Posted on 06/11/2015 4:49:25 PM PDT by Red in Blue PA
The numbers tell the story as bidding and buying come to a close for the second annual The Four-Star Salute™, an online charity auction, in-store promotion and online sweepstakes sponsored by Cracker Barrel Old Country Store® to support military families.
A total of 935 bids were received on 87 auction items during the 15-day online auction. $60,000 was raised to be donated to the USO, a nonprofit dedicated to lifting the spirits of America’s troops and their families.
(Excerpt) Read more at finance.yahoo.com ...
*APPLAUSE*
I know where we are going for breakfast this Sat!
One of my favorite places to eat!
I love their shop as well. The clothing is boutique quality.
Chicken ‘n dumplins, green beans, fried Okra with 2 biscuits and jelly for $7.69
standard road fare, even on an expense account
OK, I’m going to be the old grouch here. I hate all forms of business charity, because the business gets the tax deduction and the applause for the donation while customers get to pay more for the company’s products.
A company should be in the business of business. Just give me the best product at the lowest prices, hire competent employees and pay them well, and I will decide what charities I want to support with the money I save.
The worst is when companies sponsor charity sports events so the CEO can attend on the company dime, the company gets a tax deduction for all the expenses, and once again, the customers and employees are the really the ones paying for all of it.
That’s a bit better, but it is still money that could have been put back into the business.
My favorite is the Old Timer’s Breakfast with extra biscuits.
They just had blowout earnings, increased their quarterly dividend to $1.10 from $1.00 per quarter, and also announced a Special Dividend of $3.00.
Business is just fine.
I’ve been there many times; we have a local one, but for me it’s a treat if I’m traveling. I find they give me TOO much food for my money - and where does THAT happen? Lunch the next day, though. :)
LOVE all of their ‘antiques’ throughout and if I could afford one, I’d own a few of those lovely porch rocking chairs that they sell.
I’m in Retail and their Gift Shop just cannot be beat for unique and fun items.
Ours, too.
I understand that, but that isn’t the point. And this applies to all businesses, not just Cracker Barrel. Business charity is all about PR. Now, I suppose one could justify it as an advertising expense, since it does motivate some people to shop at a particular business.
However, many of these businesses are contributing to leftist causes like the Sierra Club, and I would much rather pay less at the store and send my money to a charity of my choosing. I’m quite tired of hearing about corporate social responsibility, which is just code from lefties trying to guilt businesses into paying up for all their capitalist “sins”.
It can also be used as a backdoor tax in the case of utilities and cable companies that are government protected monopolies. They donate to the government schools, and the government grants them rate increases. No citizen input required. We have no say in how they spend their money.
I understand that people like the USO, and that’s great. It’s the idea of business as a charity that bothers me.
I have more of an issue with this....this is certainly not the job of Intel, especially at shareholder expense. This is the sort of thing which pisses me off.
Intel launches investment fund for minority, women-led firms AP (Tue, Jun 9)
http://finance.yahoo.com/news/intel-launches-investment-fund-minority-192411617.html
Mighty white of them
They will no doubt get a nice tax deduction for this, and it serves as protection money. When companies pony up for liberal causes or put Democrats on their boards, the Democrat politicians stop going after them.
“I love their shop as well. The clothing is boutique quality.”
I love the shop too. After dining, I head directly to the candy section to peruse the goodies there, then on to the rest of the store.
In a free country, if businesses want to buy advertising they can, however foolish that may look to us.
If they make the cost of the advertising up in volume of business they don’t have to boost prices at all.
The old candies take me back tk my.childhood. Love the old colas, too.
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