Current:Home > NewsWendy's to roll out Uber-style surge pricing as soon as next year -Finovate
Wendy's to roll out Uber-style surge pricing as soon as next year
View
Date:2025-04-14 22:29:54
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! (3456)
Related
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- Arctic Bogs Hold Another Global Warming Risk That Could Spiral Out of Control
- Which type of eye doctor do you need? Optometrists and ophthalmologists face off
- Ron DeSantis wasn't always a COVID rebel: Looking back at the Florida governor's initial pandemic response
- Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
- Nathan Carman, man charged with killing mother in 2016 at sea, dies in New Hampshire while awaiting trial
- NYC Mayor Eric Adams Calls Out Reckless and Irresponsible Paparazzi After Harry and Meghan Incident
- Officer seriously injured during Denver Nuggets NBA title parade
- Opinion: Gianni Infantino, FIFA sell souls and 2034 World Cup for Saudi Arabia's billions
- Wisconsin’s Struggling Wind Sector Could Suffer Another Legislative Blow
Ranking
- Former Danish minister for Greenland discusses Trump's push to acquire island
- Teen girls and LGBTQ+ youth plagued by violence and trauma, survey says
- Trump’s Repeal of Stream Rule Helps Coal at the Expense of Climate and Species
- 14 Creepy, Kooky, Mysterious & Ooky Wednesday Gifts for Fans of the Addams Family
- Bodycam footage shows high
- The Truth Behind Paige DeSorbo and Craig Conover's Confusing AF Fight on Summer House
- Himalayan Glaciers on Pace for Catastrophic Meltdown This Century, Report Warns
- High-Stakes Wind Farm Drama in Minnesota Enters Final Act
Recommendation
Retirement planning: 3 crucial moves everyone should make before 2025
Elle Fanning's Fairytale Look at Cannes Film Festival 2023 Came Courtesy of Drugstore Makeup
Kate Spade 24-Hour Flash Deal: Get This $380 Backpack for Just $99
San Diego, Calif’s No. 1 ‘Solar City,’ Pushes Into Wind Power
Who's hosting 'Saturday Night Live' tonight? Musical guest, how to watch Dec. 14 episode
Rain Is Triggering More Melting on the Greenland Ice Sheet — in Winter, Too
Medicare announces plan to recoup billions from drug companies
Regulators Demand Repair of Leaking Alaska Gas Pipeline, Citing Public Hazard