Cracker Barrel Shutters Asheville Location on Tunnel Road

Asheville, N.C. – Cracker Barrel Closes Tunnel Road Location

The Cracker Barrel restaurant on Tunnel Road in Asheville, North Carolina, has permanently closed its doors as of July 8, according to a confirmation from the restaurant’s media relations team. This decision was made after a thorough evaluation of the store’s performance against various criteria to meet the needs of both guests and the business.

Visitors to the former restaurant location recently encountered an empty parking lot, signaling the end of the establishment’s operations. The company has stated that the decision to close any store is not taken lightly and emphasizes a commitment to providing support to the impacted employees and managers during this transition. A severance package will be offered to those affected, as well as opportunities for transfers to nearby Cracker Barrel locations.

Cracker Barrel’s Dedication to Asheville

Despite the closure of the Tunnel Road site, Cracker Barrel remains committed to the Asheville area. The company has indicated that it continues to invest in the local market, evidenced by a recent remodel of another location on Crowell Road. Furthermore, Cracker Barrel is partnering with Rathbun House, a hospitality house that supports families of patients at local healthcare facilities, to donate helpful retail products.

Corporate Performance and Future Plans

The restaurant chain operates 661 locations across 45 states and has been addressing ongoing concerns regarding its future amid rumors of additional closures. Company representatives have clarified that Cracker Barrel is not closing all of its restaurants, and recent closures in Oregon resulted from pandemic-related evaluations of store performance.

Additionally, Cracker Barrel has no plans for any further store closures beyond those that have already been confirmed. Despite the challenges faced in Oregon, the company is actively expanding, with a new location recently opening in Fort Worth, Texas, and another one set to open soon in Reno, Nevada.

In their latest financial report, Cracker Barrel indicated that earnings were lower than anticipated. However, the company’s CEO has expressed confidence in its strategic priorities, focusing on enhancing guest experiences and improving the business model for future value creation. Cracker Barrel remains dedicated to maintaining a strong presence in the culinary landscape while discovering avenues for future growth.

Conclusion

As the Tunnel Road location closes its doors, Cracker Barrel continues to aim at enhancing customer satisfaction and stabilizing its operations while addressing employee welfare during the transition. The company’s ongoing investments in the Asheville area and strategic expansion plans convey its commitment to evolving its business model amidst a changing market landscape.