Walmart Drops Prices 50% to Clear Inventory

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Walmart Inc. (NYSE: WMT), like most retailers, did not sell all the inventory it ordered for the holiday season. That is almost certainly the reason it has put a large number of items on sale for 50% off.

Although it is well into 2019, Walmart calls its sale the “end of year clearance.” Ironically, many of the items on sale are Christmas decorations. Most of this inventory is Christmas trees and lights.

It is no surprise to see toys on the list, and some are from among the most famous toy manufacturers in the country. The Disney Minnie Mouse Large Plush doll is among the hundreds of toys on sale. So is the Pokemon Fall Tin 2015. No one outside Walmart knows whether it just ordered too many of these toys or they were unpopular to an extent Walmart could not have forecast.

Some of the consumer electronics Walmart has on its clearance list are also well-known brands. These include the Apple iPad Air 2 Wi-Fi + Cellular 16GB Gold, the SAMSUNG 5″ Class 4K (2160P) UHD Smart LED TV and a number of the Dell Inspiron laptops.

Looked at overall, the Walmart clearance items run across many of its departments, with a few exceptions like groceries. Walmart has listed items from electronics, toys, automotive, furniture, kitchen and dining, clothing, jewelry and watches, babies and toddlers, pets, offices, and beauty and wellness. That does not leave much left.

It is Christmas in January, at least at Walmart.

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