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Cracker Barrel loses almost $100 million.

ozso

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Cracker Barrel loses almost $100 million in value as stock plunges after new logo release.

Cracker Barrel shed almost $100 million in market value Thursday after its stock plunged following the release of a new logo. The new design eliminates a longstanding drawing of an overall-clad man leaning against a barrel, in favor of a cleaner logo featuring just the chain's name.

This is another go woke go broke situation. Where the CEO wants to change the company's image. Apparently not having any appreciation for who her customers are. What the main demographic is.

 
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public hermit

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Cracker Barrel loses almost $100 million in value as stock plunges after new logo release.

Cracker Barrel shed almost $100 million in market value Thursday after its stock plunged following the release of a new logo. The new design eliminates a longstanding drawing of an overall-clad man leaning against a barrel, in favor of a cleaner logo featuring just the chain's name.

This is another go woke go broke situation. Where the CEO wants to change the company's image. Apparently not having any appreciation for who her customers are. What the main demographic is.


This is silly. Why does it matter if they change the logo? For all the conservative complaints about whining liberals, they sure do get upset over stupid stuff. I think conservatives need a big hug. :hug:
 
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wing2000

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Cracker Barrel loses almost $100 million in value as stock plunges after new logo release.

Cracker Barrel shed almost $100 million in market value Thursday after its stock plunged following the release of a new logo. The new design eliminates a longstanding drawing of an overall-clad man leaning against a barrel, in favor of a cleaner logo featuring just the chain's name.

This is another go woke go broke situation. Where the CEO wants to change the company's image. Apparently not having any appreciation for who her customers are. What the main demographic is.


I've been to Cracker Barrel a few times with my parents (who have since passed). I never saw anyone in overalls...and that was in the heart of Pennsylvania farming country.

I don't understand how removing the image of the man from the logo is such a big deal in some quarters (apparently).
 
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GoldenBoy89

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New right wing outrage du jour just dropped just in time to distract the right for another week or so.

I promise you no liberals are losing sleep over Cracker Barrel falling out of favor with y’all.
 
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durangodawood

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Srsly tho, the new logo looks like a dog biscuit. A woke dog biscuit.


more-like-us-barrel-1.png
 
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ozso

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I've been to Cracker Barrel a few times with my parents (who have since passed). I never saw anyone in overalls...and that was in the heart of Pennsylvania farming country.

I don't understand how removing the image of the man from the logo is such a big deal in some quarters (apparently).
Apparently people went there to experience a certain type of atmosphere. The interiors have been changed too, to give "a more clean appearance".
 
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wing2000

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Apparently people went there to experience a certain type of atmosphere. The interiors have been changed too, to give "a more clean appearance".

....less clutter?

<shrug>

Image from WSJ:
An updated Cracker Barrel restaurant in Mt. Juliet, Tenn. The revamp gives the outlets a brighter, more contemporary look.


im-93797388.jpeg
 
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wing2000

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Well you gotta see it from the customer's point of view.

As with any company updating their image, I don't doubt it was based on customer feedback...as the CEO noted.
I would add, companies that fail to keep up with the changing demographics will eventually go out of business..

IMO, this dustup has less to do with offended cutomers than MAGA social media types looking for hits.
 
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ozso

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....less clutter?

<shrug>

Image from WSJ:
An updated Cracker Barrel restaurant in Mt. Juliet, Tenn. The revamp gives the outlets a brighter, more contemporary look.
Contemporary is the opposite of an old country store.
 
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comana

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Well you gotta see it from the customer's point of view.

I can’t sit through that much of Shapiro. 3 mins in and nothing about woke. Businesses rebrand, redecorate, update, change logos all the time. How is that woke (your word) is my question?
 
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ozso

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As with any company updating their image, I don't doubt it was based on customer feedback...as the CEO noted.
I would add, companies that fail to keep up with the changing demographics will eventually go out of business..

IMO, this dustup has less to do with offended cutomers than MAGA social media types looking for hits.
Even though the article I posted was from CBS?
 
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wing2000

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Contemporary is the opposite of an old country store.

It strikes me as more "farmhouse" style than contemporary. The same farmhouse style that is so prevelant in new homes recently. Who wants to eat in a dark, cluttered dining room?
 
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Nithavela

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ozso

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I can’t sit through that much of Shapiro. 3 mins in and nothing about woke. Businesses rebrand, redecorate, update, change logos all the time. How is that woke (your word) is my question?
What I have read and heard is costumers are calling it woke. It's losing business because the customers think it's gone woke. Adding it to the 'go woke go broke' trend. If you insist on exploring my personal feelings about it, I've never been anywhere near one. I'm only in the position of exploring why others have a problem with it. Since I've never been in a Cracker Barrel, on a personal level I couldn't care less about changes I've never experienced.
 
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public hermit

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....less clutter?

<shrug>

Image from WSJ:
An updated Cracker Barrel restaurant in Mt. Juliet, Tenn. The revamp gives the outlets a brighter, more contemporary look.


View attachment 368968

I did like all the old clutter. Goodness, liberals mess up everything. Poor papa, they removed that old, rusty, bulb planter from the 30's he loved to sit by. The world has gone to hell in a hand basket, for sure.
 
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