University Book Store, Inc.will close its Bellevue store on Feb. 15. The store is located on 102nd Avenue Northeast in downtown Bellevue.
University Book Store has served the Eastside community for 30 years. The building in which the store resides is owned by University Book Store, Inc. Other tenants of this building include Y’ves Delorme, Zeeks Pizza, Nancy Wallace Pilates and Salon 990. Leases between University Book Store and these tenants will remain unchanged.
Louise Little, CEO, stated, “While we have enjoyed success over those 30 years, the retail environment has changed significantly. We believe our business, and the trust which governs our operations, will be better served by leasing the space that our store currently occupies to another retail tenant. We have appreciated the opportunity to be a part of the Bellevue community and it is our intention to continue to be part of that community at a new location yet to be confirmed. We will continue to serve our Eastside customers through our University District, Mill Creek and Tacoma stores, and at ubookstore.com.”
Since 1964, University Book Store has been organized as a for-profit corporate trust to benefit University of Washington students, faculty and staff. All profits not required for store operations or growth are returned to the UW community through lower textbook prices, discounts, scholarships and other benefits. Seven stores currently operate throughout the Puget Sound area.