Cracker Barrel is shelving plans to remodel its restaurants as it continues to backtrack on overhauling its brand image.

The move comes after the chain already reverted to its old logo in response to an uproar around a refreshed brand symbol that caused the company's stock to lose as much as $200 million in market value.

"Your Old Country Store is Here to Stay," the company said in a statement on its website Tuesday, adding that it would no longer seek to modernize the restaurant's interiors.

"Today, we're suspending our remodels. If your restaurant hasn't been remodeled, you don't need to worry, it won't be," Cracker Barrel said. The decision to halt remodeling plans was based on opinions customers shared "not just on our logo, but also on our restaurants," it added.

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