Cracker Barrel Sells Biscuit Chain | Richmond News

Cracker Barrel is pivoting fast—selling off its $36 million Maple Street Biscuit Co. purchase as part of a broader strategy to focus on its core business, while also cashing in $77 million from a sale-leaseback of 26 stores. The biscuit-focused Maple Street chain, now being absorbed by Biscuit Belly, will be rebranded into 30+ locations across 10 states, with plans to hit 60+ by 2028. Meanwhile, CEO Julie Masino is stepping down in August, replaced by David Deno, former Bloomin’ Brands leader, following a rocky rebranding episode that forced a U-turn. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/96857e29afc2c22a