Two years after a former Walmart executive and her business partner acquired luxury hardware store chain Gracious Home, a discount chain’s founder has bought the business out of bankruptcy.

Tom Sullivan, who started flooring discounter Lumber Liquidators, bought New York’s Gracious Home retail operation for $4 million in late June, real estate publication Commercial Observer reports.

Sullivan left Lumber Liquidators in December, exiting his role on the beleaguered company’s board of directors, according to a company filing with the U.S. Securities and Exchange Commission.

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