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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]
Martin Equipment Company was subsequently founded to manufacture specialized dry cleaning equipment, later becoming part of American Laundry Machinery in Ohio. The number of Martinizing franchises saw significant growth during the 1950s and 1960s, with franchisees required to pay a fixed annual fee and adhere to specific equipment and ...
This was accelerated by the 1980s oil glut which affected Houston's economy. Sam Wisialowski, president of the Y'alls Texas Store chain, stated that sales were declining annually by about 25 to 30 percent at its Sharpstown store when the chain decided to close said store in 1990. [5]
Fortune 500 companies based in Houston [1]: Rank Company name 12: ExxonMobil: 48: Phillips 66: 60: Sysco: 105: Enterprise Products Partners: 106: Hewlett Packard Enterprise: 127: Plains GP Holdings
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