The item in question represents a plush toy manufactured by Squishmallow, featuring characters and themes from the television series Stranger Things, and sold at Walmart retail locations. These plush collectibles combine the popular Stranger Things franchise with the comfort and appeal of Squishmallows, making them desirable for fans of both.
The appeal of such an item lies in its dual nature. It serves as both a piece of merchandise from a widely popular show and a soft, huggable toy. Furthermore, its availability at a major retailer makes it accessible to a broad consumer base. The intersection of entertainment tie-ins, collectible trends, and retail availability contributes to its significance in the market.