Financing
Why activist investors are so interested in restaurants right now
The Bottom Line: Sardar Biglari kicked off the latest proxy this week with another one against Cracker Barrel. But it isn’t the only one as shareholders grow antsy with underwhelming stock performances.
Food
Cracker Barrel launches its largest menu test ever in 14 Texas locations
The revamp is designed to benefit both guests and team members with menu innovation and operational improvements.
The segment and its sub-sectors like the buffets market haven't had an easy time post-pandemic, prompting many members of the old guard to arm themselves with shiny new upstarts as future growth vehicles. But there's still plenty of effort being spent on helping the longtime leaders keep their footing, as this look at the Top 10 shows.