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The Northwest Arkansas Business Journal reports that Walmart is building its first convenience store, in Bentonville. It will open by spring 2014.

“We know this type of convenience store is popular with customers,” Walmart spokesperson Deisha Barnett tells the Business Journal. “We’re excited about the opportunity to test a new store and learn.”

Walmart says that there are no plans to build additional c-stores.
KC's View:

But we all know that Walmart has an increasing fascination with small store concepts. This may just be a toe in the water, but there's no doubt in my mind that Walmart is perfectly willing to go swimming in the c-store ocean if profitability and relevance can be proven. Though, as the Neighborhood Market experience shows, it won't necessarily be a brief process.