Target Offers Thanksgiving Meal for Four at Less Than $25 Amid Lower Turkey Prices and Retail Competitions
Amid declining turkey prices and increased competition, Target offers a comprehensive Thanksgiving meal for a family of four below $25, greatly undercutting rivals such as Walmart and Whole Foods, as consumers face inflationary pressures on other holiday staples.
- Target has launched a comprehensive Thanksgiving meal for a family of four for less than $25, which includes potatoes, cranberry sauce, stuffing, gravy, cream of mushroom soup, green beans, and a 10-16 lb. turkey.
- Despite price inflation affecting other holiday staples, this deal at Target is a considerable price drop compared to rival companies such as Whole Foods and Walmart, whose meals costs $99 and at least $60 respectively.
- The drop in retail prices for turkey has played a role in reducing the cost of the meal. Store prices on 10 to 15 pound turkeys dropped 13% in October 2023 compared to the same month in 2022.
- Although some parts of the Thanksgiving meal, such as canned cranberries, canned pumpkin, and green beans have observed a price rise, the reductions in turkey prices helps to keep the overall meal cost lower.
- Competing retailers such as Walmart and Aldi have also made efforts to make Thanksgiving more cost-effective for consumers, introducing savings on holiday food staples and decor to create an appealing and budget-friendly shopping environment.