Walmart to Test Small-Format University Store

Bentonville, Ark.-based Wal-Mart Stores Inc. has announced plans to test a small-format store, with the launch of a first-of-its-kind, on-campus location at the University of Arkansas. According to the company, the 10,000-sq.-ft. store will open in January and is part of the retailer’s plan to launch more small- and medium-size stores in 2011. The big-box retailer has said there are many opportunities in the United States for small-format stores in urban areas where its traditional format has trouble entering. Currently, Walmart operates more than 8,600 retail units under 55 different banners in 15 countries. SAVE | EMAIL | PRINT