Current:Home > BackWendy's to roll out Uber-style surge pricing as soon as next year-VaTradeCoin
Wendy's to roll out Uber-style surge pricing as soon as next year
View Date:2025-01-09 11:35:10
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! (47732)
Related
- Japan to resume V-22 flights after inquiry finds pilot error caused accident
- Florida law restricting transgender adult care can be enforced while challenged in court
- Vaccine skeptics dominate South Carolina pandemic preparation meeting as COVID-19 cases rise
- Rep. Barbara Lee says California Gov. Gavin Newsom's plan for Senate seat is insulting
- Colorado police shot, kill mountain lion after animal roamed on school's campus
- Watch Messi play tonight with Argentina vs. Bolivia: Time, how to stream online
- El Chapo's wife set to be released from halfway house following prison sentence
- Tyre Nichols: Timeline of investigation into his death
- New Orleans marks with parade the 64th anniversary of 4 little girls integrating city schools
- Libya fears a spiraling death toll from powerful storm floods
Ranking
- Michelle Obama Is Diving Back into the Dating World—But It’s Not What You Think
- Back-to-school for higher education sees students, professors grappling with AI
- Hurricane Lee swirls through open waters on a path to Atlantic Canada
- Libya fears a spiraling death toll from powerful storm floods
- Saving for retirement? How to account for Social Security benefits
- CDC advisers back broad rollout out of new COVID boosters
- New iPhone 15 will use USB-C chargers: What to know about Apple's charging cord switch
- Jill Duggar Calls Out Dad Jim Bob for Allegedly Treating Her Worse Than “Pedophile Brother” Josh Duggar
Recommendation
-
Gigi Hadid and Bradley Cooper Prove They're Going Strong With Twinning Looks on NYC Date
-
Investigation shows armed officer was hostage at home of Grammy winner who was killed by police
-
8-year-old boy accidentally shot when barrel with guns inside set on fire
-
The 2023 MTV VMAs are here: How to watch, who is performing and more
-
College football Week 12 expert picks for every Top 25 game include SEC showdowns
-
The It Bags of Fall 2023 Hit Coach Outlet Just in Time for New York Fashion Week
-
Grimes Says Clueless Elon Musk Sent Around Photo of Her Having C-Section With Son X
-
School bus driver suspected of not yielding before crash that killed high school student in car