CEO Who Tanked Company's Stock By 20% Reveals 5-Point $700m Plan To Save Cracker Barrel
ibtimes.co.uk
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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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.
Its such a chore to customize a sandwich to turn it into a Sierra Turkey. Just bring it back officially.
It's also a pain walking around with ham in my pockets in case I want to go to Dunks.