Cracker Barrel is exiting its Maple Street Biscuit Company business by selling the brand and assets of 35 locations to Biscuit Belly LLC and closing the remaining 16 restaurants. Additionally, it completed a sale-leaseback deal on 26 company-owned locations, raising about $77 million to reduce debt. These moves aim to sharpen focus on Cracker Barrel's core brand and improve profitability amid ongoing challenges, including backlash from a failed rebranding attempt. Biscuit Belly plans to convert the acquired Maple Street locations into its own restaurants, expanding its footprint significantly over the next few years.
Diana Burgon of Berkshire Hathaway HomeServices Bayside Realty was named to the 2025 Honor Society, recognizing the top 17% of sales professionals in the network. This award highlights her outstanding sales performance and dedication to clients. Sinc...
A new study found that adults with alcohol use disorder (AUD) who started treatment with GLP-1 receptor agonists like semaglutide and tirzepatide had significantly fewer alcohol-related hospitalizations compared to those on other diabetes or obesity ...
Ford is recalling 387,911 SUVs, including 2020-2026 Ford Explorer and 2020-2027 Lincoln Aviator models, due to a defect in the second-row easy-entry seats. The issue may cause seats to tip or slide unexpectedly while driving, increasing injury risk i...
D.R. Horton reported Q3 earnings per share of $3.20, beating estimates, and revenues of $9.23 billion, slightly above expectations. Goldman Sachs raised its price target to $190 and maintained a "Buy" rating, signaling strong growth potential. Despit...
Interactive Brokers reported a strong Q2 with diluted EPS of $0.69 and net revenues of $1.90 billion, both exceeding analyst expectations. The company saw a 34% increase in client accounts and a 40% rise in client equity, driven by higher trading act...
