Cracker Barrel lowers revenue forecast as traffic falls after logo blowup
Read full article: Cracker Barrel lowers revenue forecast as traffic falls after logo blowupCracker Barrel posted lower-than-expected sales in its fiscal first quarter and lowered its revenue forecast for the year as it continued to feel the fallout from a botched plan to revamp its logo and restaurants.
Cracker Barrel shareholders vote to keep CEO despite logo debacle
Read full article: Cracker Barrel shareholders vote to keep CEO despite logo debacleCracker Barrel shareholders voted Thursday to keep company CEO Julie Felss Masino in place despite a debacle over the company’s logo that continues to hurt its sales.
Cracker Barrel expects weaker sales and restaurant traffic after logo controversy
Read full article: Cracker Barrel expects weaker sales and restaurant traffic after logo controversyCracker Barrel said Wednesday it expects lower sales and weaker customer traffic in the coming year as the controversy over its planned logo change continues to play out.
Cracker Barrel is keeping its old-time logo after new design elicited an uproar
Read full article: Cracker Barrel is keeping its old-time logo after new design elicited an uproarCracker Barrel said late Tuesday it’s returning to its old logo after critics — including President Donald Trump — protested the company’s plan to modernize.
Sexual predator accused of picking up missing Seminole County teen at gas station
Read full article: Sexual predator accused of picking up missing Seminole County teen at gas stationA 59-year-old registered sex offender was arrested Monday after he took in a 16-year-old runaway in Seminole County and was accused of sexually assaulting her, police said.
Sexual predator accused of assaulting missing Seminole County teen, giving her drugs
Read full article: Sexual predator accused of assaulting missing Seminole County teen, giving her drugsA 59-year-old registered sex offender was arrested Monday after he took in a 16-year-old runaway in Seminole County and was accused of sexually assaulting her, police said.
:strip_exif(true):strip_icc(true):no_upscale(true):quality(65)/cloudfront-us-east-1.images.arcpublishing.com/gmg/6NQVPP6HFBGFZLYE5HUUZEWLQI.jpg)
Struggling Kraft Heinz sells dairy brands to Lactalis
Read full article: Struggling Kraft Heinz sells dairy brands to LactalisKraft Heinz said Tuesday that it is selling its natural cheese business — including its Cracker Barrel and Breakstone’s brands — to French dairy company Lactalis Group as part of a larger restructuring. Kraft Heinz, however, will keep its Philadelphia cream cheese brand, Kraft singles and the Velveeta and Cheez Whiz brands. Kraft Heinz — formed in a 2015 merger — has been struggling as consumers increasingly seek fresh, minimally processed foods. Kraft Heinz CEO Miguel Patricio said the sale of the natural cheese brands is an example of that portfolio management. Lactalis Group — whose brands include President specialty cheese and Stonyfield Organic yogurt — said the Kraft Heinz brands are a good strategic fit.
:strip_exif(true):strip_icc(true):no_upscale(true):quality(65)/cloudfront-us-east-1.images.arcpublishing.com/gmg/HUXGPRRPMRC7DOGP3NW5PQSADM.jpg)
Cracker Barrel selling alcohol for first time in some Florida restaurants
Read full article: Cracker Barrel selling alcohol for first time in some Florida restaurantsAs Cracker Barrel reopens its dining rooms, the restaurant is looking to make some pretty big changes which it had planned prior to the coronavirus pandemic. The restaurant chain announced it was testing an alcohol menu, including beer, wine, hard ciders and orange and strawberry mimosas, at 20 of its Florida restaurants, according to Restaurant Business. In addition to alcohol sales, Cracker Barrel said its reducing its menu and developing a digital store offering food and retail items, Restaurant Business reported. Investing in Cracker Barrel will remain a capital allocation priority, Chief Financial Officer Jill Golder said in an interview. Restaurant Business also reported Cracker Barrell plans to open 15 of its smaller sister chain restaurants called Maple Street Biscuit Co.