The phrase refers to the price of a specific brand of Scotch whisky, Old Parr 12, at Walmart retail locations. It represents the intersection of a particular alcoholic beverage, its age statement (12 years), and a major retailer. Understanding this combination involves assessing the cost of the whisky at a prominent and widely accessible vendor.
The price point of products like this spirit at establishments such as Walmart can influence purchasing decisions. Factors contributing to the specific cost include taxes, distribution agreements, promotional offers, and regional pricing strategies. The historical context of the Old Parr brand as a well-established Scotch whisky lends significance to its availability and affordability at mass-market retailers.