Aldi offers Thanksgiving meal for 10 people for less than $50 [CBS News]
Walmart Inc. (WMT)
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Source: CBS News
of fast-food chains offering $5 value meals to entice price-sensitive Americans. Aldi on Wednesday announced its "inflation-busting holiday meal" for 10 at a cost of $47.00, or $4.70 a person. Aldi's Turkey Day fare runs about two bucks less than an offer by its bigger rival, Walmart. U.S. inflation in September hit its lowest point since February 2021, reflecting lower gas prices and a small rise in food costs, prompting one analyst to declare inflation to be "dying, but not dead." Many consumers have responded to higher food prices by shifting from brand-name items to private label, a trend in Aldi's favor given that more than 90% of the products it sells are its own private labels. Aldi's Thanksgiving meal follows a traditional menu and includes a Butterball turkey with spices, gravy, rolls, macaroni and cheese, stuffing and ingredients for cranberry sauce, mashed potatoes, sweet potato casserole, green bean casserole and pumpkin pie. "With 25% of U.S. households now shop
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News
- Grapevine Sam's Club celebrates reopening years after closing due to tornado damage [CBS News]CBS News
- Walmart, Aldi try to beat food inflation with Thanksgiving deals [Yahoo! Finance Canada]Yahoo! Finance Canada
- Walmart, Aldi try to beat food inflation with Thanksgiving deals [Yahoo! Finance]Yahoo! Finance
- ByHeart Expands into Walmart, Whole Foods Market, and Wegmans, Increasing Retail Presence Over 200% to Bring Next-Generation Baby Formula to Families Nationwide [Yahoo! Finance]Yahoo! Finance
- Walmart Sets the Table Early With a Thanksgiving Meal for Less Than $7 per PersonBusiness Wire
WMT
Earnings
- 8/15/24 - Beat
WMT
Sec Filings
- 10/16/24 - Form 4
- 10/15/24 - Form 144
- 10/10/24 - Form 4
- WMT's page on the SEC website