Business News

Kirkland’s moving to Exchange center


Kirkland’s Home Decor is moving from its 3437 Wrightsboro Road location to a larger space in the Augusta Exchange shopping center – the old Borders book store location, which has been divided into two stores. Ulta Cosmetics will occupy the other half of the space.

Amber May, an assistant manager at Kirkland’s, said the new location is more than 8,000 square feet and allowed the store to hire 20 employees.

“We have exciting new products and more space to display them,” she said.

Kirkland’s has nearly 300 locations in 30 states across the country. It was founded in 1966.

Kirkland’s expects to be in the new location by early March.

Home sales up in nation, Augusta

U.S. home resales rose to a 1½ year high in January, pushing the supply of properties on the market to the lowest level in almost seven years in a hopeful sign for the housing sector.

And the Augusta area saw the highest January sales numbers since 2008.

The National Association of Realtors said on Wednesday that existing home sales increased 4.3 percent to an annual rate of 4.57 million units last month, the fastest pace since May 2010.

There were 299 homes sold in January, according to the Greater Augusta Association of Realtors. The last time it was higher was in January 2008, when 309 homes were sold that month.

In other news

THE CONSUMER Financial Protection Bureau said Wednesday that it will investigate bank overdraft fees, including how they are marketed and explained to customers. The agency said the probe could result in additional rules, perhaps even lawsuits.