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Kona Grill: Riding a Wave of Trouble
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Boy, you think it's tricky keeping your restaurant's head above
water right now. Be glad you're not in Marcus Jundt's shoes. He's
chairman, president and c.e.o. of the 22-unit upscale casual dining
chain Kona Grill, and he’s taking heavy fire, very publicly, from his
investors. Their complaint: lousy same-store sales, a stock price swoon
and share dilution via a below-market rights offering limited to Jundt's
father. Their forum: Kona's first quarter conference call, where open
rebellion prevailed.
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More than a dozen hard-hitting topics targeted to grow your concept.
Join your peers at the 2009 Concepts of Tomorrow Conference, September
13-15 in San Francisco to learn about topics such as: upcoming consumer
trends, raising menu prices in this economy, how servers can work a room
for profit, suggestions to build your brand, and how to be sustainable &
profitable.
Click here for
more details.
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Everybody Into The Tip Pool
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With so many industries cutting jobs and closing plants, restaurants
have come to be seen as newly desirable places to work. That's true
despite what the U.S. Bureau of Labor Statistics turned up in its annual
Occupation and Employment Wage Estimates, released last week. The report
showed that the foodservice industry is dead last—still—in worker
compensation. With wages so low, it's no wonder tip-pooling lawsuits
have been filed against chains like Brinker International and Dave &
Buster's and independents like Nobu. We hope you’re not next.
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Contact Information
Publisher: David
Brodowski
Advertising/sponsorship opportunities
New England Rachel
McGaffigan
Midwest & Ohio Sam Wilson
Missouri/Arkansas David
Brodowski
West Lisa Snider
Southeast Doug Mael
Penton Media, Inc.
1300 E. 9th Street
Cleveland, OH 44114
©2009 Penton Media, Inc. All rights reserved.
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