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In this video tutorial, Justin Conway, a Microsoft Excel expert, demonstrates how to remove drop-down boxes in Excel while retaining specific values. He explains that to keep a value, such as "apples," in a cell without the drop-down, you should access the Data Validation settings. By changing the 'Allow' option from "List" to "Any Value," you can keep the existing value while removing the drop-down functionality. This method can be applied to individual cells or to a whole range of cells containing drop-downs. Additionally, he mentions alternative options for removing all data, including right-clicking or using commands for MacBook users.