J. Alexander's
| Company type | Public |
|---|---|
| Industry | Food service |
| Founded | 1971 |
| Founder | Jack C. Massey, Earl Beasley Jr., John Neff Jr. |
| Headquarters | Nashville, Tennessee , United States |
Area served | United States |
Key people | Mark Parkey (CEO), Jessica Hagler (CFO), Mike Moore (COO) |
| Products | Casual dining restaurants (J. Alexander's, Stoney River Steakhouse & Grill, Redlands Grill, Lyndhurst Grill) |
| Owner | SPB Hospitality |
Number of employees | 2700 (2007) |
J. Alexander's Holdings Inc. is a U.S.-based restaurant enterprise that operates multiple casual dining brands. With its headquarters located in Nashville, Tennessee, the firm oversaw 44 establishments as of 2017. Its brand lineup comprises subsidiaries including Stoney River Steakhouse & Grill, Redlands Grill, and Lyndhurst Grill.
In 2016, the company generated revenues amounting to US$304 million. By 2007, its total assets were valued at US$104 million, with shareholders' equity at US$62 million, supported by a staff of roughly 2,700 employees. The executive leadership team features CEO Mark Parkey, CFO Jessica Hagler, and COO Mike Moore. Operating within the competitive food service sector, J. Alexander's is owned by SPB Hospitality.
The organization’s strategy centers on delivering premium casual dining across its various brands, aiming to attract a wide customer base seeking exceptional service and unique menu offerings. Its management prioritizes sustainable expansion through brand diversification and enhanced operational effectiveness.
History
Established in 1971 under the name Volunteer Capital Corporation by Nashville entrepreneurs Jack C. Massey, Earl Beasley Jr., and John Neff Jr., the company launched its inaugural restaurant in Nashville, Tennessee, in 1991.
In 2012, Fidelity National Financial acquired J. Alexander's, which was later separated from Fidelity in 2015. An attempted acquisition of Ninety Nine Restaurant and Pub from Fidelity in 2017 was aborted due to shareholder resistance against Fidelity reclaiming control. By 2019, the company operated 46 dining locations across 16 states.
During April 2020, J. Alexander's secured $15.1 million through the Paycheck Protection Program (PPP) under the CARES Act but subsequently returned the funds following public criticism.
On July 2, 2021, it was announced that SPB Hospitality—the parent company of Logan's Roadhouse—would acquire J. Alexander's for $220 million; this transaction was finalized on September 30, 2021.
Customer service
In 2019, a class action lawsuit was filed against the company concerning allegations of racial discrimination at a Michigan-based restaurant, where a black patron asserted she was asked to relinquish her seat to a white customer. The company refuted these claims by presenting surveillance evidence that contradicted the accusation.