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J. Alexander's Holdings history
J. Alexander's Holdings company history timeline
In 1971 the business was sold to Heublein Inc., with Massey pocketing $45 million in the deal.
1971: The company forms to lease equipment.
He cut his ties to Hospital Corp. in 1978, but he did not have to worry about retirement and the boredom that accompanied it.
Also in 1982, Volunteer Capital changed its name to Winners Corp.
Following a difficult first quarter in 1986, President and CEO M.V. Hussung, Jr., resigned.
Winners found itself the object of an unwelcome suitor in 1988 when F.J. Spillman, the former head of the Pizza Inn chain, announced his desire to buy the Mrs.
Massey died in February 1990 at the age of 85, replaced as chairman by Stout, and would not see the birth of the company's upscale dinner-house concept, J. Alexander's.
The company resumed opening new units in 1994, moving into Columbus, Ohio, and Oak Brook, Illinois.
Volunteer Capital opened four restaurants in 1995, in Ft.
Clearly, the J. Alexander's chain was the future of the company, and so in November 1996 Volunteer Capital sold 52 of its 58 Wendy's restaurants to Wendy's International.
After posting a profit of $7.2 million in 1996, the company now suffered a loss of nearly $6 million.
In 1998 revenues grew to $74.2 million (for 53 weeks due to a change in the company's fiscal year), and the net loss fell to $1.5 million.
1998: Management rejects a bid by O'Charley's Inc. to buy the J. Alexander's chain.
Despite difficult economic conditions that prevailed in 2001, J. Alexander's managed to remain profitable.
Management decided not to add any new restaurants in 2004, electing rather to concentrate on the growth of its existing units.
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J. Alexander's Holdings competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Grill Concepts | 1984 | $100.0M | 1,470 | 7 |
| Del Frisco's Restaurant Group | 1981 | $361.4M | 6,595 | - |
| Bloomin' Brands | 1988 | $4.1B | 93,000 | 2,158 |
| Ruth's Hospitality Group | 2008 | $505.9M | 4,527 | - |
| Darden Restaurants | 1968 | $11.4B | 175,000 | 5,331 |
| Paul Martin's American Grill | 2007 | $5.3M | 750 | - |
| BJ's Restaurants | 1978 | $1.4B | 23,000 | 992 |
| Uccello's Ristorante | 1996 | $9.2M | 10 | - |
| Flanigan's Seafood Bar and Grill | 1959 | $137.3M | 1,555 | 107 |
| Lure Fish House | 2010 | $3.2M | 89 | 6 |
J. Alexander's Holdings history FAQs
Zippia gives an in-depth look into the details of J. Alexander's Holdings, including salaries, political affiliations, employee data, and more, in order to inform job seekers about J. Alexander's Holdings. The employee data is based on information from people who have self-reported their past or current employments at J. Alexander's Holdings. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by J. Alexander's Holdings. The data presented on this page does not represent the view of J. Alexander's Holdings and its employees or that of Zippia.
J. Alexander's Holdings may also be known as or be related to J Alexander's Holdings Inc, J. ALEXANDER S HOLDINGS INC., J. Alexander's Holdings, J. Alexander's Holdings, Inc. and J. Alexander’s Corporation.