BIRMINGHAM, Ala. (WBRC) – Kirkland’s Home and Bed Bath and Beyond have announced that they will be closing their doors on the Oxford Exchange.
More and more retail businesses continue to be hit by the pandemic and the increase in online shopping. But how will the elimination of the two big box stores affect one of the largest retail spaces in the city?
Oxford spokeswoman Lorie Denton says she had known for a while that these stores were closing and they already had offers for new businesses looking to move to these locations.
She said the demand for space on the Oxford Exchange has skyrocketed.
Denton adds that the city is fortunate to be selective in its choice of retail stores in the area. You really want to focus on starting new and different businesses that you can’t usually find in small towns like Oxford. Denton says, despite feeling the ill effects of the pandemic, the city has been a launch pad for new business.
“After the first two months, our numbers started rising and they haven’t stopped. In 2021 alone, the city of Oxford opened over 50 new retail stores, ”says Denton. “We had a band severance last week. We have one next week. We are very excited about the many big announcements coming soon in 2022. “
Denton residents can expect more stores to move into vacant buildings and new stores to open by the end of the year.
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