Financing
Cracker Barrel cuts corporate staff as sales and profits tumble
The restructuring comes after a difficult quarter for the family-dining chain, which is still reeling from its logo misstep, plus a tough economy. It expects a recovery to take some time.
Financing
Cracker Barrel board member ousted following activist pressure
Gilbert Dávila stepped down after losing a shareholder vote Thursday. It was a win for investor Sardar Biglari’s latest fight against the family-dining chain, but shareholders rebuffed him on other issues, including re-electing CEO Julie Masino.