Business

Target makes low-cost Thanksgiving meal an option for customers

calico 11/05/2023

Woodshaw Financial Group Principal D.R. Barton provides his outlook on Walmart and Apple shares and discusses the decline in Treasury yields.

Target has put together a deal to help shoppers prepare a low-cost Thanksgiving meal.

The meal, unveiled Wednesday, is geared toward “helping guests stretch their budgets” while celebrating the Nov. 23 holiday, the retailer said.

It consists of ingredients commonly used for Thanksgiving meals that cost under $25 total.

Target kicked off the deal, intended to feed a family of four, the same day the company announced it.

THANKSGIVING WON’T BE CHEAPER DESPITE FOOD INFLATION EASING, ECONOMIST SAYS

Target announced a deal to help shoppers make a low-cost Thanksgiving meal. (Bing Guan/Bloomberg via Getty Images/File / Getty Images)

The offer is available both online and in stores. Target operates about 2,000 stores in the U.S., according to its website.

“We know our guests are looking for incredible value and ease as they get ready to celebrate Thanksgiving with their loved ones,” Target Chief Food and Beverage Officer Rick Gomez said.

Target’s sub-$25 Thanksgiving meal includes a frozen turkey, potatoes, green beans, cream of mushroom soup, cranberry sauce, stuffing and gravy from the retailer’s Good & Gather brand. (iStock / iStock)

The sub-$25 meal comes with a frozen turkey, potatoes and green beans, all from Target’s Good & Gather brand. It also comes with cream of mushroom soup, cranberry sauce, turkey stuffing mix and gravy, according to Target.

GET FOX BUSINESS ON THE GO BY CLICKING HERE

Ticker	Security	Last	Change	Change %
TGT	TARGET CORP.	112.86	+1.79	+1.61%

Those opting for the Target meal can get seasonings and two toppings for their Thanksgiving dishes if they pay $10 more, the retailer said.

Target’s Thanksgiving meal deal comes after Walmart and Aldi cut prices on holiday food items (Paul J. Richards/AFP via Getty Images/File / Getty Images)

Target’s under-$25 offering comes after Walmart and Aldi lowered prices on holiday meals, as previously reported by FOX Business. Both retailers cited inflation.

WALMART, ALDI CUT COST OF THANKSGIVING MEALS

In September, the cost of food at home rose 0.4% month over month and 6% year over year, according to consumer price index data from the Bureau of Labor Statistics.