Palais Royal Inc.
TypeDepartment store
IndustryRetail
Founded1921
Defunct2020
FateBankruptcy
HeadquartersHouston, Texas
ProductsApparel, accessories, cosmetics, footwear, and housewares
ParentStage Stores, Inc. (1994-2020) BrandX.com (2022-present)
WebsiteArchived official website at the Wayback Machine (archive index)

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.[4] Milton Levy passed away that same year.[5] 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-doot 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.[6]

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.[7][8]


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. [9] 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.[10]

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.[11] 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.[12] 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.[13]

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.[14] No buyer had been found, and going out of business sales had begun at all locations.[15] By September 2020, all stores were closed.[16]

Store Locations

Palais Royal Store Locations Partial Listing
LocationAddressCityStateYear OpenedYear Closed
Downtown 1st location620 Main Street, one roomHoustonTexas1921moved 1923
Downtown 2nd location"Main at Capitol"[4]HoustonTexas1923moved 1926
Downtown 3rd location700–6 Main Street, Bankers Mortgage Building,[17][18] now Great Jones BuildingHoustonTexas1926moved 1953
Downtown 4th location708 Main Street, Gulf Building, formerly Sakowitz store[6]HoustonTexas1953moved 1969
Downtown 5th location617 Main Street (now Kirby Lofts)HoustonTexas19691990[7]
Rice Village2521 University Blvd[19]HoustonTexas19501990
Pasadena 1st location107 S. Shaver[20]PasadenaTexas1952moved 1962
Spring Branch8054 Long PointHoustonTexas19551987
MeyerlandHoustonTexas19552020
Oak Forest1343 W. 43rd St.HoustonTexas19602010
Pasadena 2nd locationPasadena Plaza[21]PasadenaTexas19621994
Pasadena 3rd locationPasadena Town SquarePasadenaTexas19822000[22]
Uptown HoustonPost Oak at San FelipeHoustonTexas19631986
Almeda MallHoustonTexas19682020
Northwest MallHoustonTexas19682017
Town & Country VillageHoustonTexas19691994

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. 1 2 "Palais Royal Opens New Home". The Houston Post. 24 August 1923. p. 1. Retrieved 13 November 2023.
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  6. 1 2 "Gulf Building; Leases, Palais Royal, 1953 | ArchivesSpace Public Interface". archives.library.rice.edu. Retrieved 13 November 2023.
  7. 1 2 "Advertisement: 917 Main Houston Palais Royal closing". Abilene Reporter-News. 20 July 2000. p. 4. Retrieved 13 November 2023.
  8. Rutledge, Tanya (27 August 2000). "Bankrupt retail chain sets Stage to auction off leases in 30 states - Houston Business Journal". Houston Business Journal. Retrieved 13 November 2023.
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  13. "Off-price concept to replace Palais Royal, Mooyah scouts Galveston sites". 5 October 2019.
  14. Bhattarai, Abha (May 11, 2020). "Stage Stores files for bankruptcy, says it will liquidate more than 700 stores if it can't find a buyer". Philadelphia Inquirer. Retrieved 2020-05-12.
  15. TERRI HARBER, The Daily News (August 6, 2020). "Stage parent company scraps plan for conversion into Gordmans". Mohave Daily News. Archived from the original on 2020-08-05. Retrieved 2020-08-14.
  16. https://www.facebook.com/PalaisRoyal/photos/a.389927424365513/3707583725933183/
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