Wendy's confirms 'Uber surge-style' menu - prices change during day
Fast food chain Wendy's is planning to test 'dynamic pricing', meaning the cost of the items on its menu would vary depending on the time of day.
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Wendy's is planning to charge different prices depending on the time of day - which means a Dave's Single could cost more at lunchtime than mid-afternoon.
So-called dynamic pricing would boost traffic when restaurants are quiet and cool demand when they're busy.
Such a system might mean that at busy times like breakfast, lunch and dinner, prices it advertises on a digital menu will be higher and at quieter times they will fall.
For example, a Dave's Single quarter pounder currently costs around $5.99 at a Wendy's in Newark, New Jersey.
Under the new system that could increase by a dollar at lunchtime and drop by a similar amount during the post-lunch lull.
Wendy's new system will begin testing in 2025 and rely on 'digital menu boards', in which it will invest $20 million, according to its CEO Kirk Tanner. That will mean it will be able to update prices in real time and at little to no expense.