First the neighborhood supermarket closed. Now it’s the hardware store.

The True Value Hardware store on Janesville’s south side has displayed signs advertising a liquidation sale over the last few weeks. The store, a retail staple on the south side for more than five decades, is closing—likely by May, owner Tami Larson said.

Larson said the True Value store experienced a sharp drop-off in foot traffic after the General Motors plant was shuttered in 2009. In the decade since, the local economy has recovered, but foot traffic to the hardware store at 1516 Center Ave. never rebounded.

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