Palais Royal (Houston-based department store)

Last updated
Palais Royal Inc.
Type Department store
Industry Retail
Founded1921
Defunct2020
Fate Bankruptcy
Headquarters Houston, Texas
ProductsApparel, accessories, cosmetics, footwear, and housewares
Parent Stage Stores, Inc.
Website Archived 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, TX, that specialized in retailing brand name apparel, accessories, cosmetics, footwear, and housewares.

Contents

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

History

The company was founded in 1921 by Isadore Erlich in Shreveport, Louisiana. Upon his death in 1968, his wife, Moselle Erlich (Pollack), took over the presidency. She relinquished the post to Bernard Fuchs in 1979 and was elected chairman. The stores were bought by Wellan's of Alexandria, Louisiana in 1985.

In 1994, the company was purchased by Stage Stores, formerly known as Specialty Retailers Inc., the current owner of the stores.

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.

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. [1] No buyer had been found, and going out of business sales had begun at all locations. [2]

Related Research Articles

Mervyn's was an American middle-scale department store chain based in Hayward, California, and founded by Mervin G. Morris (1920–2021). It carried national brands of clothing, footwear, bedding, furniture, jewelry, beauty products, electronics, and housewares. Many of the company's stores were opened in shopping malls; however, some locations were operated independently. Based on 2005 revenue, Mervyn's was the 83rd largest retailer in the United States.

Winn-Dixie Supermarket chain in the southeastern United States

Winn-Dixie Stores, Inc., is an American supermarket chain headquartered in Jacksonville, Florida. Winn-Dixie operates approximately 500 stores in Florida, Alabama, Louisiana, Georgia, and Mississippi. The company has had its present name since 1955 and traces its roots back to 1925.

Belk American retail chain

Belk, Inc. is an American department store chain founded in 1888 by William Henry Belk in Monroe, North Carolina, with nearly 300 locations in 16 states. Belk stores and Belk.com offer apparel, shoes, accessories, cosmetics, home furnishings and wedding registry.

SuperFresh is a supermarket brand owned by Key Food Stores which operates in New York City and its New Jersey suburbs. The company currently operates twenty supermarkets.

G. R. Herberger Inc. is a department store chain founded in 1927 with locations throughout the Midwestern United States. The chain was sold in the late 1990s amid growing consolidation in the department store industry, while continuing to operate as a separate nameplate and later sharing a corporate division headquartered in Milwaukee, Wisconsin, with Carson's, Bergner's and other regional chains by the close of the century. The company's parent company Bon-Ton filed for bankruptcy in 2018 and liquidated.

Kaspien Holdings, Inc. is an American company that provides software and services for ecommerce. Kaspien Holdings operates on Amazon in the United States, Canada, United Kingdom, Spain, France, Italy, Germany, the Netherlands, Sweden, and India, as well as Walmart Marketplace, eBay, Google Shopping, and Target. Its CEO is Kunal Chopra, who's held the position since September 2019.

Bon-Ton Holdings Inc. is an American online retailer and former department store chain founded in 1898. After rapid expansion in the 1990s and early 2000s, the original company had financial troubles, ultimately filing for bankruptcy in 2018 before being sold and liquidated. In September 2018, CSC Generation began operating as an online retailer headquartered in Merrillville, Indiana, with plans to open brick and mortar locations. In early 2021, CSC Generation sold all the acquired assets of Bon-Ton to New York-based BrandX.com, Inc in a private sale and included other brands such as Bergner's, Boston Store, Carson's, Elder-Beerman, Herberger's, and Younkers.

Goodys (store)

Goody's Family Clothing Inc. was an American chain of department stores, owned and operated by Stage Stores and headquartered in Houston, TX. It specialized in retailing on-trend apparel, accessories, cosmetics, footwear, and housewares.

