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Cracker Barrel faces backlash, $100M market loss after changing its iconic logo.
Cracker Barrel faced a $100 million market loss after unveiling a new, minimalist logo that removed the iconic old man leaning against a barrel.
The change, aimed at modernizing the 55-year-old chain, sparked a backlash on social media, with users accusing the company of abandoning its roots.
Despite CEO Julie Masino's defense of the update, President Donald Trump urged the company to revert to the old logo, leading to a temporary stock recovery.
Industry experts believe Cracker Barrel needs to evolve to appeal to younger diners.
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Cracker Barrel enfrenta una reacción violenta, una pérdida de mercado de 100 millones de dólares después de cambiar su icónico logotipo.