Current:Home > MyThe Daily Money: 'Surge' pricing at the drive-thru? -Global Capital Summit
The Daily Money: 'Surge' pricing at the drive-thru?
View
Date:2025-04-19 08:05:18
Good morning! It's Daniel de Visé with your Daily Money.
"Surge" pricing may be spreading from rideshares and Springsteen concerts to fast food. Wendy's plans to roll out dynamic pricing, Gabe Hauari and Jessica Guynn report, along with digital menu boards that update prices in real time.
Wendy's execs pushed back on the idea that prices will now rise and fall with demand, the strategy adopted by Uber and ticket sellers.
What, then, does this mean for the price of a Frosty?
Read the story.
Macy's shuttering 'underproductive' stores
In other consumer news, Macy's announced it will be shutting down 150 "underproductive" stores, or roughly 30% of all locations, Julia Gomez reports. The retailer dubbed the move "A Bold New Chapter" and vowed to strengthen the Macy's brand.
For details on the timing of the closures and the retailer's other plans, read the story.
📰 More stories you shouldn't miss 📰
- Are we entering an era of shrinkflation?
- Was your Toyota truck just recalled?
- Average debt in America
- Family Dollar will pay for rat-infested warehouse
- Guess how much some old hockey cards sold for
About The Daily Money
Each weekday, The Daily Money delivers the best consumer news from USA TODAY. We break down financial news and provide the TLDR version: how decisions by the Federal Reserve, government and companies impact you.
Daniel de Visé covers personal finance for USA Today.
veryGood! (89)
Related
- Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
- Vivek Ramaswamy reaches donor threshold for first Republican presidential primary debate
- The New US Climate Law Will Reduce Carbon Emissions and Make Electricity Less Expensive, Economists Say
- Naomi Campbell Welcomes Baby No. 2
- South Korea's acting president moves to reassure allies, calm markets after Yoon impeachment
- Louisville appoints Jacquelyn Gwinn-Villaroel as first Black woman to lead its police department
- Texas A&M Shut Down a Major Climate Change Modeling Center in February After a ‘Default’ by Its Chinese Partner
- Venezuela sees some perks of renewed ties with Colombia after years of disputes
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- Rural grocery stores are dying. Here's how some small towns are trying to save them
Ranking
- Romantasy reigns on spicy BookTok: Recommendations from the internet’s favorite genre
- Earthjustice Is Suing EPA Over Coal Ash Dumps, Which Leak Toxins Into Groundwater
- Biden Could Score a Climate Victory in a Single Word: Plastics
- About 1 in 10 young adults are vaping regularly, CDC report finds
- 2 killed, 3 injured in shooting at makeshift club in Houston
- A tech consultant is arrested in the killing of Cash App founder Bob Lee
- Travis Scott Will Not Face Criminal Charges Over Astroworld Tragedy
- Amid Delayed Action and White House Staff Resignations, Activists Wonder What’s Next for Biden’s Environmental Agenda
Recommendation
Kylie Jenner Shows Off Sweet Notes From Nieces Dream Kardashian & Chicago West
The U.S. Military Emits More Carbon Dioxide Into the Atmosphere Than Entire Countries Like Denmark or Portugal
Boohoo Drops a Size-Inclusive Barbie Collab—and Yes, It's Fantastic
Texas A&M Shut Down a Major Climate Change Modeling Center in February After a ‘Default’ by Its Chinese Partner
Military service academies see drop in reported sexual assaults after alarming surge
Madonna Released From Hospital After Battle With Bacterial Infection
Biden names CIA Director William Burns to his cabinet
Expansion of a Lucrative Dairy Digester Market is Sowing Environmental Worries in the U.S.