I think the problem is the ceos DO understand the market. Elderly racist whites who get offended by not seeing old timey reproductions on the wall while they eat their fried apples is not a growth market. |
A handful of people in Indian mound, whatever the hell that is, are not the rest of America. Cracker Barrel caters to suburbanites and southerners (black and white) looking for high calorie food close to exits on important highways. That’s not a couple of elderly weirdos you know. |
Sure it’s not a growth market, but those elderly guys really only became customers in the first place because the company made them a focus. Now the company is sending a clear message that this has changed. Giveth and taketh away… |
I don’t think racist is a fair statement here, but it is true that that population has their food in the grave. They dont have many in the DC area so I don’t know the last time y’all have been, but it looked older than congress in there when I went last time. A couple of grandparents with grandkids, but just a very old vibe in there. |
Cracker Barrel loses $94 million in a day after disastrous rebrand sparks MAGA outrage.
https://ca.finance.yahoo.com/news/cracker-barrel-loses-94-million-203057114.html |
We know someone who works in corporate. They're also considering changing the name, in 2026, to either CB-Zone or CB's Place. They want something with a more modern feel. |
And if they were customers solely because they liked the logo… they probably weren’t very good customers. This is a pr disaster but it seems very unlikely it will actually deter customers. |
Which means this may be a buying opportunity for the stock—it is unlikely any impact except for the cost to pay to replace all the signs, which I doubt many notice because the people who eat there are like hogs at a trough, thinking only of eating. |
The stock dip can be bad, but, yeah, this is not serious. The bud light thing is way overplayed as well. It wasn't GOOD, but if you think that people stopped drinking it because they were mad that a trans person wasn't ridiculed in a commercial with the product then switched to drinking modelo, whose commercials all feature Chicano graffiti artists and celebration of Mexican culture... you're probably a newsmax viewer. People stopped drinking budlight because there are better options. If people stop going to cracker barrel it's because they don't want a coronary. |
+1. 10-15 years ago, their all day breakfast was great. Now the food is fried, greasy, mass produced inedible slop. And I say that as someone who done who grew up in the small town South eating biscuits and gravy. What’s going on with CB? Their food has gone way downhill. And, the people yapping about this will keep patronizing them. Many of these restaurants are in rural areas without other real options for brunch. |
Maybe this CEO recognized their market is niche and dying out, especially with rural locations and the food getting steadily worse. Cracker Barrel has been losing customers for years. They were at the forefront of firing Gay people back in the day. Blacks have never felt welcome. They can either make no changes and slowly slide into bankruptcy. Or, try to expand their customer base. Although they really should have started with food quality before the logo. I stopped going because the food sucks. Not because the logo offends me (although I can see why people who aren’t straight, white and Southern take issue with it). |
They're actually all located close to highway exits. They're like Ikeas. They're all very strategically located for easy access. |
Maybe the old guys in Indian Mound SC should be the ones to get out more. |
They are turning it into a Ruby Tuesday's with the decor of a college cafeteria. |
You see the ones off highways. They also locate in small rural areas. My Southern city getting one (not close to a highway) was a huge deal 30 years ago. 2 hour waits after church. But factories oddmshored and the town is literally dying. |