Walmart Dumps Its 2022 Shopping Fest; Adopts Different Route Versus Amazon To Clear Excess Inventory

Walmart Inc  (NYSE: WMT ) has dumped its shopping extravaganza for 2022 that overlapped with Amazon.com Inc  (NASDAQ: AMZN ) Prime Day, CNBC reports . Yet this year, much of Walmart's merchandise is already on sale. Bright yellow "Clearance" signs have become a fixture in many stores in recent weeks, and Walmart's website touted thousands of Rollbacks, a signature term for the discounter's 90-day price cuts, ... Full story available on Benzinga.com