By: Vincent Kania
With Thanksgiving fast approaching, everyone is looking forward to carving into their favorite holiday meal. The centerpiece of the meal, of course, is the turkey, but consumers this year may have to pay much more than they are used to. After a devastating disease that ravished farms earlier in the year, The National Turkey Federation (yes that's a thing) estimate that nearly "48 million turkeys were wiped out over the summer"(Brennan para. 4). Prices this year are estimated to rise by about 20% compared to last year.
Despite these higher prices, retailers are looking to keep the price below $2 per pound so that consumers will still come into the store and buy not only turkey, but stuffing and other typical foods. This is a good thing for consumers, and shows how important thanksgiving day sales can be to retailers, and how consumers can benefit from these things.
Brennan, Morgan. "Grocers Will Eat Most of Increased Turkey Costs This Thanksgiving." NBC News. N.p., 20 Nov. 2015. Web. 22 Nov. 2015.
No comments:
Post a Comment