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J. Alexander’s Holdings is ‘pursuing strategic alternatives’ after tough year impacted by COVID-19 The J. Alexander’s Restaurant, Stoney River Legendary Steaks and Redlands Grill parent group is completing an evaluation after a 20% drop in sales in December J. Alexander’s Holdings, Inc. the Nashville, Tenn.-based parent company of J. Alexander’s Restaurant, Stoney River Legendary Steaks, and Redland Grill provided a business update Tuesday after announcing in December that the company would be “pursuing strategic alternatives” following a tough year due to the economic effects of COVID-19. The company did not discuss the results of the analysis so far, with J. Alexander’s chairman of the board, Lonnie J. Stout, saying that they have “committed to completing” the review as their restaurants slowly move toward full indoor dining capacity again. ....