EclipseAg said:JCA1 said:Keyno said:JCA1 said:
I'll play Devil's advocate here a little bit. Although I don't know the numbers, I would guess that CB has a rapidly aging customer base. My guess is their projections were that they had a decade or so remaining before their current customer base died off and/or moved into a nursing home. So, the choice was (a) stay the same and try to pocket as much as you can before your customer base dies off or (2) shake up the company to try and attract a younger audience. They chose number 2. Now, it may very well turn out to be a worse idea than choice 1. But I can understand why 2 was the choice. Tough spot.
Even if that were true- I mean, if their customer base is old people, it's not like old people are going extinct. When the current old people die off, the people in their 50s will have aged up and are the new old people.
Not sure I can agree. Cracker Barrel's old-timey schtick provides nostalgia for a pretty clear generation who remembers when that's the way a lot of the world actually was (or at least had grandmas that cooked old school southern food when you went to visit). The people with these touchstones are dwindling. Unless you think everyone that turns 50 suddenly develops an affinity for an era they didn't live through, I don't know that CB translates to subsequent generations.
This is the same thinking that animates (see what I did there) a lot of the recent decisions at Walt Disney World. "Kids today don't care about steamboats! Rip up Rivers of America!!!"
Except that younger people have nostalgia for experiences with their parents and grandparents that harken back to earlier times, even if they didn't live through them personally. My kids love Cracker Barrel because they went there often with their grandmother. I never traveled by steamboat but I loved RoA because I remember how I felt seeing it 40 years ago.
If the company is gonna turn CB into just another bland dining establishment with no real identity, what's the point? Why would anyone young person choose CB if it looks, tastes and costs just like any other chain?
I'm with you that they need a point of view and said as much in my follow up.
You're kinda making my point on nostalgia by saying your kids love it because they went there with their grandma and you love it because of memories from 40 years ago.
My only point was, as we get further and further from the era CB has sought to recreate, it becomes a tougher sell as less and less people have a point of reference. Doesn't mean there's no audience at all, but the sledding gets tougher. They're probably in a slow-moving bind that has no good answers, at least not at the scale they currently operate.