No, Wendy’s Isn’t Rolling Out Surge Pricing, The Company Clarifies
Recently, many outlets (including us) reported that Wendy’s would be rolling out “surge pricing” next year. But the fast food chain is now saying that this isn’t the case. They posted to their corporate blog to clarify exactly what they meant by “dynamic pricing.”
In early February, Kirk Tanner, the new CEO and president of Wendy’s, shared with analysts his various plans to increase company profits. This includes investing in digital menu boards that can display dynamic pricing that fluctuates throughout the day by 2025.
According to Nation’s Restaurant News, Tanner said, “We are planning to invest approximately $20 million to roll out digital menu boards to all U.S. company-operated restaurants by the end of 2025.” Tanner added that Wendy’s will also invest an additional $10 million over two years to enhance its global system, help upsell other menu items, and improve order accuracy.
“Misconstrued in some media reports.”
Initially, many media outlets compared the concept to ridesharing apps like Uber. For instance, when prices rise, as drivers are limited. The fast-food chain clarified how the company plans to use dynamic pricing in a statement. TODAY received a statement from Wendy’s saying, “To clarify, Wendy’s will not implement surge pricing, which is the practice of raising prices when demand is highest. We didn’t use that phrase, nor do we plan to implement that practice,” a spokesperson said in an email to NBC News. They added there are “no plans” to raise prices at high-demand times.
Their statement also mentioned that their digital menu boards would give them more flexibility to change the display of featured items. Additionally, they stated, “This was misconstrued in some media reports as an intent to raise prices when demand is highest at our restaurants. We have no plans to do that and would not raise prices when our customers are visiting us most.”
After the news of “surge pricing” from Wendy’s went viral, people began to share their thoughts on the concept. Someone started a thread on Reddit hoping to boycott the chain if they implemented surge pricing. “Everyone needs to boycott Wendy’s when they roll out their surge pricing,” they wrote. Another person said, “If they do that I would never eat there again.” The Daily Show also did a skit about the surge pricing news with the caption, “Looks like Wendy’s got word of @ronnychieng‘s side hustle and shut it down.”
4 Reasons Why People Love Chain Restaurants
Lately, the subject of first dates occurring at chain restaurants has garnered significant attention. A recent survey asking women about their least preferred venues for first dates has ignited a debate on the internet. This list, which was shared on Instagram by @DuvalPromo, is reportedly the result of polling women to determine their least favored first-date locations.
Among the 28 establishments on the list are restaurant chains such as Applebee’s, Chili’s, and Denny’s are featured. The top spot for the most unsuitable first date location is occupied by The Cheesecake Factory, followed by Applebee’s, Chili’s, Chipotle, and Olive Garden, rounding out the top five. It’s worth noting that the list includes not only restaurants but also specific first-date situations, including “your house,” family functions, a bar solely for drinks, and church.
Whether it’s a first date or a casual meal, the question arises: Why do some people have reservations about restaurant chains?
According to Farm Credit Canada, a chain restaurant is defined as a business with four or more locations. These restaurants are typically large-scale operations with multiple branches, sometimes spanning different countries or continents.
More Background on Chain Restaurants.
The expansion of chain restaurants did not occur overnight. Many of them have humble origins in smaller, local establishments. For instance, the Cheesecake Factory, which currently operates over 300 restaurants in the U.S. and Canada, began as a small bakery in Detroit and eventually evolved into The Cheesecake Bakery in Los Angeles in 1972, according to their website. It wasn’t until the late ’90s and early 2000s that additional locations began to appear.
Critics often express their reservations about chain restaurants, and there are valid reasons for their concerns. Many people prefer supporting local businesses over large corporations, as chain restaurant food is often mass-produced and served uniformly across various locations. Dining exclusively at upscale or independent establishments offers a sense of social prestige, something to brag about, and the feeling of indulging in a unique experience. However, ultimately, it’s all about eating a meal.
“Fancy like Applebee’s on a date night.”
There’s something comforting about knowing that, for the most part, you can find something familiar to eat at any time and almost anywhere. Maybe that’s why singer Walker Hayes dedicated his song Fancy Like, to the simple joys of eating a chain like Applebee’s. So, let’s chat about some of the reasons people actually enjoy dining at chain restaurants.
Kayla is the midday host on Detroit’s 105.1 The Bounce. She started her career in radio back in 2016 as an intern at another Detroit station and worked her way here. She's made stops in Knoxville, TN, Omaha, Ne and other places before returning to Detroit. She’s done almost everything in radio from promotions to web, creating content on social media, you name it.
She’s a true Michigander, born and raised. So, you can catch her camping or vacationing up north to exploring the downtown Detroit or maybe even catching a sports game. During her free time, Kayla enjoys watching movies, roller-skating, crafting, and music festivals. She and her husband together dip into many of the great things Michigan has to offer. Together they also like to travel.
A few hobbies of hers include wine and beer tastings, crafting, hiking, roller skating, movies, home improvement projects, gardening, and festivals. She’s always looking to take on more local events happening in the community.
She loves connecting with the community. When writing, Kayla covers topics including lifestyle, pop culture, trending stories, hacks, and urban culture.