Aldi’s Thanksgiving Deal: A Budget-Friendly Feast for Families

Multi generation mixed race family raise their glasses to make a toast at their Thanksgiving dinner table

As families across the United States prepare for Thanksgiving, many are feeling the pressure of rising costs and looking for ways to stretch their budgets. Enter Aldi, a grocery chain known for its low prices and private label products. This year, Aldi is stepping up to offer what they’re calling an “inflation-busting holiday meal,” designed to provide a full Thanksgiving dinner for 10 people for just $47. With food prices still top of mind for consumers, this deal may be exactly what families need to celebrate without breaking the bank.

Thanksgiving on a Budget: Aldi’s $47 Meal

Aldi’s Thanksgiving meal deal is the lowest it has been in five years, offering all the traditional fixings for just $47—roughly $4.70 per person. This meal includes a Butterball turkey, gravy, rolls, macaroni and cheese, stuffing, and ingredients for cranberry sauce, mashed potatoes, sweet potato casserole, green bean casserole, and pumpkin pie. In comparison, a similar deal at Walmart is priced at about $49, making Aldi’s offer around $2 cheaper. While this might not seem like much on its own, for a family looking to save, every little bit counts. Aldi’s move to undercut Walmart, one of its biggest competitors, is a clear sign of its determination to capture more market share and appeal to budget-conscious shoppers.

Happy African American grandmother getting a kiss from her granddaughter for baking sweet pie on Thanksgiving.

Why Aldi’s Prices Matter to Consumers

Over the past few years, the price of food has skyrocketed due to several global factors. The pandemic disrupted supply chains, and events such as the war in Ukraine, extreme weather conditions, and corporate price increases further drove up costs. This left consumers facing higher grocery bills and searching for ways to reduce their expenses.

Though food price inflation has moderated over the last year, it remains a concern for many households. According to the Consumer Price Index, as of August, grocery prices were rising at a modest 0.9% annually, which is closer to the typical increases seen before the pandemic. While this slower rate of inflation offers some relief, it doesn’t erase the fact that food prices are still higher than they were just a few years ago. This makes Aldi’s budget-friendly Thanksgiving deal particularly attractive, especially for families feeling the pinch of rising costs.

Aldi’s CEO Jason Hart acknowledges this concern, noting that “grocery prices are still top of mind for customers.” With 25% of U.S. households now shopping at Aldi, it’s clear that many consumers are turning to the retailer for its reputation for value. Aldi’s strategy of keeping prices low, even during times of inflation, is helping it win over shoppers who are eager to find affordable alternatives to traditional supermarkets.

Aldi’s Recipe for Success: Private Labels and Smaller Stores

Aldi’s ability to offer such low prices comes from its unique business model. Unlike many other grocery stores, which stock a wide variety of national brands, Aldi relies heavily on its own private-label products. In fact, over 90% of the products sold in Aldi stores are from Aldi’s own brands. By cutting out the middleman and sourcing directly from producers, Aldi can keep prices low while still offering quality products.

In addition to its private-label strategy, Aldi also operates smaller stores compared to typical U.S. supermarkets. At around 12,000 square feet, an Aldi store is significantly smaller than the 40,000-square-foot supermarkets many Americans are used to. This smaller footprint helps reduce overhead costs, which in turn allows Aldi to pass the savings on to customers.

This focus on efficiency and value has helped Aldi expand rapidly in the U.S. market. Earlier this year, the German company announced plans to open 800 new stores across the country as part of a $9 billion expansion effort. With each new store, Aldi is increasing its presence and offering more families access to its low-cost, private-label products.

Happy Thanksgiving Day! Autumn feast. Family sitting at the table and celebrating holiday. Grandparents, mother, father and children. Traditional dinner.

The Shift in Shopping Habits

As inflation continues to affect consumers, many are changing their shopping habits. Shoppers are increasingly turning to private-label products, which are often cheaper than name brands but comparable in quality. Aldi has been a major beneficiary of this shift, as its private-label offerings are a cornerstone of its business model.

In recent years, Aldi has seen a surge in popularity as more consumers have discovered that they can save money without sacrificing quality. This has been especially true during the holiday season, when families are looking for ways to host memorable meals without spending a fortune. Aldi’s Thanksgiving deal is a prime example of how the company is capitalizing on this trend, offering a complete holiday meal at a price that’s hard to beat.

The Competition Heats Up

While Aldi’s Thanksgiving deal is certainly attractive, it’s worth noting that it isn’t the only grocery chain vying for customers’ attention during the holiday season. Walmart, one of Aldi’s biggest competitors, is also offering a Thanksgiving meal deal, though at a slightly higher price. With Walmart’s larger store footprint and extensive national brand selection, it remains a go-to option for many shoppers.

However, Aldi’s aggressive pricing and expansion plans show that it’s ready to take on its larger rivals. By offering lower prices on holiday staples, Aldi is positioning itself as a top choice for value-conscious consumers during one of the most important shopping seasons of the year.

What This Means for You

For families looking to save money this Thanksgiving, Aldi’s meal deal offers an affordable way to enjoy a traditional holiday dinner without overspending. With inflation still affecting grocery prices, finding ways to cut costs is more important than ever. Whether you’re a longtime Aldi shopper or someone considering trying it out for the first time, this deal is a great opportunity to experience what Aldi has to offer.

As the holiday season approaches, more consumers are likely to be drawn to Aldi’s combination of low prices and high-quality private-label products. Whether you’re hosting a big Thanksgiving gathering or just looking for ways to stretch your grocery budget further, Aldi’s Thanksgiving meal deal provides an easy and affordable solution.

In a time when many families are searching for ways to save, Aldi’s commitment to offering value is making a big difference. As you prepare for the holidays, consider Aldi as a go-to option for both affordability and quality. With deals like this on the table, you can enjoy a delicious Thanksgiving meal without the added stress of high grocery bills.