer substantial discounts off the suggested retail price. We are not like many other retailers that offer “High/Low” pricing. These stores initially price their merchandise at unrealistically high prices, intending to promptly offer discounts. At Stein Mart, everyday discount prices are in place from the start. We shop our competitors year-round and believe that we offer consistently better values – even when compared to “on sale” or “discounted” prices at department and specialty stores. When we advertise a price as “XX% Off,” we mean that it has been reduced by XX% from our initial everyday value price. The final sale price is calculated from our initial price, although we may have taken intermediate markdowns. |
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