Estimated read time: Less than a minute
This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.
RICHMOND, Va. (AP) — Walmart plans to open a store on Virginia Commonwealth University's campus as part of a pilot program.
Walmart and the university announced the project Wednesday in a news release. The 4,100-square-foot store is expected to open in late 2014 or early 2015.
The store will be Walmart's fifth under a pilot program called Walmart on Campus. The existing stores are located at the University of Arkansas, Arizona State University, Georgia Tech and the University of Missouri.
Walmart has signed a lease for the store with the VCU Real Estate Foundation. The foundation owns a seven-story building under construction that will house the store on the first floor. Classrooms and administrative offices also will be located in the building.
Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.