WAYZATA Minn. After hiring a new chief executive to jump-start growth, the four-unit Redstone American Grill chain has secured $25.6 million in expansion funding from two sources. The chain, a venture of Champps Entertainment founder Dean Vlahos, plans to open three new restaurants in 2008, one of which is under construction in Plymouth Meeting, Pa.The infusion of capital follows Redstone’s recent announcement that David Goronkin, the former president and chief executive of Famous ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to NRN we ask that you register now.We promise it will only take a few minutes!
Questions about your account or how to access content?