A luxury movie theater chain abruptly closes locations due to financial crisis amid shifts in consumer behavior.
"We are truly saddened to be leaving so soon," the owners wrote in an Instagram post announcing the closure.
The Battleground Avenue theater says the closure is effective immediately; its final screening was last week.
The multiplexes shunned snack bars and offered seat-side service of burgers, pizza and cocktails in its auditoriums.
It’s no secret that the movie theater industry has been struggling for a while in the United States. As such, the shuttering ...
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More than 300 US retail stores, including locations of Yankee Candle, Macy's, and Kroger, are set to close by the end of 2026. Major chains are citing efficiency as the reason behind the closures.
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