closures Archives

The parent company of Decurion has issued a statement about the closures Deadline speculates that the parent company has handed the keys back to landlords on all of the Arclight and Pacific properties This doesn't mean that the company is bankrupt but that they are "part of a thick lease negotiation What happens in this[...]

Why Cineworld CEO Mooky Greidinger puts blame of shuttering its Regal Cinemas chain in US and UK on New York Gov. Andrew Cuomo.

Nonetheless, the company is beginning to roll out an ongoing plan that will also result in even more store closures into the next two years. "While that is an impressive statistic, we have a clear opportunity to improve our overall profitability by de-densifying our chain," he said "That work is well underway We are on track[...]