Current:Home > FinanceWendy's to roll out Uber-style surge pricing as soon as next year -WealthMindset Learning
Wendy's to roll out Uber-style surge pricing as soon as next year
View
Date:2025-04-14 16:28:41
You may soon see the term "surge pricing" associated with burgers and fries in addition to Ubers and Lyfts.
Wendy's is planning to roll out a dynamic pricing model similar to ride-sharing companies as soon as next year, CEO Kirk Tanner said on an earnings call earlier this month. This means Wendy's prices would fluctuate based on time, location and demand.
Tanner also said on the call the company would be rolling out new plans to improve company profits, such as digital menu boards that would be able to update prices in real time and different menu offers during certain parts of the day.
"As we've previously shared, we are making a significant investment in technology to accelerate our digital business," Wendy's said in an emailed statement to USA TODAY.
"In addition to evolving our loyalty program, one of the other benefits of these investments will be the flexibility to change the menu more easily and to offer discounts and value offers to our customers through innovations such as digital menu boards, which will roll out in some U.S. restaurants," the statement reads.
"As early as 2025, we plan to test a number of features such as AI-enabled menu changes and suggestive selling based on factors such as weather that we think will provide great value and an improved customer and crew experience," the statement concludes.
Free food:You can get a dozen doughnuts from Krispy Kreme for $2.29 on Leap Day. Here's how.
In addition to surge pricing, Wendy's introduces new Cinnabon Pull-Apart menu item
The fast-food burger chain has also announced a sweet new addition to its breakfast menu.
Wendy's partnered with Cinnabon to introduce the Cinnabon Pull-Apart, an item made of warm, buttery dough bites baked together with cinnamon and topped with Cinnabon's signature cream cheese frosting.
The item is now available at Wendy's restaurants nationwide during breakfast hours.
While breakfast hours vary at Wendy's locations, most restaurants begin serving breakfast at 6:30 a.m. and finish at 10:30 a.m. The company recommends checking with your local restaurant to verify their breakfast hours.
On leap day, Thursday Feb. 29, customers can get a free Cinnabon Pull-Apart at their local Wendy's restaurant during breakfast hours, while supplies last.
Gabe Hauari is a national trending news reporter at USA TODAY. You can follow him on X @GabeHauari.
veryGood! (2)
Related
- NCAA President Charlie Baker would be 'shocked' if women's tournament revenue units isn't passed
- Judge pauses litigation in classified docs case while mulling Trump's request
- Angus Cloud’s Childhood Friends Honor “Fearless” Euphoria Star 2 Months After His Death
- Bear and 2 cubs captured, killed after sneaking into factory in Japan amid growing number of reported attacks
- 'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?
- McDonald's is bringing back its Boo Buckets for Halloween
- Jamie Foxx grieves actor, friend since college, Keith Jefferson: 'Everything hurts'
- Rockets fired from Gaza into Tel Aviv and Jerusalem as Hamas militants target Israel
- American news website Axios laying off dozens of employees
- US fears Canada-India row over Sikh activist’s killing could upend strategy for countering China
Ranking
- $73.5M beach replenishment project starts in January at Jersey Shore
- Migrating Venezuelans undeterred by US plan to resume deportation flights
- Ex-soldier indicted for trying to pass U.S. defense info to China
- Retired university dean who was married to author Ron Powers shot to death on Vermont trail
- Federal court filings allege official committed perjury in lawsuit tied to Louisiana grain terminal
- Woman opens fire in Connecticut police department lobby, prompting exchange of gunfire with officer between bullet-proof glass
- 'Horrific': Over 115 improperly stored bodies found at Colorado funeral home
- UNC professor killed in office was shot 7 times, medical examiner says
Recommendation
Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
Boomer Sooner: Gabriel throws late TD pass as No. 12 Oklahoma beats No. 3 Texas in Red River rivalry
Animal lovers rush to the rescue after dozens of cats are left to die in Abu Dhabi desert
Man Arrested for Alleged Plan to Kidnap and Murder TV Host Holly Willoughby
US auto safety agency seeks information from Tesla on fatal Cybertruck crash and fire in Texas
UAW President Shawn Fain lambasts auto execs while wearing 'EAT THE RICH' T-shirt
'Of course you think about it': Arnold Schwarzenegger spills on presidential ambitions
This Is What It’s Really Like to Do Jennifer Aniston's Hard AF Workout