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Ashley HomeStore and Hobby Lobby to Move into Old Costco Building

Construction is underway inside Medford's old Costco building off Highway 62. Two companies are expected to move inside and open later this spring.

Posted: Jan. 10, 2018 5:16 PM
Updated: Jan. 10, 2018 7:21 PM

MEDFORD, Ore.- Construction is underway inside Medford's old Costco building off Highway 62. Two companies are expected to move inside and open later this spring. 

Ashley HomeStore is moving in after 14 years at the Medford Center. Workers are putting up sale signs and getting ready to move inventory fast. Once everything is sold from the Medford Center location, the new Ashley HomeStore will open inside the old Costco building.

Brent Loogman, the store co-owner says, "We are currently in a 32,000 ft.² here and we're going to be any 47,000 ft.² which gives us a lot more room to represent a lot more the collections that we carry."

The renovation at the new store is expected to cost over $2 million dollars. Plus it'll cost another million dollars to stock the place with new furniture collections.

Loogman says, "We are not going to take any of this with us, we're going to be setting up a whole new store over there so it's easier for us to sell everything off here at a fraction of the cost and move it."

The $3 million dollar liquidation starts Thursday morning. The Medford Center says at this time, there is not another company lined up to move into Ashley HomeStore's existing storefront.

The other company moving into the empty Costco building is Hobby Lobby. This Medford location will be Hobby Lobby's 5th store in Oregon.

The company expects to open in April and create 35 to 50 new jobs.

Hobby Lobby has over 500 stores nationwide with more than 15,000 employees.

In 2014 the company went to the Supreme Court to decide whether for-profit companies can deny contraception coverage to employees on religious grounds. Hobby Lobby won the case, but one local says people will decide if they agree with the ruling with their wallets.

Nick Sullivan says, "People will vote with their dollar, so if they disagree on whatever the company is views are in this case it's a religious thing I think that the market dictates."

Sullivan says companies should be able to do business in Medford, regardless of political stance.

Nick says, "No matter what company it is they do have the right to come in and do business and again people will do whatever they think is right."

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