Money Stein Mart to close all stores in bankruptcy amid COVID-19 pandemic. Liquidation sales expected to start soon August 12, 2020 Kelly Tyko, USA TODAY Comments Off on Stein Mart to close all stores in bankruptcy amid COVID-19 pandemic. Liquidation sales expected to start soon Off-price retailer Stein Mart is the latest in a long list of businesses to file for bankruptcy amid the COVID-19 pandemic and will close all stores.