Thanksgiving Price Battles

The Lempert Report
November 01, 2023

Thanksgiving is right around the corner. Walmart, Aldi and Costco want to start a rumble. First, Walmart came out and they said 92% of their customers are concerned about inflation and the impact on the holidays. As a result, what they're saying is not necessarily what they're doing. What they're saying is they're going to remove inflation from two traditional Thanksgiving meal package options that you can buy either online or in store. And when I say remove inflation, yes, they're doing it on these two packages, but not across the board. One of the options comes with ingredients to create a Thanksgiving meal from scratch and the other comes with ready-to-bake options. They're available starting November 1st through December 26th. And also Walmart included the notice that they're going to close their stores on Thanksgiving for the fourth year in a row to give their employees time to celebrate. Costco has gone even further, where they're selling a huge Thanksgiving dinner including a five-pound turkey breast, stuffing, mashed potatoes, turkey gravy, mac and cheese, sweet corn, green beans, dinner rolls, cranberry relish and apple pie. It sells for $199.99. Works out to roughly $25 a person. If you have eight people now, you've got to place an order for it by November 5th and the kits will be delivered between November 8th and 17th. Lot of food, and Thanksgiving is not till the 23rd. 

Farm Bureau 2022 Thanksgiving Stats

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