7, 2023."We expect to welcome tens of millions of customers in our stores this Thanksgiving season, and we want them to know they can count on us, Aldi U.S. "You're going to see Kroger, Albertson's, ShopRight - just about everybody else wanting to get our money," he added.Īn earlier version of this story was originally published on Oct. Make sure you have that shopping list and look at the circulars," Lempert said of the upcoming "price war." "Whether it's food or getting ready for guests, people are buying early," Furner also said.Īccording to experts, one way to help maximize your dollar is to shop early for things that won't spoil and opt for generic over name-brand products. "It could be that turkey is gonna be less expensive this year than in previous years."Īs Americans have seen shifts in supply chains, changes in consumer habits and other financial impacts that came out of the pandemic, Furner said "it's been an interesting couple years - from last year, when inflation really started, things like food and consumables picked up and we more people eating at home." ![]() "Last year, bird flu caused panic with over 60 million birds having to be cold now, so far it's only hit about 180,000 birds," Lempert said. Turkey is now $1.27 per pound, down 22% since the same time last year, thanks in part to a decrease in avian flu that previously sent prices soaring, and thus, has helped produce more turkeys. Egg prices are back down by 28.8% from last year, now costing $2.07 on average. Other staple items such as potatoes will cost more this year, up 2.7%. ![]() You just go and try to find the best price." Swanson explained that unlike recent years past, "this Thanksgiving supply chain is doing very well the stores have good product availability." He suggested that shoppers "keep your eyes open for features and promotions, because this year you're not going to worry about not finding it. Ham prices are at an all-time high, reaching up to $4.56 per pound in September, up 5% from last year.Ĭonsumers can expect to pay about 20% less for fresh cranberries compared to a year ago, but canned cranberry fans will be faced with prices up 60% from last year, Wells Fargo data found. The centerpiece of the table - fresh whole turkey - will cost about 9% less this year, averaging $1.47 per pound. "Turkey is kind of the exception to the rule this year that is actually cheaper than a year ago."Īccording to Wells Fargo's annual report, while inflation has started to slow down, some staples for dinner may still have higher price tags. Michael Swanson, Wells Fargo Agri-Food Institute's chief agricultural economist told ABC News. "Things are going to be a little bit more expensive this year than last year," Dr. ![]() Inflation in October was up 3.7% from a year ago, according to Moody's Analytics, and American households were spending approximately $235 more per month on the same goods and services than they spent a year ago. Cost projections for Thanksgiving groceries and ingredients Meanwhile, Meijer said it will mark down Meijer-branded turkeys to 59 cents per pound, the same price at which the grocery chain said it sold turkeys back in the 1930s. Other retailers including Aldi have announced savings up to 50% on a list of 70 Thanksgiving items, including gravy, potatoes, pumpkin pies and stuffing mixes. The holiday meal baskets are available for online order, pickup and delivery, and are available in store as well. "Walmart's Thanksgiving meal includes customers' favorites and fixings including many national brands, from turkey (for under $1/lb.!) and ham to stuffing and pumpkin pie," a Walmart press release stated. There will be two purchasing options: one with ingredients for customers who want to cook from scratch, and one for customers that like more convenient, ready-to-bake options. The holiday food basket at Walmart will be offered at the lower price through Dec. It includes must-have staples: a 10-pound frozen Good & Gather Premium Basted Young Turkey, 5 pounds of Good & Gather Russet Potatoes, a 14.5-ounce can of Good & Gather Cut Green Beans, one 10.5-ounce can of Campbell's Cream of Mushroom Soup, a 14-ounce can of Ocean Spray Jellied Cranberry Sauce, one box of Stove Top Turkey Stuffing Mix, and a 12-ounce bottle of Heinz HomeStyle Roasted Turkey Gravy.įor shoppers who plan to host a larger feast, Target suggests doubling this list to serve eight guests.Īdditionally, Target has a wide range of $5 side dishes from Good & Gather, including Caesar salad, seasoned sweet potato and vegetables, and macaroni and cheese. Target announced a Thanksgiving meal basket that feeds four people for under $25, including a turkey at less than $1 per pound and an assortment of sides and desserts under $5.Ĭustomers can shop the Target Thanksgiving meal both online and in store. For Giant supermarket shoppers, 400 membership points can be redeemed for a free turkey up to 20 pounds.
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