Walmart Stores In CT To Cut Prices On These Items: What You Need To Know

CONNECTICUT — Walmart advised investors this week that the rise in consumer inflation dictated the retail leviathan reduce its prices for clothes.

The ploy to move inventory off the shelves while Connecticut residents' buying power is getting hammered by high gas and food prices will benefit customers at all 33 Walmart locations in the state.

"The increasing levels of food and fuel inflation are affecting how customers spend, and while we've made good progress clearing hardline categories, apparel in Walmart U.S. is requiring more markdown dollars," President and CEO Doug McMillon said in a news release.

Food inflation is double digits and higher than at the end of the second quarter, according to the retailer, and that is affecting customers' ability to spend on other merchandise categories. Walmart's solution is more markdowns to plow through the inventory, especially apparel.

Target made a similar decision in June, when it announced that changing buying habits were leading the company to mark down some items but raise prices on others.

While Walmart may be sacrificing some haberdashery mark-up during these tough times, it has advised investors the chain is making "continued market share gains in grocery." Food and consumables sales traditionally lagged behind apparel and general merchandise purchases at the retailer, according to a July 26 CNN Business report.

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Here are the towns where Walmart does business in Connecticut:

• Avon
• Branford
• Bristol
• Brooklyn
• Cromwell
• Danbury
• East Windsor
• Groton
• Guilford
• Hamden
• Hartford
• Lisbon
• Manchester
• Milford
• Naugatuck
• New Haven
• New Milford
• Newington
• North Windham
• Norwalk (2)
• Norwich
• Old Saybrook
• Putnam
• Rocky Hill
• Shelton
• Southington
• Stratford
• Torrington
• Wallingford
• Waterbury
• Waterford
• West Haven