Walmart Announces New Savings on Thanksgiving Meal Favorites

BENTONVILLE, Ark., Nov. 4 /PRNewswire-FirstCall/ -- Dedicated to helping American families save money on both holiday traditions and gift items, Walmart (NYSE:WMT) announced today significant price reductions* on Thanksgiving dinner favorites, TVs and other popular electronics.

In addition to seeking savings on gifts under the Christmas tree, recent research shows more than 50 percent of consumers plan to shop price discounts in the coming weeks on non-gift purchases for themselves or family.**

Starting Saturday, Walmart stores will begin their first one-week electronics savings event with special buys and Rollbacks, including a new $298 HP notebook computer. In addition, as shoppers evaluate the impact of tight budgets on holiday meal planning, beginning today Walmart will feature select 12-pound turkeys for less than $5, helping families serve a complete Thanksgiving meal for eight this year as low as $20.*

"We're proving that we're committed to helping moms afford the holidays in these tough economic times," said Jack Sinclair, executive vice president, groceries, Walmart. "That's why we're offering incredible pricing on the turkey and all the fixings."

A turkey dinner for eight as low as $20

According to a survey by the American Farm Bureau Federation, last year's average cost of a turkey was roughly $1.19 per pound. Beginning today, select Grade A turkeys are available for 40 cents per pound at Walmart.* These gobblers are part of Walmart's $20 Thanksgiving menu guaranteeing family favorites will be on the dinner table this holiday season. Walmart's $20 Thanksgiving feast includes:

--  One 12-pound Grade A turkey*
--  Three 11 to 15.5-ounce cans Green Giant vegetables
--  Two 14-ounce cans Ocean Spray cranberry sauce
--  Three 6-ounce boxes of Stove Top stuffing
--  One 5-pound bag of red potatoes
--  One 12-count package of Sara Lee dinner rolls
--  One 22-ounce pumpkin roll cake

Electronics week of savings event

Beginning at 8 a.m. Nov. 7, Walmart will have its first of many special electronics savings events, which includes a week of amazing prices on electronics items at stores through Nov. 13.* Items for this event include:

--  $298 HP Notebook Computer - 3GB memory, 160GB hard drive, Windows 7 Premium
--  Sharp 1080p HDTVs - 42" for $498, 46" for $698 (120 Hz), 52" for $898 (120 Hz)***
--  Panasonic 46" 1080p plasma HDTV for $788***
--  Xbox 360 Arcade Console $199 with $100 Walmart Gift Card (for use on future purchases; minimum store   quantities are at least 10 per store)
--  $148 Sony Blu-ray player (model #BDP-S360)
--  $29 Magnavox Upconvert DVD player (model #DP170MGXF, 1080p)

"Each holiday season we focus on delivering a better price on quality entertainment and electronics, and this season is no different," said Gary Severson, senior vice president, entertainment, Walmart. "We're excited about our electronics event that starts Saturday. It will be evident through the coming weeks that this year Walmart will offer more opportunities for our customers to save than ever before."