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Advertising Age reports that Walmart is “readying a ‘Walmart on Campus’ store at the University of Arkansas in what appears part of a series of tests of smaller-format stores for the giant retailer.”

The 10,000 square foot store will replace a university-run operation, and reportedly will include a pharmacy.

• The Los Angeles Times reports that Walmart has decided to stay open on Christmas Eve until 8 pm, two hours later than last year, as it looks “to give shoppers even more time for last-minute purchases.”

In addition, the Times writes, Walmart “is extending the order cut-off date for its site-to-store service to Dec. 20 from Dec. 17, last year's cut-off date. The program allows customers to purchase items online and pick them up at a Wal-Mart near them.”

• Walmart said yesterday that it will delay its acquisition of China’s Trust-Mart until May 2011 “while certain conditions of the contract are being completed,” the retailer said in a statement. The company currently owns 35 percent of the company.
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