Marsh Supermarkets Defunct grocery chain based in central Indiana

Marsh Supermarkets was an American retail food chain headquartered in Indianapolis, Indiana, with a peak number of 86 stores in 2013 located throughout central Indiana and parts of western Ohio. Its eventual parent company was Sun Capital Partners, headquartered in Boca Raton, Florida.

Stage Stores American retail company

Stage Stores was a department store company specializing in retailing off-price brand name apparel, accessories, cosmetics, footwear, and housewares throughout the United States. Stores were usually located in shopping malls and centers or in standalone locations. The corporate office was located in Houston, Texas.

Bealls Inc. is an American retail corporation of over 500 stores founded in 1915 in Bradenton, Florida. Headquartered in Bradenton, Florida since its founding in 1915, the family-owned corporation now operates more than 550 stores under the names of Bealls, Bealls Outlet, Burkes Outlet, and Home Centric. The CEO of Bealls Inc. is Matt Beall.

Peebles (store)

Peebles was an American chain of department stores owned by Stage Stores, Inc. and headquartered in Houston, Texas.

Gordmans Defunct American retailer

Gordmans was a chain of Midwestern off-price department stores founded in Omaha, Nebraska. The chain was owned by Stage Stores since March 2017. In 2019, Stage Stores began converting other retail chains it owned into Gordmans stores, with the goal of having 700 Gordmans stores in 42 states by the end of 2020. In May 2020, Stage Stores filed for Chapter 11 bankruptcy and began liquidating its stores. Although a buyer for Stage could have prevented liquidation, Stage later announced that they would proceed with going out of business sales at all locations.

Bealls (Texas) American department store chain

3 Bealls Holding Corp. was an American chain of department stores, owned by Stage Stores Inc. and headquartered in Houston, TX. The store specialized in retailing desirable brand name apparel, accessories, cosmetics, footwear, and housewares.

Charlotte Russe (retailer) Clothing retail chain store

Charlotte Russe is an American clothing retail chain store that operated in the United States, headquartered in San Francisco, California. Fashions in the stores are targeted at women in their teens and twenties. The company owns and operates stores in 45 states. As of June 2014, Charlotte Russe operates 560 stores, mostly in malls and shopping centers. It filed for Chapter 11 bankruptcy on February 4, 2019. It was announced on March 7, 2019 that it would be closing all of its remaining stores and would be attempting to sell the brand's intellectual property. In April 2019 the company under new ownership has announced on its website that it will reopen 100 retail locations. After the company announced it was closing its stores, the brand was sold to Toronto-based YM Inc., according to a press release.

Mainland City Centre, formerly known as Mall of the Mainland, is a shopping mall located off the Emmett F. Lowry Expressway near Interstate 45 in Texas City, Texas. It was opened in 1991. The mall has 800,000 square feet (74,000 m2) of space. The mall was closed in late 2014 due to declining tenancy before re-development began in 2015.

Richland Mall is a 708,249-square-foot (65,798.5 m2) regional shopping mall in Waco, Texas owned by CBL & Associates Properties located on 77 acres (31 ha). The mall opened in 1980. It has 95 stores with five anchors. The anchor stores are JCPenney, Dick's Sporting Goods, 2 Dillard's stores, and Shoe Dept. There are 2 vacant anchor stores that were once Dillard's and Gordmans.

Southeastern Grocers Supermarket portfolio headquartered in Jacksonville, Florida

Southeastern Grocers is a supermarket portfolio headquartered in Jacksonville, Florida. The portfolio was created by Lone Star Funds in September 2013 as the new parent company for Harveys, Winn-Dixie, and Fresco y Más. Southeastern Grocers was rated #31 in the Forbes 2015 ranking of America's Largest Private Companies. In February 2017, Anthony Hucker was appointed as President and CEO of Southeastern Grocers.

References

  1. 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.
  2. TERRI HARBER, The Daily News (August 6, 2020). "Stage parent company scraps plan for conversion into Gordmans". Mohave Daily News. Retrieved 2020-08-14.