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    Local Cracker Barrel Restaurants Set for Major Remodeling to Enhance Dining Experience

    2024-05-23
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    This article contains content summarized with GPT-4 Learn more. It is based on information from shopassociation.org, which reflects the perspectives and priorities of the organization. Please consider the specific interests of the source when reading

    Cracker Barrel Old Country Store Inc., located in Lebanon, Tennessee, plans to remodel 25-30 of its restaurants this fiscal year. This effort is part of a larger plan to update the look of its locations across the country. The company's goal is to improve the dining experience by enhancing operational efficiency and updating the store design and atmosphere.

    President and CEO Julie Masino stated that these changes are expected to increase customer satisfaction and profitability. As part of this plan, Cracker Barrel has reduced its dividends to fund these improvements and support long-term growth.

    The initial remodeling tests will determine the scope of a larger renovation effort. Depending on these results, Cracker Barrel may increase its investment in renovations, with projected spending of $600 million to $700 million from 2025 to 2027.

    Founded in 1969, Cracker Barrel operates around 660 locations in 44 states and owns Maple Street Biscuit Co., which has 40 units. The remodeling initiative is part of Cracker Barrel’s strategy to stay competitive in the fast-casual dining market.

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