Cracker Barrel, citing the coronavirus pandemic, announced this week that is becoming the latest company to move its operations out of the state of Oregon.
Cracker Barrel this week became the latest company to announce it is leaving the, area shortly after Walmart announced its departure following comments from the CEO that crime and theft were taking their toll.
"As a standard course of business, we continually evaluate the performance of our stores, using various criteria to ensure we are meeting the needs of our guests and our business," the company said in a statement. In a statement to Fox Business asking for specifics on what aspects of the pandemic led to the closures, a Cracker Barrel spokesperson said, "Like so many other companies, the pandemic impacted our business, and we have struggled to staff and profitably run these stores. Despite the extra efforts made, we couldn’t viably continue to keep our doors open."
"We have nearly 5,000 stores across the U.S. and unfortunately some do not meet our financial expectations," Walmart said in its announcement, according to KPTV. "While our underlying business is strong, these specific stores haven’t performed as well as we hoped."
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