"CLAIM: Walmart prices show that the cost of Thanksgiving dinner is 25% lower in 2025 than in 2024. THE FACTS: This is misleading. While Walmart's 2025 meal basket costs about 25% less than the one from 2024, that's because it offers fewer items and different products that make it more affordable. "It's not apples to apples, right?" said David Anderson, a livestock economist at Texas A&M University. "What this does highlight is individual retailers' strategies for getting customers in the door.""
"The 2025 basket costs less than $40 and feeds 10 people, about $4 a head, according to Walmart. In 2024, a basket for eight cost approximately $56, less than $7 per person. That's about a 25% decrease, possibly more depending on price fluctuations. John Furner, president and CEO of Walmart U.S., touted the savings in a LinkedIn post last month."
Grocery prices are 2.7% higher than in 2024, creating concern about Thanksgiving meal costs. President Donald Trump cited a Walmart prepackaged meal basket and claimed a 25% reduction for 2025. Walmart's 2025 basket is cheaper largely because it contains fewer and different items. Walmart says the 2025 basket costs under $40 and feeds 10 people (about $4 per person), while the 2024 basket cost about $56 for eight (about $7 per person). The 2025 bundle has 15 items versus 29 in 2024 and omits several desserts and savory items, with product substitutions that make the comparison misleading.
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