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Former Wal-Mart executive buys stake in hardware store Gracious Home

from The Wall Street Journal (tiered subscription model)

A former Wal-Mart executive is hoping to breathe new life into Gracious Home, where New Yorkers have come for 50 years to buy $1,000 Miele vacuum cleaners, $300 Nespresso coffee makers and $20 Olympia tool sets. more

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