A stent configured for implantation in a body lumen includes a plurality of radially expandable circumferential segments, and an axially expandable connecting member connecting adjacent circumferential segments of the plurality. The stent has a relaxed, axially contracted configuration in which the connecting member is contracted axially and each circumferential segment is nested with at least one adjacent circumferential segment. The stent also has a delivery, axially expanded configuration in which the connecting member is expanded axially, and an axial distance between adjacent circumferential segments of the plurality is greater than when the stent is in its relaxed configuration.