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cattown | 6 months ago
The days are numbered for boomer nostalgia based brands. One of these days those restaurants are going to be something else. PE deals years ago started the work of decoupling a stale old brand from the valuable real estate.
Who cares about selling millions of dollars less in bad food when you can access billions of dollars more in real estate value.
See also: https://www.nashvillepost.com/business/retail/cracker-barrel...
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