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The results showed that Kona struggled during the first few months of 2024 as guest traffic dropped by 14% and same-store sales decreased by 9.7%.RELATED: 10 Restaurant Chains Tha
Restaurant founder, Michael McDermott, decided to create Kona Grill with more American-themed menu items. The new restaurant was made to have a modern ambiance. McDermott sold Sushi on Shea in 2002 to focus on expanding Kona Grill. [8] Kona Grill went public on August 16, 2005, with an initial public offering of $11 per share on the NASDAQ. The ...
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Sushi on Shea was sold in 2002 so efforts could be focused on growing Kona Grill. [3] Kona Grill went public on August 16, 2005 with an IPO of 2,875,000 shares at a cost of $11 per share. The company raised $28.8 million and grew its restaurant base to 9 locations by December 31, 2005. [4] [5] By 2014, Kona Grill had grown to 26 restaurants in ...
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In 2008, Boscov's filed for Chapter 11 Bankruptcy, causing 10 stores to close, the Harrisburg Mall location being one of them. [6] The building has been vacant since. On July 9, 2009, the Harrisburg Mall was sold at sheriff's sale to three financial groups after the previous owner, Feldman Lubert Adler defaulted on a $52.5 million mortgage. [ 7 ]
The View star and legal expert Sunny Hostin's husband, Dr. Emmanuel "Manny" Hostin, is among the nearly 200 people named in a new federal lawsuit that accuses the New York City doctor of insurance ...
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