Business in Richmond took a double blow today - one macro and one micro.
First, on the macro level, Blockbuster's bid for Circuit City became public. I knew Circuit City hadn't been doing very well in the last few years. I guess it is time for something to happen. Obviously this is not good for Richmond; be prepared to say goodbye to yet more executive positions and young professionals drawn to Richmond by Circuit City recruiters. Also, caulk up another failure for Richmond in the "corporate headquarters" column. Two down in the last 12 months - nice...
Second, Ukrop's is closing its Grace and Harrison Street store. Honestly, I'm too young to remember what the lower Fan was like before the Ukrop's was located there. This loss is obviously not of the same magnitude as mentioned above, but I personally think it is a blow to Richmond's urban growth. The lower Fan is where the excitement has to generate - directly out of the college campus. It would seem to me that the area is dense enough to support a full-fledge grocery store. So what was the problem? The Fan District Hub posted an open letter to Ukrop's from reader Rad Tollett, part of which stated:
You can blame poor sales, but the reality is you never tried to make
this store work. Frankly, you targeted the wrong demographic — the
Community Pride demographic. You chose to stock your aisles with items
that Kroger (Lombardy and Broad) offered at a better, more affordable
rate. Moreover, you were blind to the demands of the wealthier and more
socially conscious demographic right out your back door.
Ukrop's was targeting a broad demographic. I don't think the answer would be to place an exclusive, upscale grocery store in that location - leaving many of the residents of the area with still few options when it comes to grocery shopping. The "area" includes shoppers not only from the Fan, but Jackson Ward, Monroe Ward, Oregon Hill, and a few neighborhoods across the expressway. I wonder how many of the "wealthy" Fan residents that Tollett speaks of regularly passed up the Grace Street location to visit the more spacious Carytown location - not simply because of the enhanced aesthetics, and a slightly better selection, but because of the mixed clientele (income, race, age, etc) that frequented Grace Street? Would it make sense for Ukrop's to stock a large section of organic vegetables and exotic meats if they weren't selling? I think, if you have any faith in Ukrops' management team at all, you would agree if "higher quality" goods were in demand, they would surely have stocked those items. For the record, I never had trouble finding an item I needed.
I'm sad to see the store close, but so goes business. I will no longer have a grocery store within walking distance of my house. It will be interesting to see who the next tenant will be.
UPDATE: Just thought I'd share a comment posted by a reader of another Richmond blog reporting the Ukrop's story, The Lost Art of the City. It seems to shed light on the argument I am trying to make here:
I always drive to the Cary St Kroger...That Laburnum store is too much.
Recent Comments