Last week’s biggest consumer story was Wendy’s plan to introduce electronic menuboards in their restaurants that would allow them to implement “surge” pricing. In other words, to charge more during peak times.
Best we can tell this story was based on a financial presentation made to investors in early February during which the company’s CEO announced a $30-mil investment to deliver “significant restaurant margin expansion” by installing digital menuboards with “dynamic pricing & menu offerings:”

After a flood of news stories and negative consumer reaction to the prospect of having to pay more for the same food that was cheaper earlier in the day, Wendy’s issued a statement in its blog denying the plan.
*MOUSE PRINT:

To MrConsumer, the idea of a restaurant jacking-up its prices during peak times is just plain nasty. Will the items that are being surcharged be noted on the menuboard so customers know which ones they are?
And what about prices during off peak times? Will they be discounted below the current regular price? In other words, if a “Dave’s Single” burger is currently $4.99, will the peak price be, say, $5.99, but the off-peak price will be $3.99?
What do you think of the idea of a restaurant charging more during peak times?



