Walmart Just Cut This Annual Event Despite Amazon's Success — Eat This Not That

The retailer is throwing in the towel to do its own thing.

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The heavy discounting has been a result of a recent inventory surplus that has plagued both the big blue box store and Target following a consumer cutback on post-pandemic spending. Looking to downsize, it has started adding more items to the clearance rack to make way for essential categories, like groceries, in its warehouses.

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