Cracker Barrel will close 14 Maple Street Biscuit Company locations in fiscal 2026, acquired the chain for $36m in 2019. Maple Street, known for Southern-style dishes, offers a modern take on Cracker Barrel’s country theme. Growth in outlets has slowed, with an impairment charge of $16.2m reported.
Cracker Barrel faced backlash over a $700m transformation plan, including store remodels and brand changes. Public outcry led to the reinstatement of the original logo and a pause in the renovation program. CEO Julie Felss Masino expressed gratitude for guest feedback and emphasized the importance of honoring the brand’s heritage.
Read more at Yahoo Finance: Cracker Barrel to shut 14 Maple Street Biscuit Company sites
