Wendy’s clarifies dynamic pricing system after online backlash
Feb 28
By Simone Del Rosario (Business Correspondent), Evan Hummel (Producer), Zachary Hill (Video Editor)
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This story is a Media Miss by the right as only 0% of the coverage is from right leaning media.
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Wendy’s says it has no plans to raise prices during the busiest times at its restaurants
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Wendy’s says it has no plans to raise prices during the busiest times at its restaurants
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Wendy’s says it has no plans to raise prices during the busiest times at its restaurants
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Wendy’s says it has no plans to raise prices during the busiest times at its restaurants
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Wendy’s says it has no plans to raise prices during the busiest times at its restaurants
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Wendy’s says it has no plans to raise prices during the busiest times at its restaurants
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Wendy’s says it has no plans to ‘implement surge pricing’ at restaurants
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Wendy’s says it has no plans to raise prices during the busiest times at its restaurants
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Wendy’s says it has no plans to raise prices during the busiest times at its restaurants
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Wendy’s says it has no plans to raise prices during the busiest times at its restaurants
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Wendy’s says it has no plans to raise prices at peak times
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Wendy’s says it has no plans to raise prices during the busiest times at its restaurants
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Wendy’s says it has no plans to raise prices during the busiest times at its restaurants
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Wendy’s says it has no plans to raise prices during the busiest times at its restaurants
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Wendy’s says it has no plans to raise prices during the busiest times at its restaurants
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Wendy’s says it has no plans to raise prices during the busiest times at its restaurants
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Wendy’s says it has no plans to raise prices during the busiest times at its restaurants
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Wendy’s says it has no plans to raise prices during the busiest times at its restaurants
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Wendy’s says it has no plans to raise prices during the busiest times at its restaurants
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Wendy’s isn’t planning to raise prices during busiest times, company says
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Wendy’s says it has no plans to raise prices during the busiest times at its restaurants – The Morning Sun
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Wendy’s says it has no plans to raise prices during the busiest times at its restaurants
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Wendy’s says it has no plans to raise prices during the busiest times at its restaurants
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23 other sources covering this story
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Last Updated
2 months ago
Wendy’s will not raise prices at peak times, according to the company. The announcement comes after the chain said CEO Kirk Tanner’s comments were “misconstrued” during the week of Feb. 25 by several “media reports,” according to Reuters.
Wendy’s said the dynamic pricing system will still be implemented but only to provide discounts to customers during slower parts of the day.
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The fast-food chain responded to reports that it would hike prices during busy times.
“We have no plans to do that,” Wendy’s said in a statement to Reuters, adding that it “would not raise prices when our customers are visiting us most.”
The company said the move to add digital menu boards to certain stores would allow it to offer discounts more easily. Wendy’s claims Tanner’s comments were “misconstrued” in media reports, “as an intent to raise prices when demand is the highest.”
The initial information on Wendy’s dynamic pricing structure never mentioned only lowering prices, and enhanced media coverage caused online backlash.
Reuters reported that Wendy’s is currently concerned about weaker demand hurting sales. According to Placer.ai data, visits to stores have declined over the past three months.
[SIMONE DEL ROSARIO]
REMEMBER WHEN WE TOLD YOU WENDY’S IS IMPLEMENTING A DYNAMIC PRICE SYSTEM– AKA– SURGE PRICING – WHICH FLUCTUATES DEPENDING ON THINGS LIKE DEMAND, TIME OF DAY AND WEATHER?
YEAH, THE COMPANY’S ALREADY CLARIFYING THOSE CONTROVERSIAL COMMENTS.
WENDY’S SAYS PRICES WILL STILL CHANGE, BUT ONLY TO PROVIDE DISCOUNTS DURING SLOWER PARTS OF THE DAY.
WENDY’S IS RESPONDING TO REPORTS THAT THEY WOULD HIKE PRICES DURING BUSY TIMES.
THEY SAID IN A STATEMENT,
“WE HAVE NO PLANS TO DO THAT AND WOULD NOT RAISE PRICES WHEN OUR CUSTOMERS ARE VISITING THE MOST.”
