Kona Grill shuts down restaurant at Chandler Fashion Center

Apr 10, 2019, 1:00 PM | Updated: Apr 11, 2019, 7:54 am

(Google Maps)...

(Google Maps)

(Google Maps)

PHOENIX – Struggling Scottsdale-based Kona Grill has shut down the restaurant at Chandler Fashion Center, the second closure for the chain in less than three weeks.

A spokeswoman for the East Valley mall confirmed the closure Wednesday in an email to KTAR News 92.3 FM.

A week ago, the company reported to the Securities and Exchange Commission that its revenue “has decreased 12.4% and the net loss increased to approximately $32 million, primarily because of a decline in same-store sales” from 2017 numbers.

The same day the Chandler eatery locked its door earlier this week, the company chose an interim chief financial officer, the fifth executive leadership change in under a year.

The casual-dining chain has three other sites in the Valley — two in Scottsdale and one in Gilbert. The company closed a location in northeast Phoenix in late March.

“We look forward to filling that space with another new and exciting tenant in the future,” the mall statement said.

Kona has endured a continuing round of shakeups in the front office for the past several months.

Christi Hing was the latest to take over the CEO spot since August 2018, when Jim Kuhn was fired three months after he’d been hired. Jim Kuhn stepped in, then made way for the man who had helped launch the restaurant, Marcus Jundt. He also had been CEO from 2006 to 2009.

Jundt and Steven Schussler shared the CEO duties until Schussler resigned in January.

Jundt announced his resignation in late March.

Kona Grill, founded in 1998, has about 40 locations in 22 states and Puerto Rico, and Dubai, United Arab Emirates, and Vaughan, Canada.

We want to hear from you.

Have a story idea or tip? Pass it along to the KTAR News team here.

Arizona News

File photo of a Valley Metro Tempe Streetcar. Officials are encouraging people to use mass transit ...

1 woman killed, another injured in crash involving a light rail train in Phoenix

One woman was killed and another was injured in a crash involving a light rail car in Phoenix on Saturday night.

2 hours ago

Phoenix Fire...

David Veenstra

Phoenix police identify teen boy killed in fiery crash

Phoenix police identified the teen boy who died after a fiery automobile crash in south Phoenix on Saturday afternoon.

3 hours ago

sign of tonto national forest displayed at entrance of recreation site...

Tom Kuebel

National Forest Foundation and SRP agree to 5-year forest restoration agreement

The National Forest Foundation and SRP agreed to a five-year partnership to reduce wildfire risk and protect watershed basins in the Tonto National Forest.

4 hours ago

The auction will feature more than 1,300 professionally appraised lots. (Sierra Auction Photos)...

David Veenstra

Arizona Department of Revenue to auction off unclaimed property

The Arizona Department of Revenue is auctioning off unclaimed property from abandoned safe deposit boxes this week.

8 hours ago

Shopping center developer Macerich withdrew its proposal with the city of Phoenix's planning hearin...

Macerich pumps brakes on proposal for new Biltmore office tower

Prominent shopping center owner and developer Macerich Co. is delaying its plans for a new Class A office building.

9 hours ago

Persian New Year Festival...

Annual Persian New Year Festival adds fashion show, musical performance to schedule

This year's version of the Persian New Year Festival will feature three events over four days starting Feb. 28 in Scottsdale.

19 hours ago

Sponsored Articles


DISC Desert Institute for Spine Care

Sciatica pain is treatable but surgery may be required

Sciatica pain is one of the most common ailments a person can face, and if not taken seriously, it could become one of the most harmful.


Fiesta Bowl Foundation

The 51st annual Vrbo Fiesta Bowl Parade is excitingly upon us

The 51st annual Vrbo Fiesta Bowl Parade presented by Lerner & Rowe is upon us! The attraction honors Arizona and the history of the game.

(KTAR News Graphic)...

Boys & Girls Clubs

KTAR launches online holiday auction benefitting Boys & Girls Clubs of the Valley

KTAR is teaming up with The Boys & Girls Clubs of the Valley for a holiday auction benefitting thousands of Valley kids.

Kona Grill shuts down restaurant at Chandler Fashion Center