Palais Royal (department store) explained

Palais Royal Inc.
Type:Department store
Foundation:1921
Defunct:2020
Location:Houston, Texas
Industry:Retail
Fate:Bankruptcy
Products:Apparel, accessories, cosmetics, footwear, and housewares
Parent:Stage Stores, Inc. (1994-2020)BrandX.com (2022-present)

Palais Royal was an American chain of department stores, owned by Stage Stores, Inc. and headquartered in Houston, Texas, that specialized in retailing brand name apparel, accessories, cosmetics, footwear, and housewares.

Brands exclusively found at Palais Royal included Valerie Stevens, Signature Studio, Sun River, Rustic Blue, Rebecca Malone, Wishful Park.

History

Palais Royal originated in 1921 in Downtown Houston, at 620 Main Street, as a small one room shop owned by Milton Levy.[1] [2] [3] Two years later, a larger space was needed, and the store relocated to the corner of Main and Capital. Milton Levy passed away that same year.[4] Isadore Erlich moved to Houston from Dallas in 1937 and purchased a controlling interest, and became president of Palais Royal.

Flagship store

The flagship store in Downtown Houston was relocated several times again; in 1928 to 700–6 Main at the Bankers Mortgage Building, now called the Great Jones Building, where it would remain for a quarter century.

When next-door competitor Sakowitz department store moved to a new flagship building at 11th and Main, Palais Royal moved into its rival's old quarters at the next-door landmark Gulf Building, 708 Main Street, in 1953.

In 1969, when Neiman Marcus moved its Houston store from 614 Main (Kirby Lofts) to what would become The Galleria, the Downtown Palais made its final move taking over Neiman's old quarters, where it would stay for another three decades until permanently closing in 2000.[5] [6]

Expansion

As their sales and popularity continued to grow, Palais Royal began an expansion; and opened their first branch location in the Rice Village area of Houston in 1950. This was followed with the first location outside of the Houston city limits, in suburban Pasadena, Texas in 1952.

1955 brought additional branch stores to the northwestern Spring Branch, Houston neighborhood; and also to the Meyerland, Houston area.[7] The Oak Forest area of Houston gained their own local branch in 1960.

By 1960, Palais Royal had successfully expanded and grown into a company with six stores in the Houston area, and one store in Shreveport, Louisiana. In addition to the Palais Royal stores, Palais Royal also operated two stores under the Worth's name in Beaumont, Texas, and one Worth's store in Orange, Texas.[8]

Upon Erlich's death in 1968, Palais Royal was still expanding, and Erlich had announced plans to construct three more stores. His surviving widow, Moselle Erlich (Pollack), took over the presidency of Palais Royal.[9] She was elected chairman in 1979, and relinquished her former post to Bernard Fuchs.

Bernard Fuchs was responsible for overseeing Palais Royal during their greatest period of growth, including the $300 million purchase of the 152 store Bealls (Texas-based department store) chain.[10] The combined company was renamed Specialty Retailers. The continued success of Specialty Retailers allowed them to purchase the Fashion Bar/Stage chain of 76 stores in 1992. In 1994 the name of the company was changed to Stage Stores.

The stores were bought by Wellan's of Alexandria, Louisiana in 1985.

In 2019, it was announced that parent company Stage Stores Inc planned to convert all Palais Royal stores to the Gordmans banner, along with Stage Stores' other chains.[11]

On May 10, 2020, Stage announced it had filed for Chapter 11 Bankruptcy, and that it would liquidate all locations, Palais Royal and Gordmans included, unless a buyer could be found for the chain.[12] No buyer had been found, and going out of business sales had begun at all locations.[13] By September 2020, all stores were closed.[14]

