Walmart is closing one of its Greater Cincinnati locations dues to it losing money.

The store at 1143 Smiley Ave in Forest Park will close on Friday, April 22, according to officials, who added that the decision was based on factors such as historical and current financial performance.

All employees at the Forest Park store will be eligible to transfer to other sites.

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The statement reads: “We are grateful to the customers who have given us the privilege of serving them at our Forest Park location. We look forward to serving them at our other stores in the surrounding communities and on walmart.com.”

Walmart, an Arkansas-based superstore business, will continue to have 12 locations in the Cincinnati area.

Forest Park leaders were surprised by the company’s decision, according to municipal officials, who added that they are optimistic the city will be able to attract fresh investment in the site.

City Manager Don Jones said: “While we never want a business to close, this decision allows us to re-evaluate our options and find the best possible solution for the city,”

“The subject property holds great value given its proximity to I-275, a growing number of businesses in the area, and first-class residential home. Our goal is to bring something new to the site that our residents want and need.”

Source: Cincinnati