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. 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 Shreveport ( ) is a city in the U.S. state of Louisiana. It is the third most populous city in Louisiana after New Orleans and Baton Rouge, respectively. The Shreveport–Bossier City metropolitan area, with a population of 393,406 in 2020, is t ...

. 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 Wellan's is a defunct chain of American department store formerly headquartered in Alexandria, Louisiana. History Beginnings Wellan's Department Store started as a small store on Second Street in Alexandria and was founded by Louis Wellan. It ha ...

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 Chapter 11 of the United States Bankruptcy Code (Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as Chapter 11 bankruptcy, is available to every business, whe ...

, and that it would liquidate all locations, Palais Royal and Gordmans included, unless a buyer could be found for the chain. No buyer had been found, and going out of business sales had begun at all locations.

References

External links

Official website
(Archive)
A complete company profile from Reuters
Department stores of the United States Companies based in Houston American companies established in 1921 1921 establishments in Louisiana 2020 disestablishments in Louisiana Retail companies established in 1921 Retail companies disestablished in 2020 Companies that filed for Chapter 11 bankruptcy in 2020 {{US-retail-company-stub