You're near the Cleveland area, right? I wish the WMs down here in central Ohio would put the fabrics back! One store manager told me awhile back that they weren't "on the list".
What a wonderful deal. When ours switched to super, they did not have that kind of sale. I would have bought several bolts at a time too. Good for you to find that deal.
Walmart $1 and $2 clearance fabrics are the staple of my daughter's fabric supply - great price to pay for fabric used for learning to sew / beginner projects!