Current:Home > InvestWendy's to roll out Uber-style surge pricing as soon as next year -Wealth Empowerment Academy
Wendy's to roll out Uber-style surge pricing as soon as next year
View
Date:2025-04-13 10:06:42
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! (53213)
Related
- Intel's stock did something it hasn't done since 2022
- Nvidia tops Microsoft as the most valuable public company
- A new 'Game of Thrones' prequel is coming: 'A Knight of the Seven Kingdoms' cast, release
- A surgeon general's warning on social media might look like this: BEYOND HERE BE MONSTERS!
- McKinsey to pay $650 million after advising opioid maker on how to 'turbocharge' sales
- Baseball legend Willie Mays, the 'Say Hey Kid,' dies at 93
- Travis Kelce Addresses Typo on His $40K Kansas City Chiefs Super Bowl Ring
- With pardons in Maryland, 2.5 million Americans will have marijuana convictions cleared or forgiven
- New Mexico governor seeks funding to recycle fracking water, expand preschool, treat mental health
- Billy Ray Cyrus’ Estranged Wife Firerose Accuses Him of Domestic Abuse
Ranking
- Trump suggestion that Egypt, Jordan absorb Palestinians from Gaza draws rejections, confusion
- How many points did Caitlin Clark score tonight? Top pick has double-double in Fever win
- North Carolina investigators reviewing state treasurer’s use of government vehicles
- Run, Don’t Walk to Lands’ End for 50% Off Swimwear & 40% Off Everything Else for a Limited Time Only
- Woman dies after Singapore family of 3 gets into accident in Taiwan
- Nelly and Ashanti Quietly Married 6 Months Ago
- Celtics have short to-do list as they look to become 1st repeat NBA champion since 2018
- Mega Millions winning numbers for June 18 drawing: Jackpot climbs to $61 million
Recommendation
Sam Taylor
Riley Strain's autopsy results reveal Missouri student drowned after excessive drinking
Subway unveils new Footlong Dippers: Here's what they are
Governors of Mississippi and Alabama place friendly bets on lawmakers’ charity softball game
Grammy nominee Teddy Swims on love, growth and embracing change
Video shows baby moose trapped in Alaska lake saved as its mother watches
A random woman threw acid in her face; 18 months later, scars fade as impact lingers
WNBA rookie power rankings: Caitlin Clark, Angel Reese start to break away from pack