Just got back from Walmart and picked up 10 yards of Waverly fabric for $1 / yard. I wasn't thrilled with the quality of this fabric - it is much rougher than Moda, but this is excellent fabric for experimenting or testing embroidery and quilting styles.
The sales associate that assisted me said that this fabric wasn't moving on her shelves. She had many bolts that were not on sale that she said were more popular with the crafters. She also said the corporation was moving to more pre-cuts as has been mentioned before.