Ira A. Watson Co., more commonly known as Watson's was a department store chain based in Knoxville, Tennessee, the company was purchased for $4.45 million by which United States chain of department stores owned by Stage Stores, Inc. and headquartered in Houston, Texas?
Watson's (United States):  The company was purchased for $4.45 million by Peebles with the transaction closing June 29, 1998. Peebles (store): Peebles is a United States chain of department stores owned by Stage Stores, Inc. and headquartered in Houston, Texas.
Peebles