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WendyB次元官网网址檚 denies plans to jack up prices during dayB次元官网网址檚 busiest times

B次元官网网址榃endyB次元官网网址檚 will not implement surge pricingB次元官网网址he practice of raising prices when demand is highestB次元官网网址
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FILE - A sign stands over a WendyB次元官网网址檚 restaurant, Feb. 25, 2021, in Des Moines, Iowa. WendyB次元官网网址檚 says that it has no plans to increase prices during the busiest times at its restaurants, Wednesday, Feb. 28, 2024. The burger chain clarified its stance on how it will approach pricing after various media reports said that the company was looking to test having the prices of its menu items fluctuate throughout the day based on demand. (AP Photo/Charlie Neibergall, File)

WendyB次元官网网址檚 says that it has no plans to increase prices during the busiest times at its restaurants.

The burger chain clarified its stance on how it will approach pricing after media picked up on that the company would test features like dynamic pricing at restaurants.

Companies like Uber have used dynamic pricing, or surge pricing, to moderate use by customers during the busiest days of the year, or when drivers or cars are in short supply during the day. Prices rise and fall with demand using that business model.

This month during a conference call with investors and industry analysts, Tanner said, B次元官网网址淏eginning as early as 2025, we will begin testing more enhanced features like dynamic pricing and daypart offerings, along with AI-enabled menu changes and suggestive selling.B次元官网网址

The company said Wednesday, after the story began to circulate this week, that any features it decides to test in the future B次元官网网址渨ould be designed to benefit our customers and restaurant crew members.B次元官网网址

B次元官网网址淲endyB次元官网网址檚 will not implement surge pricing, which is the practice of raising prices when demand is highest. We didnB次元官网网址檛 use that phrase, nor do we plan to implement that practice,B次元官网网址 the company said in an email to The Associated Press on Wednesday.

WendyB次元官网网址檚 Co. plans to invest about $20 million to launch digital menu boards at all of its U.S. company-run restaurants by the end of 2025. It also plans to invest approximately $10 million over the next two years to support digital menu enhancements globally.

WendyB次元官网网址檚 said that its digital menu boards B次元官网网址渃ould allow us to change the menu offerings at different times of day and offer discounts and value offers to our customers more easily, particularly in the slower times of day.B次元官网网址

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