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The Honolulu Advertiser
Posted on: Thursday, June 20, 2002

Business briefs

Advertiser Staff

Burger King to stay in Waikiki

The Hawai'i Burger King franchisee selling most of its roughly 20 local restaurants as part of a bankruptcy reorganization said it will retain its Waikiki store at Kalakaua Avenue and Lewers Street, after it was unable to sell the property at a Tuesday auction.

Cimm's Inc., which filed for Chapter 11 last year, listed the leasehold property for $2 million. The Glendale, Calif.-based company said it will maintain the Burger King restaurant on the site.

Kahala Mall honors tenants

Kahala Mall recognized its best-performing merchants last year with awards based on sales per square foot.

The top achievers, by category, were: Zales Jewelers for specialty retail; VUE Hawaii for men's and women's apparel; Gap Kids for children, family and specialty apparel; Software Etc. for gifts and entertainment; Cinnabon for specialty food; Gourmet Express and Panini Grill for restaurants; Marsha Nadalin Salon & Spa for services; and Riches for stores under 350 square feet.