Current:Home > StocksWendy's to roll out Uber-style surge pricing as soon as next year -Horizon Finance School
Wendy's to roll out Uber-style surge pricing as soon as next year
View
Date:2025-04-15 22:28:15
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! (61449)
Related
- 'Squid Game' without subtitles? Duolingo, Netflix encourage fans to learn Korean
- Liberia’s leader Weah is facing a tight runoff vote for a second term against challenger Boakai
- European Commission lowers growth outlook and says economy has lost momentum during a difficult year
- 5 years after bankruptcy, Toys R Us continues comeback with store inside Mall of America
- Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
- House passes short-term funding plan to avert government shutdown
- Sweden appeals the acquittal of a Russian-born businessman who was accused of spying for Moscow
- Bradley Cooper on Maestro
- US wholesale inflation accelerated in November in sign that some price pressures remain elevated
- Forty years on, 'Terms of Endearment' captures Jack Nicholson at his most iconic
Ranking
- Scoot flight from Singapore to Wuhan turns back after 'technical issue' detected
- EU moves closer to imposing a new set of sanctions on Russia for its war on Ukraine
- Corruption and Rights Abuses Are Flourishing in Lithium Mining Across Africa, a New Report Finds
- A man convicted in the 2006 killing of a Russian journalist wins a pardon after serving in Ukraine
- 'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
- Hunter Biden calls for a Trump subpoena, saying political pressure was put on his criminal case
- Corruption and Rights Abuses Are Flourishing in Lithium Mining Across Africa, a New Report Finds
- Watch this rescue dog get sworn in as a member of a police department
Recommendation
Trump suggestion that Egypt, Jordan absorb Palestinians from Gaza draws rejections, confusion
Watch this rescue dog get sworn in as a member of a police department
Kim Kardashian on divorce from Ye, leaving school with dad Robert Kardashian for O.J. Simpson trial
Ohio interstate crash involving busload of high school students leaves 6 dead, 18 injured
Brianna LaPaglia Reveals The Meaning Behind Her "Chickenfry" Nickname
Florida's 2024 Strawberry Festival reveals star-studded lineup: Here's who's performing
The gift Daniel Radcliffe's 'Harry Potter' stunt double David Holmes finds in paralysis
Marlon Wayans talks about his 'transition as a parent' of transgender son Kai: 'So proud'