Britney Spears -- Christmas Time at Walmart

Britney Spears is rollin' back the prices on her holiday shopping -- with a low budget excursion to a Los Angeles area Walmart yesterday ... yes, they have Walmarts in L.A.


Store employees tell us Brit Brit usually comes by every year around the holidays to buy Xmas toys and other seasonal goodies -- no word on what she bought this time.

Britney's BF Jason Trawick was MIA for the shopping spree -- but Brit did have a bodyguard watching her back as she cruised through the aisles.