Walmart, Aldi trim Thanksgiving prices amid soaring inflation

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Food retailers give discounts and free samples as inflation peaks

FOX Business correspondent Madison Alworth has the latest on response to record-high inflation on ‘Varney & Co.’

From free turkeys to major discounts, grocery stores are prepping for a Thanksgiving set against surging inflation.

On Thursday, Walmart said customers will be able to get Thanksgiving meal staples such as turkey, ham, potatoes and stuffing "at last year's price." 

"Saving money is a top priority for our customers right now, so this year, we’re removing inflation on an entire basket containing traditional Thanksgiving items," John Laney, executive vice president of food at Walmart U.S. said in a blog post. 

A cashier scans items at a Walmart store in Burbank, California on August 15, 2022. (Photo by Robyn Beck / AFP via Getty Images / Getty Images)

The Arkansas-based retailer said it is currently rolling out the pricing, and that discounts will continue "for all their holiday meals" through Dec. 26. 

The news comes just after discount supermarket chain Aldi announced that it's discounting Thanksgiving staples so that they will match 2019 prices. 

Holiday food including appetizers, desserts, sides and beverages, are being discounted up to 30% as part of its Thanksgiving Price Rewind promotion, the grocer said. 

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"Providing amazing products at the absolute lowest prices is what we've always done, and we know right now that's more important than ever," Dave Rinaldo, president of Aldi U.S., said. 

A general view of ALDI supermarket on December 7, 2020 in Southend on Sea, England. (John Keeble/Getty Images) (John Keeble/Getty Images / Getty Images)

According to the consumer price index, the cost of food rose 11.2% in September compared to a year ago. However, the food at home category, which is food purchased at grocery stores, rose 13%. 

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Aldi, which has 2,200 stores across 38 states, says it will "continue to be the low-price leader in every community it serves" no matter what's happening in the world. 

However, Walmart and Aldi are not the only grocers giving shoppers some relief this Thanksgiving. 

Cooked turkey in roasting pan with meat thermometer during the preparation of a traditional Thanksgiving holiday meal, San Ramon, California, Nov. 23, 2019. (Photo by Smith Collection/Gado/Getty Images) (Smith Collection/Gado/Getty Images / Getty Images)

BJ's Wholesale Club is offering a free turkey promotion to its members. 

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Through Nov. 10, members who spend $150 either online or in-store will get a digital coupon for a free Butterball whole turkey while supplies last. 

To qualify, members will need to create a digital account on BJs.com.

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