Ukrops Closing Mooretown Rd. Store – Retains Option to Reopen
December 31st, 2008 by WY Daily Staff
Citing the slowing housing market causing slower than expected residential growth near in the Lightfoot area of greater Williamsburg, Ukrops announced plans to close its Mooretown Road location on February 1st.
The store opened in October of 2006.
“We opened the Lightfoot store in anticipation of the significant growth expected along the I-64 corridor,” wrote company president Robert Ukrop in a letter to customers yesterday.
“However, the current housing slowdown, impacting the Williamsburg area as it has the rest of the country, suggests that development will be sluggish, at least for the foreseeable future.
“Given these circumstances, it simply does not make good business sense to keep two stores open in such close proximity; however, should the situation change, we do have the option of reopening.”
Ukrops said pharmacy prescriptions will be shifted to the Monticello Marketplace store on January 31st and the First Market Bank located at Mooretown Road will remain open until March 31st.
The Mooretown Road store closure will result in Ukrops owning 28 stores statewide, most being in the Richmond area.