Palais Royal (department store)

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. In 1928, Palais Royal relocated to 706 Main. 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.

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. In 1953 the Downtown Houston store expanded again. This time moving to the more upscale former Sakowitz location at the intersection of Main and Rusk.[5][6] 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]

• Official website (Archive)
• A complete company profile from Reuters