ALL THE MONEY NEWS YOU NEED TO KNOW | | | | | | Daniel de Visé | Personal Finance Reporter
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"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? |
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 📰 |
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. | | | | Uber, Amazon and airlines use surge pricing. Wendy's will now introduce it, joining more companies that adjust prices based on real-time demand. | | | |  | Macy's announced Tuesday it will shut down 150 stores through 2026, with 50 locations shuttering this year. | | | | Sen. Bob Casey, D-Pa., introduced a bill to fight shrinkflation of household consumer goods that American families routinely purchase. | | | | A case of old, forgotten hockey cards has sold for $3.72 million, according to Heritage Auctions. The case may contain Wayne Gretzky rookie cards. | | | | Approximately 381,000 of certain 2022 and 2023 Toyota Tacoma trucks are involved in the recall, Toyota announced Tuesday. | | | | Family Dollar took a plea agreement that will make them pay $41.6 million for shipping products from a rodent-infested warehouse for years. | | | | It's more than just slowing down, as shown at Bridgestone's Winter Driving School. | | | | Sony has announced cuts to its workforce laying off workers in its PlayStation division on Tuesday Feb. 27. 900 employees will be laid off. | | | | Kellogg CEO Gary Pilnick's advice that struggling families should eat cereal for dinner to save money has consumers reacting to the year-old campaign. | | | | The Insurance Institute for Highway Safety announced its Top Safety Pick award winners Tuesday. See which companies, brands took home the most awards. | | | | |  | Sign up for the news you want | Exclusive newsletters are part of your subscription, don't miss out! We're always working to add benefits for subscribers like you. | | | | | | |
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