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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.
On September 17, 2019, Stage Stores announced plans to convert all remaining Stage, Bealls, Palais Royal, Peebles, and Goodys department store locations into Gordmans stores by the end of 2020. [15] This would mean that Stage Stores would completely exit the department store market and instead go all in as an off-price retailer.
Palais Royal at 11th and G streets NW. Palais Royal was a large department store in Washington, D.C. at 11th and G streets NW in the F Street shopping district.It also grew into a small chain before being purchased and merged into the Woodward & Lothrop chain.
Part department store, part discounter, Stage ran a host of chains, including Goody’s, Palais Royal, Peebles, and Gordmans. All liquidated and shut down in summer 2020, after the pandemic dealt ...
Timeline of former nameplates merging into Macy's. Many United States department store chains and local department stores, some with long and proud histories, went out of business or lost their identities between 1986 and 2006 as the result of a complex series of corporate mergers and acquisitions that involved Federated Department Stores and The May Department Stores Company with many stores ...
Retail sales charged back in January, giving a particularly big boost to department stores, which shot up a seasonally adjusted 23.5 percent compared with December, according to the Census Bureau.
Stage Stores operated 316 department stores in 19 states under the names Stage, Bealls and Palais Royal. [12] The purchase price was reportedly $92 million. [1] Stage Stores itself filed for Chapter 11 bankruptcy in May 2020 after failing to find a buyer for the chain. [13] [14]
The company then went on an outward expedition and moved into the Alexandria Mall. The company took over Palais Royal stores of Shreveport and acquired both Palais Royal Department Stores and The Depot Stores department stores. [1] The company then established a "modern" store in Monroe, before being purchased by Stage Stores, Inc., in 1997.
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