Walmart offers the Smith ProLounger Wall Hugger Microfiber Recliner in six colors (Dark Brown pictured) for $199 with free shipping. That's tied with last week's mention as the lowest price we've seen. (It's the best deal now by $18.) This recliner requires only 4" of clearance from the wall and features a steel reclining mechanism, high-density foam cushions, stain-resistant microfiber upholstery, and full chaise pad. It measures 68" x 40" x 28".
Walmart also offers the recliner in Khaki for $215 with free shipping.