The song, with lead vocals by Susanna Hoffs, had been recorded for the band's 1988 album Everything but did not make the final track listing.
It was co-written by Susanna Hoffs with Eric Lowen and Dan Navarro of Lowen & Navarro and features a barbershop quartet-style a capella bridge.
The Bangles broke up in late 1989, and a Greatest Hits album was released in 1990 to fulfill the band's contractual obligations with Columbia Records.
In the UK, a new remix of "Walk Like an Egyptian" was released instead.
With the band no longer operative, the single relied solely on radio play and its music video for promotion and performed poorly on the charts, only charting in the Netherlands at number 41 in July 1990.