News@lemmy.world · 6 months ago

CEO Who Tanked Company's Stock By 20% Reveals 5-Point $700m Plan To Save Cracker Barrel

www.ibtimes.co.uk

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CEO Who Tanked Company's Stock By 20% Reveals 5-Point $700m Plan To Save Cracker Barrel

www.ibtimes.co.uk

ConsciousBowl@lemmy.world to

News@lemmy.world · 6 months ago

Cracker Barrel plans menu refresh, store remodels & loyalty program to win back young customers after losing 16 percent in 4 years.

Cracker Barrel’s CEO faces an uphill battle to revive the restaurant chain after a blunt admission sent stock prices plummeting 20 per cent.

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6 months ago
No that’s step 5. Steps 1 through 4 involve maximizing shareholder profits before they fold the company.

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