Gracious Home Retailer Files for Bankruptcy


High-end retailer of home furnishings, Gracious Home has filed for bankruptcy protection. Among the types of furnishings sold by Gracious Home are bedroom furnishing, kitchen appliances and bath items. You could buy $345 bed trays or Giza Jacquard duvet covers for $1,575 there. But all this could change once Gracious Home goes under bankruptcy.

The New York based luxury home good retailer started off as a mere hardware store in Manhattan’s Upper East Side in 1963. Since then it has blossomed into 6 locations in Manhattan. Its President and Chief Operating Officer, Jordan Smilowitz said that the stores will continue operations during the bankruptcy.

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