Thanksgiving feasts will cost less this year, major retailers offering discounts [CBS News]
Wells Fargo & Company (WFC)
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Source: CBS News
That's according to research financial services company Empower The good news is: Your groceries will cost 2% to 3% less this year. Consumers who stick to store brands are expected to spend a total of about $80 on Thanksgiving dinner ingredients for a meal to feed 10 people, while buying brand-name products could push that amount to $95, that analysis found. That translates to between roughly $8 and $9.50 per person. Here's what you can expect to save money on this year, Wells Fargo numbers show: • Retail prices for turkeys are down 3.7% from a year ago • Name-brand frozen vegetables are down 15% in price because of competition from private-label brands • Private-brand dinner rolls have declined 22%, which Wells Fargo attributed to falling demand for bread products • Stuffing, prepared gravy mix and fresh cranberries have dipped between 3% and 4% in price • National brand pumpkin pies cost 3% less And there are ways you can make that price even lower. Major grocery c
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