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.
Take Charge of Your Retirement In Just A Few Minutes (Sponsor)
Retirement planning doesn’t have to feel overwhelming. The key is finding expert guidance—and SmartAsset’s simple quiz makes it easier than ever for you to connect with a vetted financial advisor.
Here’s how it works:
- Answer a Few Simple Questions. Tell us a bit about your goals and preferences—it only takes a few minutes!
- Get Matched with Vetted Advisors Our smart tool matches you with up to three pre-screened, vetted advisors who serve your area and are held to a fiduciary standard to act in your best interests. Click here to begin
- Choose Your Fit Review their profiles, schedule an introductory call (or meet in person), and select the advisor who feel is right for you.
Why wait? Start building the retirement you’ve always dreamed of. Click here to get started today!
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.
You can follow him investing $500,000 of his own money on our top AI stocks for free.