Gracious Home, the luxury home-goods chain, is paying its second visit in six years to bankruptcy court, the New York Post reported today. The 53-year-old retailer, which describes itself as possessing “timeless New York elegance,” said in the chapter 11 filing “there is a viable business remaining, albeit on a smaller scale.” The filing in Manhattan bankruptcy court indicates that six of its top creditors are landlords. Sales in 2016 are expected to reach $43 million, down 20 percent from 2015, according to the filing.
