Aldi Offers Thanksgiving Meals for 10 People Under $50

Aldi is about to announce its lowest-priced Thanksgiving meal in five years, and the grocer will follow the recent trend of fast-food chains offering $5 meal deals to convey value to the American people.

On Wednesday, Aldi announced that a "holiday coupon" for 10 people would be $47, or $4.70 per person. Aldi's Turkey Day prices are about two dollars less than those offered by its major rival, Walmart

US inflation fell to its lowest level since September 2021, driven by lower prices and a slight increase in food prices, leading one analyst to note that inflation is "dead but not yet."

Many consumers have responded to rising food prices by switching from branded items to name-brand items, a good challenge for Aldi given that over 90% of products sold are specialty items.

Aldi's Thanksgiving meal follows the traditional menu, which includes buttered turkey, seasonings, gravy, rolls, macaroni and cheese, stuffing and cranberry sauce, mashed potatoes, potato casserole, green bean casserole and pumpkin pie toppings.

"With 25 percent of U.S. households now shopping at Aldi, we know grocery value is still a top priority," Aldi CEO Jason Hart said in a statement Wednesday.

Aldi's prices assume the chicken weighs 16 pounds and is available at the point of sale. Headquartered in Germany, Aldi operates 2,300 stores in the United States and plans to add 800 more by the end of 2028.

According to the American Farm Bureau Federation's annual study, a 16-pound frozen turkey will sell for an average of $27.35 in 2023, 45% of the cost of a Thanksgiving dinner for 10 people, which would cost $61.17, or about $6.12 per person. The agency is expected to release its 2024 findings next month.