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To close down or cease operations due to being crushed by a larger, more powerful rival, usually due to the rival's unfair competitive advantage.
Bob's Hardware was walmarted out of existence.
walmarted by James August 23, 2004

Walmartization 

The deliberate restructuring of American corporations to benefit the wealthy owners and stockholders while cheating the workers out of a living wage and benefits.
The Walmartization of American is creating plenty of resentment and a widening gap between the "haves" and "have-not"
Walmartization by Jones Jenkins December 1, 2013

People-of-WalMarted 

The act of qualifying and being photographed for www.PeopleofWalmart.com whilst actually in a WalMart.
I just People-of-WalMarted that dude with the pink hot pants.

That dress she has on should be People-of-Walmarted.

OMG, I was taking a pic in WalMart of some dude and my belly was sticking out of my t-shirt and I almost People-of-Walmarted MYSELF!
People-of-WalMarted by hersheymike January 23, 2010
To censor a previously cool thing, such as censoring a movie to have no blood, into something meant for daily church-going grandmothers.
"Face down, ass up that's the way we like to play chess." What the hell, that was totally walmarted.
walmarted by Dan the Wordman October 26, 2006
Take an item or an idea or basically anything that you didn't create yourself and then present a cheaper version as your own.
Suzy walmarted Martha Stewart's Platinum Napkin Rings ($50/ea) when she used aluminum foil in the same design and sold them for 50 cents each.
walmarted by Charlotte December 3, 2003
They really WalMarted their car by not taking care of it.
WalMarted by A Jackson May 22, 2006