The retailer is cutting prices on more than 400 Walmart-branded items for the first time in years as part of its efforts to reduce the retail footprint of Walmart-owned chains.
The price cuts come amid an uptick in Walmart-associated sales in recent months.
The company posted a 7.3 percent increase in sales last quarter.
The moves come as Walmart is exploring ways to lower its retail footprint, according to a person familiar with the matter.
Walmart is in the midst of a multiyear deal with Target to sell more of its groceries.