Store Locations

Palais Royal Store Locations Partial Listing
Location Address City State Year Opened Year Closed
Downtown 1st location620 Main Street, one room Houston Texas 1921 moved 1923
Downtown 2nd location"Main at Capitol"[15] Houston Texas 1923 moved 1926
Downtown 3rd location Houston Texas 1926 moved 1953
Downtown 4th location 708 Main Street, Gulf Building, formerly Sakowitz store[18] Houston Texas 1953 moved 1969
Downtown 5th location 617 Main Street (now Kirby Lofts) Houston Texas 1969 1990
2521 University Blvd[19] Houston Texas 1950 1990
Pasadena 1st location 107 S. Shaver[20] Pasadena Texas 1952 moved 1962
8054 Long Point Houston Texas 1955 1987
Houston Texas 1955 2020
1343 W. 43rd St. Houston Texas 1960 2010
Pasadena 2nd location Pasadena Plaza[21] Pasadena Texas 1962 1994
Pasadena 3rd location Pasadena Texas 1982 2000[22]
Uptown HoustonPost Oak at San Felipe Houston Texas 1963 1986
Houston Texas 1968 2020
Houston Texas 1968 2017
Town & Country Village Houston Texas 1969 1994

External links

Notes and References

  1. https://infoweb.newsbank.com/apps/news/document-view?p=AMNEWS&t=pubname%3A14DB39C1C40322B4%21Houston%2BChronicle&sort=YMD_date%3AA&maxresults=20&f=advanced&val-base-0=%22palais%20royal%22%20%22meyerland%22&fld-base-0=alltext&docref=image/v2%3A14DB39C1C40322B4%40EANX-NB-162044709A862286%402436020-162039613A2B3E85%4028-162039613A2B3E85%40
  2. https://infoweb.newsbank.com/apps/news/document-view?p=AMNEWS&t=pubname%3A14DB39C1C40322B4%21Houston%2BChronicle&sort=YMD_date%3AA&maxresults=20&f=advanced&val-base-0=%22palais%20royal%22%20%22bernard%22&fld-base-0=alltext&docref=image/v2%3A14DB39C1C40322B4%40EANX-NB-15A7A7432E1A3695%402423656-15A7A32F07EE9502%4016-15A7A32F07EE9502%40
  3. https://infoweb.newsbank.com/apps/news/document-view?p=AMNEWS&t=pubname%3A14DB39C1C40322B4%21Houston%2BChronicle&sort=YMD_date%3AA&maxresults=20&f=advanced&val-base-0=%22palais%20royal%22%20%22main%20and%20rusk%22&fld-base-0=alltext&docref=image/v2%3A14DB39C1C40322B4%40EANX-NB-15B41D04C3F3391D%402424444-15B3818B7A9914FD%4023-15B3818B7A9914FD%40
  4. https://infoweb.newsbank.com/apps/news/document-view?p=AMNEWS&t=pubname%3A14DB39C1C40322B4%21Houston%2BChronicle&sort=YMD_date%3AA&fld-base-0=alltext&maxresults=20&val-base-0=%22moselle%20erlich%22&f=advanced&docref=image/v2%3A14DB39C1C40322B4%40EANX-NB-162D1F85ADC72ACE%402439868-162D1DE7B85B1288%400-162D1DE7B85B1288%40
  5. News: Advertisement: 917 Main Houston Palais Royal closing . 13 November 2023 . Abilene Reporter-News . 20 July 2000 . 4.
  6. News: Rutledge . Tanya . Bankrupt retail chain sets Stage to auction off leases in 30 states - Houston Business Journal . 13 November 2023 . Houston Business Journal . 27 August 2000.
  7. https://infoweb.newsbank.com/apps/news/document-view?p=AMNEWS&t=pubname%3A14DB39C1C40322B4%21Houston%2BChronicle&sort=YMD_date%3AA&page=6&maxresults=20&f=advanced&val-base-0=%22palais%20royal%22%20%22shaver%22&fld-base-0=alltext&docref=image%2Fv2%3A14DB39C1C40322B4%40EANX-NB-161DF76475275A52%402435285-161DF6027A27C4BA%400&origin=image%2Fv2%3A14DB39C1C40322B4%40EANX-NB-161DF76475275A52%402435285-161DF60A63B534A5%4020-161DF60A63B534A5%40
  8. https://infoweb.newsbank.com/apps/news/document-view?p=AMNEWS&t=pubname%3A14DB39C1C40322B4%21Houston%2BChronicle&sort=YMD_date%3AA&page=3&maxresults=20&f=advanced&val-base-0=%22palais%20royal%22%20%22oak%20forest%22&fld-base-0=alltext&docref=image/v2%3A14DB39C1C40322B4%40EANX-NB-161F4356C7F3CB9C%402437098-161F42998148C4D9%40102-161F42998148C4D9%40
