Working Lunch Wednesday, November 20, 2024 | | |
| | | | | It's lunchtime, Chicago. Walmart, Target, Aldi and other grocers are competing for a place on holiday tables this season with turkey dinner deals and other promotions to tempt Americans who haven’t recovered from recent food price inflation. Walmart this year is offering a frozen turkey and ingredients for side dishes for less than $55. Target’s version costs $20, $5 less than the company’s 2023 Thanksgiving meal, and includes a frozen turkey, stuffing mix and canned green beans and canned cranberry sauce. Speaking of Target, the company etched out a slim sales increase in the third quarter and profits slumped as inflation-weary customers pulled back on spending and as costs related to a dockworker strike in October dragged on results. Read that story and more in today's Working Lunch. Get news alerts | Top business stories | Real estate | | | | With Thanksgiving around the corner, Walmart, Target, Aldi and other grocers are offering specials to Americans looking for ways to save this season. | | | | | Target fell short of Wall Street expectations for the quarter and its outlook for the final three months of the year also disappointed industry analysts as Americans are still spending, but being more selective. | | | | | The Chicago-based company is ranked No. 2 among large employers on the Chicago Tribune’s list of Top Workplaces. | | | | | CEO Satya Nadella opened the conference with remarks that could set the stage for where the company is taking its artificial intelligence business. | | | | | The Bourbons Smokehouse owners are seeking an investor to help them reopen their restaurant in December. | | | |
| |
