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Burger chain Wendy’s looking to test surge pricing at restaurants as early as next year
- Wendy's plans to test fluctuating menu prices based on demand, with an investment of $20 million in digital menu boards by 2025.
- CEO Kirk Tanner aims to implement dynamic pricing and AI-enabled menu changes, anticipating moderate price swings during peak demand.
- The new menu boards will allow for "surge pricing," with testing set to begin in 2025.
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Wendy's to introduce Uber-style 'Surge Pricing' on Burgers, prompting concerns
Wendy's, the popular fast-food chain, is set to experiment with an "Uber-style" surge-pricing model, where the prices of its menu items will fluctuate based on demand throughout the day. As per a New York post report, CEO Kirk Tanner announced this move during a call with investors, revealing plans to invest $20 million in high-tech menu boards capable of real-time price updates.
·Noida, India
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Total News Sources115
Leaning Left23Leaning Right9Center72Last UpdatedBias Distribution69% Center
Bias Distribution
- 69% of the sources are Center
69% Center
L 22%
C 69%
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