THE COMPANY SAYS THE MOVE TO ADD DIGITAL MENU BOARDS TO CERTAIN STORES WOULD ALLOW THEM TO OFFER DISCOUNTS MORE EASILY.
WENDY’S CLAIMS THE IDEA HAS BEEN “MISCONSTRUED” IN MEDIA REPORTS, “AS AN INTENT TO RAISE PRICES WHEN DEMAND IS THE HIGHEST.”
THE INITIAL INFORMATION ON WENDY’S DYNAMIC PRICING STRUCTURE NEVER MENTIONED ONLY LOWERING PRICES. AND ENHANCED MEDIA COVERAGE THIS WEEK CAUSED SOME ONLINE BACKLASH AGAINST WENDY’S.
WENDY’S IS REPORTEDLY CONCERNED ABOUT WEAKER DEMAND HURTING SALES.
PLACERAI DATA REVEALS VISITS TO STORES HAVE DECLINED IN RECENT MONTHS.
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Media Landscape
This story is a Media Miss by the right as only 0% of the coverage is from right leaning media.
Learn more about this dataLeft 40%
Center 60%
Right 0%
Bias Distribution
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Left
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Left
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Wendy’s says it has no plans to raise prices during the busiest times at its restaurants
Click to see story on Associated Press News
Wendy’s says it has no plans to raise prices during the busiest times at its restaurants
Click to see story on abc News
Wendy’s says it has no plans to raise prices during the busiest times at its restaurants
Click to see story on abc 6 Philadelphia
Wendy’s says it has no plans to raise prices during the busiest times at its restaurants
Click to see story on abc 13 Houston
Wendy’s says it has no plans to raise prices during the busiest times at its restaurants
Click to see story on abc 7 News
Wendy’s says it has no plans to raise prices during the busiest times at its restaurants
Click to see story on Barrie Today
Click to close
Wendy’s says it has no plans to ‘implement surge pricing’ at restaurants
Click to see story on CTV News
Wendy’s says it has no plans to raise prices during the busiest times at its restaurants
Click to see story on KRDO
Wendy’s says it has no plans to raise prices during the busiest times at its restaurants
Click to see story on KIFI
Wendy’s says it has no plans to raise prices during the busiest times at its restaurants
Click to see story on Winnipeg Free Press
Wendy’s says it has no plans to raise prices at peak times
Click to see story on Star Advertiser
Wendy’s says it has no plans to raise prices during the busiest times at its restaurants
Click to see story on abc 7 Chicago
Wendy’s says it has no plans to raise prices during the busiest times at its restaurants
Click to see story on abc 7 LA
Wendy’s says it has no plans to raise prices during the busiest times at its restaurants
Click to see story on Thorold Today
Wendy’s says it has no plans to raise prices during the busiest times at its restaurants
Click to see story on The Columbian
Click to close
Lean
Right
+0
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Right
+0
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Far
Right
+0
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Untracked Bias
Wendy’s says it has no plans to raise prices during the busiest times at its restaurants
Click to see story on Orillia Matters
Wendy’s says it has no plans to raise prices during the busiest times at its restaurants
Click to see story on Midland Today
Wendy’s says it has no plans to raise prices during the busiest times at its restaurants
Click to see story on Collingwood Today
Wendy’s says it has no plans to raise prices during the busiest times at its restaurants
Click to see story on 98 Rock Baltimore
Wendy’s isn’t planning to raise prices during busiest times, company says
Click to see story on NXST
Wendy’s says it has no plans to raise prices during the busiest times at its restaurants – The Morning Sun
Click to see story on Morning Sun
Wendy’s says it has no plans to raise prices during the busiest times at its restaurants
Click to see story on Bradford Today
Wendy’s says it has no plans to raise prices during the busiest times at its restaurants
Click to see story on Timmins Today
Click to close
23 other sources covering this story
Total News Sources
23
Leaning Left
6
Center
9
Leaning Right
0
Last Updated
2 months ago
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