J. Alexander's

Financing

Investor offers to buy J. Alexander’s

Large shareholder Ancora Advisors proposed paying $11.75 per share, saying the company would be better off private.

Leadership

J. Alexander’s names Mark Parkey CEO

Jessica Hagler was named CFO as the company’s longtime CEO Lonnie Stout becomes executive chairman.

The decision could require restaurants to forego the tip credit for side work and untipped activities.

More than half of the restaurant industry’s $491 billion in sales come from the Top 500 chains. And these giants grew at a modestly stronger rate, both in terms of sales and store counts, than the industry overall. Restaurant Business focused on the leading 250 performers to identify trends for our first-ever special report delivering lessons from Technomic’s annual Top 500 Chain Restaurant Report. This special package includes lessons for all operators from the largest chains by segment, menu category and more.

The upscale-casual concept is known for its chef-prepared, wood-fired dishes

A pair of advisory firms are recommending that shareholders vote against the deal.

A new analysis also shows what differentiates a good user-generated review from a negative one.

Overall, the varied menu category is flat, up .3% in sales to $23.9 billion and .5% in units to 7,792.

The deal will give J. Alexander's a firm foothold in New England.

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