Facing declining revenue, Cracker Barrel has implemented a new travel policy. Employees are now expected to dine at the company's restaurants for the majority of their meals while on business trips, where practical. Furthermore, the company will no longer reimburse alcohol purchases unless pre-approved by senior leadership.
This move comes as the chain attempts to cut costs amidst a challenging period.
Source: Yahoo Finance · Summarized by HeadlinesBriefing