Move will save $10 million as company faces cost pressures from commodities
Cracker Barrel Old Country Store Inc. has eliminated 60 management and staff positions in an effort to reduce corporate costs amid increased commodity pricing and challenged sales for the operator of 603 family-dining and retail restaurants. Most of the affected employees work in the company’s home office in Lebanon, Tenn. Fifty-five positions will be eliminated, with five positions that remained unfilled, the company said in a statement Friday. Michael A. Woodhouse, Cracker Barrel ...
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Contact: Desiree Torres Desiree.Torres@penton.com