Cracker Barrel-owned chain Maple Street Biscuit Company shutters 14 locations after earnings fall short
1. Cracker Barrel closed 14 Maple Street locations due to poor performance. 2. The company faced backlash from its failed logo redesign attempt. 3. Cracker Barrel's revenue declined 2.9% compared to last year. 4. Traffic dropped 8% since the logo change was implemented. 5. A proxy battle for leadership change is underway against CEO Julie Felss Masino.