Cracker Barrel’s CEO faces an uphill battle to revive the restaurant chain after a blunt admission sent stock prices plummeting 20 per cent.
Cracker Barrel’s CEO faces an uphill battle to revive the restaurant chain after a blunt admission sent stock prices plummeting 20 per cent.
Simplified menus are why Panera Bread now sucks. A hedge fund bought them, decided they could save a small percentage by dropping their turkey distributor, so they dropped the Turkey Bacon Bravo, their most popular sandwich, from the menu. The same thing happened to Dunks, which is why ham is no longer available on breakfast sandwiches. This is the stage capitalism we’re at; destroying popular goods and services to squeeze a few cents of temporary profits out for shareholders.