Stein Mart's bankruptcy to eliminate most stores. The combined effects of a challenging retail environment coupled with the impact of the Coronavirus (COVID-19) pandemic have caused significant distress in Stein Mart's business. More than 40 retailers have filed for Chapter 11, including more than two dozen retailers who filed since the pandemic began, such as America's oldest retailer Lord & Taylor, J. Crew, J.C. Penney, Neiman Marcus, among others. Papyrus, a mall-based retailer of stationery and upscale greeting cards announced in January it would be closing all 254 of its US and Canadian stores, including 19 in Southern California (including Arcadia at Westfield Santa Anita mall).