LEBANON, TENN. – Cracker Barrel Old Country Store has hired John Maguire as president of Maple Street Biscuit Co., its fast-casual restaurant concept featuring cookies, waffles, potatoes, coffee and other foods for the little one -lunch.
Mr. Maguire was most recently a consultant at Ascend Wellness Holdings. Previously, he was President, CEO and COO of MOD Pizza; President and CEO of Johnny Rockets; President and CEO of Friendly’s Ice Cream, LLC; and Executive Vice President and COO of Panera Bread Co.
Founded in 2012, Maple Street Biscuit was acquired by Cracker Barrel in 2019 for $36 million. The restaurant chain currently operates 50 units, and Sandra Brophy Cochran, president and CEO of Cracker Barrel, on a June 7 conference call to discuss third-quarter results, said Maple Street “continued to perform above our expectations despite its own inflation problems”. pressures.
“We remain very excited about this brand and see it delivering on our investment thesis that the fast-casual breakfast and lunch space is appealing,” Ms. Cochran said. “We have been focused on putting in place the right infrastructure to grow the brand and have made great strides, including refining Maple Street’s real estate model, developing training and operational programs, and hiring key executives. . »