BUSINESSFOX NEWS
Cracker Barrel comeback gains steam as loyal customer says return visit 'felt like coming home'
Cracker Barrel Old Country Store is refocusing on its core brand by selling 26 company-owned locations in a $77 million sale-leaseback and divesting its Maple Street Biscuit Company, closing 16 locations. The moves aim to reduce debt and boost profitability, following backlash over a rebranding effort that prompted the restoration of its nostalgic 'Old Timer' logo and interior design.
Mentioned
Related Signal
Adjacent reporting
- Cracker Barrel is selling its Maple Street Biscuit brand and raising its profit outlook
- Cracker Barrel sells Maple Street Biscuit Company, closes 16 locations
- Cracker Barrel closing remaining locations of sister restaurant as food chain restructures
- Cracker Barrel's little-known sister restaurant shuts 16 locations as failed rebrand attempt continues to wreak havoc