Gracious Home acquired by Americas Retail Flagship Fund

NEW YORK - Gracious Home, a home goods retailer with stores in New York City's Upper West and Upper East side neighborhoods, as well as online at gracioushome.com, was acquired by Americas Retail Flagship Fund LLC. The company under its prior ownership had filed for bankruptcy protection in August.

"All of us at Gracious Home are highly motivated about our future and look forward to partnering with such experienced investors who understand and respect the Gracious Home values and customer-focused culture," said Jordan Smilowitz, president and COO, "and we greatly appreciate the patience and support of our employees, steadfast vendors and loyal customers as we grow our business with them."