Current:Home > reviewsJohnathan Walker:Wendy's to roll out Uber-style surge pricing as soon as next year -Summit Capital Strategies
Johnathan Walker:Wendy's to roll out Uber-style surge pricing as soon as next year
Rekubit View
Date:2025-04-10 17:44:18
You may soon see the term "surge pricing" associated with burgers and Johnathan Walkerfries 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! (49271)
Related
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- Stranger Things' Priah Ferguson Talks Finale & Bath & Body Works Drop—Including an Eddie’s Jacket Candle
- Nine MLB contenders most crushed by injuries with pennant race heating up
- US closes one of 2 probes into behavior of General Motors’ Cruise autonomous vehicles after recall
- Selena Gomez's "Weird Uncles" Steve Martin and Martin Short React to Her Engagement
- See George Clooney’s memorable moments at Venice Film Festival as actor prepares to return
- 3-month-old baby is fatally mauled by dogs in attic while parents smoked pot, police say
- With their massive resources, corporations could be champions of racial equity but often waiver
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- Teen Mom's Kailyn Lowry Engaged to Elijah Scott After Welcoming Twins
Ranking
- Sam Taylor
- For many Asian Americans, Ferguson unrest set them on a path of resistance and reflection
- A Japanese woman who loves bananas is now the world’s oldest person
- Evictions for making too many 911 calls happen. The Justice Department wants it to stop.
- $73.5M beach replenishment project starts in January at Jersey Shore
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Cooking Fundamentals
- U of Wisconsin regents agree to ask Gov. Tony Evers for $855 million budget increase
- Escaped Mississippi inmate in custody after hourslong standoff at Chicago restaurant
Recommendation
2 killed, 3 injured in shooting at makeshift club in Houston
New Federal Report Details More of 2023’s Extreme Climate Conditions
Archaeologists in Virginia unearth colonial-era garden with clues about its enslaved gardeners
'Ben Affleck, hang in there!' Mindy Kaling jokes as Democratic National Convention host
North Carolina justices rule for restaurants in COVID
See George Clooney’s memorable moments at Venice Film Festival as actor prepares to return
Superyacht maker's CEO: Bayesian's crew made an 'incredible mistake'
With their massive resources, corporations could be champions of racial equity but often waiver