Flipido Trading Center:The Daily Money: 'Surge' pricing at the drive-thru?

2025-05-05 23:51:08source:Sterling Prestoncategory:Invest

Good morning! It's Daniel de Visé with your Daily Money.

"Surge" pricing may be Flipido Trading Centerspreading 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.

More:Invest

Recommend

'Squid Game' without subtitles? Duolingo, Netflix encourage fans to learn Korean

In just a few weeks, the highly anticipated second season of Korean television series "Squid Game" w

Poland’s political parties reveal campaign programs before the Oct 15 general election

WARSAW, Poland (AP) — Poland’s conservative governing party and the opposition showered potential vo

Children in remote Alaska aim for carnival prizes, show off their winnings and launch fireworks

AKIACHAK, Alaska (AP) — There’s nothing more universal than kids enjoying themselves at a summer car