Fredericksburg.com - Giant buying Ukrop's; local store closing

search local
Follow us on Twitter Find us on Facebook

Get a printer-friendly version of this page. E-mail this story to a friend.
Make a post about this story on FredTalk.

William and Adelia Ayers shop at the Ukrop's store in Spotsylvania. It will close early next year.
file/SUZANNE CARR ROSSI/THE FREE LANCE-STAR

Visit the Photo Place

Giant buying Ukrop's; local store closing
Ukrop's to close Spotsylvania store

Date published: 12/18/2009

RICHMOND

--The Giant grocery store chain is buying Richmond-based Ukrop's, the two companies announced yesterday.

But the Spotsylvania County store is one of two not included in the sale and will close early next year, according to Bobby Ukrop, the chain's CEO.

The other store not included is Joe's Supermarket in Richmond.

Ukrop said the Fredericksburg-area Ukrop's is surrounded by four Giant stores, and "it didn't make sense" for Giant to buy another one. The local store has been open about 12 years.

He expects the store to close in early 2010 and said Ukrop's will work with store associates to find jobs either in Richmond-area Ukrop's stores or at other grocery retailers in the Fredericksburg area.

The news, announced at a press conference in Richmond, ends months of speculation about a possible sale of Ukrop's, a locally owned company that over 72 years had grown from one small store to a chain of more than 20, mostly in the Richmond area.

Jim Ukrop, one of the brothers who took over the Ukrop's chain from their parents, said competition had increased over the years, with big-box stores, club stores and discount stores selling many of the same products. Ukrop's size made it difficult to compete with larger companies that had greater buying power, he said.

"Our size limits our ability to succeed in today's increasingly competitive market," Jim Ukrop said.

He added that while the Ukrop's stores were urged to open their stores on Sundays or sell wine and beer, he doesn't believe that would have made much of a difference.

"It was not a long-term solution for a retailer of our size," he said.

Bobby Ukrop said the decision to sell was hard.

"Leaving the grocery retail business was a difficult decision for our family," Ukrop said. "We concluded that now was the right time."

But he said it was made easier by Giant's focus on local vendors, employees and on contributing to the community.

"They are a lot like us--similar values, similar culture," he said.

Nearly all of the Ukrop's stores that Giant is buying include branches of First Market Bank, which is being merged into Union Bank & Trust in a roughly $105 million deal expected to close early next year.


1  2  Next Page  


Date published: 12/18/2009



Most recent reader comments:

Viewing 5 out of 12 comments. (Sorted in reverse order, with most recent post at the top.)

Display comments on this page. | Sort:

PLEASE READ: These reader comments are not moderated. Each user is solely responsible for any message (s)he posts here. The Free Lance-Star does not endorse the views expressed within these comments. All users who post to this Web site must agree to the terms of the FredTalk User Agreement. We rely on our readers to police themselves, and report any content that violates our User Agreement. In accordance with our User Agreement, we reserve the right to remove any post at any time for any reason, and will restrict access of registered users who repeatedly violate our terms. Any reader can report inappropriate content by clicking the "Report this post to admins" link at the bottom of each comment. You need not be registered to report a post.

Wishing Your Co. could stay in business. (posted by TamaraLarimore , Jan. 26, 2010 3:37 pm)    0 likes
We discovered Ukrops 5 years ago. I love the organic section of your store and especially the employees and their kindness, and how they treat mothers with children; their selfless acts of kindess to carry your products to the car is truly the mindset of Christ. It is no wonder that Ukrops has done so well over the years honoring Godly principles in business; keeping the sabath Holy, honesty, kindness. Thank you for your rare but much appreciated service. Hope other co. will apply these Godly principles

I will miss the kindness (posted by PennyLane , Dec. 19, 2009 10:15 pm)    0 likes
of the employees - everyone was always so nice! We will miss the white house rolls and the excellent chicken salad! Wegman's is just a fancy grocery store - who do you think is paying for all the "hoopla" there - the customers! Also, the location is not convenient, especially for quick stops like bread, milk, etc. Ukrop's, we thank for your great service over the past serveral years - you'll be missed!

I will (posted by cd2 , Dec. 19, 2009 3:13 pm)    0 likes
truly miss ukrops and their employees who have always been so pleasant and helpful. I will the baked goods and the pharmacy and everything that made it such a hometown store. For me, the store was just the right size unlike Wegmans which I find too big.

Oh I forgot about the (posted by True_Bob , Dec. 19, 2009 12:15 pm)    0 likes
White House rolls. I will miss them. And the pharmacy. I like the idea of "reagent" furniture. A reagent is: A substance used in a chemical reaction to detect, measure, examine, or produce other substances. I think it was Regency Furniture that was going in there.

Wegmans (posted by tpifos , Dec. 19, 2009 10:16 am)    0 likes

What do you think?
Enter your FredTalk username and password to post a comment on this story. If you are registered on FredTalk or another part of this site, use that login here. Otherwise, you can just REGISTER here... .

Posting guidelines

1. Be respectful. No personal attacks.
2. Please avoid offensive, vulgar, abusive, hateful or defamatory language.
3. Agree to read & follow THE RULES.
4. Use the "report to admins" link for posts which violate the rules. 5. Keep it on-topic. Posts which contribute nothing of value to the conversation will be deleted.

Username:
Password:

Post title:


Please keep it brief (Limit is 512 characters). Please note, attempts to circumvent this limit by making
multiple posts back-to-back (ex: 'continued', 'part1, 2', etc) will be deleted.

Please make sure CAPS LOCK is off. Posts in ALL CAPS will be deleted.)


By checking this box, you agree to the terms of the FredTalk User agreement.









The Free Lance-Star fredericksburg.com 93.3 WFLS Print Innovators Classic Rock 96.9 99.3 The Vibe wntx radio