  9. https://infoweb.newsbank.com/apps/news/document-view?p=AMNEWS&t=pubname%3A14DB39C1C40322B4%21Houston%2BChronicle&sort=YMD_date%3AA&fld-base-0=alltext&maxresults=20&val-base-0=%22moselle%20erlich%22&f=advanced&docref=image/v2%3A14DB39C1C40322B4%40EANX-NB-1638A296949A6DC9%402440745-1637A41426354C17%40126-1637A41426354C17%40
  10. https://infoweb.newsbank.com/apps/news/document-view?p=AMNEWS&t=pubname%3A14DB39C1C40322B4%21Houston%2BChronicle&sort=YMD_date%3AA&fld-base-0=alltext&maxresults=20&val-base-0=%22moselle%20erlich%22&f=advanced&docref=image/v2%3A14DB39C1C40322B4%40EANX-NB-1721BE4F0A9AD718%402450478-171E5C338EADB88E%4041-171E5C338EADB88E%40
  11. Web site: Off-price concept to replace Palais Royal, Mooyah scouts Galveston sites . 5 October 2019 .
  12. Web site: Stage Stores files for bankruptcy, says it will liquidate more than 700 stores if it can't find a buyer. Bhattarai. Abha. May 11, 2020. Philadelphia Inquirer. en-US. 2020-05-12.
  13. Web site: TERRI HARBER, The Daily News. August 6, 2020. Stage parent company scraps plan for conversion into Gordmans. 2020-08-14. Mohave Daily News. en. 2020-08-05. https://web.archive.org/web/20200805032847/http://www.mohavedailynews.com/news/stage-parent-company-scraps-plan-for-conversion-into-gordmans/article_85a1ab8e-d613-11ea-81c0-176a65cabc90.html. dead.
  14. https://www.facebook.com/PalaisRoyal/photos/a.389927424365513/3707583725933183/
  15. News: Palais Royal Opens New Home . 13 November 2023 . The Houston Post . 24 August 1923 . 1.
  16. Web site: Bankers Mortgage Building; Palais Royal, 1936-1953 ArchivesSpace Public Interface . archives.library.rice.edu . 13 November 2023.
  17. News: Gonzales . J. R. . The evolution of the Great Jones Building . 13 November 2023 . Bayou City History . 15 December 2010.
  18. Web site: Gulf Building; Leases, Palais Royal, 1953 ArchivesSpace Public Interface . archives.library.rice.edu . 13 November 2023.
  19. https://infoweb.newsbank.com/apps/news/document-view?p=AMNEWS&t=pubname%3A14DB39C1C40322B4%21Houston%2BChronicle&sort=YMD_date%3AA&page=3&maxresults=20&f=advanced&val-base-0=%22palais%20royal%22%20%22village%22&fld-base-0=alltext&docref=image/v2%3A14DB39C1C40322B4%40EANX-NB-16121FA389037D54%402433504-16121B9800E76F5E%4060-16121B9800E76F5E%40
  20. https://infoweb.newsbank.com/apps/news/document-view?p=AMNEWS&t=pubname%3A14DB39C1C40322B4%21Houston%2BChronicle&sort=YMD_date%3AA&page=20&maxresults=20&f=advanced&val-base-0=%22palais%20royal%22%20%22spring%22&fld-base-0=alltext&docref=image/v2%3A14DB39C1C40322B4%40EANX-NB-161CF35D339019AA%402434238-161B49E168817080%4013-161B49E168817080%40
  21. https://infoweb.newsbank.com/apps/news/document-view?p=AMNEWS&t=favorite%3A14DB39C1%21Houston%2BChronicle%2BHistorical%2BArchive&sort=YMD_date%3AA&fld-base-0=alltext&maxresults=20&val-base-0=%22palais%20royal%22%20%22pasadena%20plaza%22&docref=image/v2%3A14DB39C1C40322B4%40EANX-NB-162485F916A6E0CF%402437770-1624848B61C89175%4030-1624848B61C89175%40
  22. Web site: Palais Royal (5782 Fairmont Pkwy, Pasadena) . Facebook . 13 November 2023.

This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "Palais Royal (department store)".

Except where otherwise indicated, Everything.Explained.Today is © Copyright 2009-2024, A B Cryer, All Rights Reserved. Cookie policy.