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Cracker Barrel reversed a controversial rebrand, restoring its classic logo after backlash and a significant stock drop.
Cracker Barrel is ending its partnership with consulting firm Prophet after a rebranding effort that replaced its iconic "Old Timer" logo with a minimalist design sparked widespread backlash.
Customers and investors criticized the change as a loss of the chain’s Southern charm, leading to a $140 million drop in market value and a 7% share decline.
President Trump urged a return to the original logo, and in response, Cracker Barrel reversed course, scrapping the new branding and restoring the classic design.
The company cited customer feedback and a commitment to its heritage.
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Cracker Barrel revirtió un controvertido cambio de marca, restaurando su logotipo clásico después de una reacción negativa y una caída significativa de las acciones.