Walmart Drops Prices 50% to Clear Inventory

By Douglas A. McIntyre Updated Jan 31, 2:07AM EST · Published Jan 13, 7:49AM EST

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Walmart Drops Prices 50% to Clear Inventory — © YvanDube / Getty Images

Walmart Inc. (NYSE: WMT | WMT Price Prediction), 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.

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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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About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.