Home Again Marcus Theater Orland Park
 | |
| Type | Public |
|---|---|
| Traded as | NYSE: MCS S&P 600 Component |
| Industry | Hospitality Entertainment |
| Founded | Milwaukee, Wisconsin, Us (Nov one, 1935 (1935-11-01)) |
| Founder | Ben Marcus |
| Headquarters | Milwaukee, Wisconsin United States |
| Area served | Marcus Theatres: Wisconsin, Illinois, Iowa, Minnesota, Missouri, Nebraska, Northward Dakota, and Ohio. Marcus Hotels and Resorts: Arizona, California, Illinois, Minnesota, Missouri, Nevada, Ohio, Oklahoma, Texas, and Wisconsin. |
| Fundamental people |
|
| Revenue |  US$ 622.7 meg (2017)[1] |
| Operating income | United states of america$ 075.half dozen meg (2017)[ane] |
| Net income | U.s.a.$ 02.29 per share (2017)[1] |
| Number of employees | seven,500 |
| Divisions | Divisions
|
| Website | www |
The Marcus Corporation (NYSE: MCS) is an American publicly held company headquartered in Milwaukee, Wisconsin. The company operates two principal divisions: Marcus Theatres and Marcus Hotels and Resorts.
History [edit]
Marcus Corporation was founded on November one, 1935 by Ben Marcus with the purchase of a single movie house screen in Ripon, Wisconsin. This movie theater remains with Marcus as a outset run theater, the Campus Cinema (near Ripon College), with titles appealing to both adults and families. It was likewise a restaurant franchisee, operating the Marc'due south Big Boy chapter of the Big Male child Restaurants chain and serving as the Milwaukee expanse franchise for Kentucky Fried Chicken. Marcus sold the KFC franchises by 1992 and closed the concluding Marc's in 1995.
1 of the company's principal assets, Baymont Inn & Suites, was sold to La Quinta Corporation in 2003. Marcus Cable, which merged in 1998 with Charter Communications, was founded by a member of the Marcus family, only held no direct corporate connection to Marcus Corporation itself.
Marcus Theatres [edit]
Marcus Theatres is a U.s.a. movie theater chain that owns and/or manages screens in Wisconsin, Illinois, Iowa, Minnesota, Missouri, Nebraska, North Dakota, and Ohio. In 2000, the chain partnered with MovieTickets.com for avant-garde ticketing capabilities. This partnership was extended in 2011.[2]
In 2008, Marcus caused seven theater locations in Nebraska from Douglas Theatre Company.[3]
In August 2013, Rolando B. Rodriguez was appointed as president and chief executive officeholder of Marcus Theatres.[4] After Rodriguez took over, the company introduced ii new initiatives in Oct 2013: $5 admission for whatsoever moving-picture show on Tuesdays at select theaters and an alternative programming cake known as "Theatre Entertainment Network.[v] In Jan 2014, Marcus launched an initiative chosen "Indie Focus" that offers art and independent films in select locations.[half-dozen] The chain began a partnership with Fandango in fall 2015, making Fandango its preferred ticketing partner.[7]
In December 2016, the chain completed its acquisition of 14 theaters owned past Wehrenberg Theatres in four states.[8]
In Nov 2018, Marcus Theaters, a sectionalization of Marcus Corp acquired Movie Tavern to expand into Arkansas, Colorado, Georgia, Kentucky, Louisiana, New York, Pennsylvania, Texas, and Virginia. The acquisition was valued at $126 million sold in a combination of cash and stock, (NYSE: MCS). This adds 22 locations and 208 screens to the company's at present total 1,098 screens at 90 locations in 17 states, representing a 23% increase in Marcus Theatres' total screen count. The kickoff Moving picture Tavern location opened in 2001 in Fort Worth, Texas, and sold to Southern Theatres in 2013. Motion picture Tavern has get one of the largest and fastest-growing in-theatre dining concepts in the U.s. thanks to their praised bill of fare and unique offerings.[nine]
Marcus airtight all Marcus Cinemas and Motion picture Tavern theaters afterwards 8:xxx p.thou. showtimes on March 17, 2020 indefinitely, due to the bear upon of the COVID-19 pandemic on cinema and post-obit the closures of competitors.[x] Marcus Theaters chairman, president and CEO Rolando Rodriguez pledged total cooperation with the Center for Disease Control (CDC).[ten] The chain began a irksome-procedure reopening in tardily June 2020 with several theaters, before a wider reopening started rolling out on August 21, 2020 to take reward of the wide release for Tenet. With that film underperforming and new product beingness held dorsum as another case surge in Wisconsin happened, Marcus began to re-close some theaters and reduce others to weekend and Tuesday operations only past the start of Oct. It likewise later pushed the redemption menstruum for refills of its almanac low-cost 'unlimited refills' 2020 reusable popcorn bucket for the entirety of 2021.
Marcus Hotels and Resorts [edit]
Marcus Hotels and Resorts, currently owns or manages 17 hotels and resorts in California, Illinois, Minnesota, Nebraska, Nevada, Oklahoma, Texas, and Wisconsin, also every bit 1 vacation guild in Wisconsin.
See likewise [edit]
- Hilton Milwaukee City Center
References [edit]
- ^ a b c "The Marcus Corporation 2018 Annual Meeting". Marcus Corporation. Retrieved June 20, 2018.
- ^ "MovieTickets.com and Marcus Theatres® Extend Decade Long". Bloomberg L.P. February 15, 2011. Retrieved April 23, 2015.
- ^ "Marcus Theatres to Acquire 7 Douglas Theatres Locations in Nebraska". The BigScreen Movie theater Guide. SVJ Designs. April 24, 2015. Archived from the original on April 7, 2015. Retrieved April 24, 2015.
- ^ "Rolando B. Rodriguez Appointed President and CEO of Marcus Theatres® and Executive Vice President of The Marcus Corporation". Business concern Wire. Berkshire Hathaway. August 1, 2013. Archived from the original on March 2, 2014. Retrieved April 23, 2015.
- ^ Vogel Davis, Stacy (Oct 11, 2013). "Marcus tries new ideas to make full theaters". Milwaukee Business Journal. American City Business Journals. Retrieved April 23, 2015.
- ^ "Marcus Theatres Launches Indie Focus". Business Wire. Berkshire Hathaway. January xv, 2014. Retrieved Apr 24, 2015.
- ^ McClintock, Pamela (April 21, 2015). "CinemaCon: Fandango Partners With Marcus Theatres". The Hollywood Reporter. Prometheus Global Media. Retrieved April 23, 2015.
- ^ Boulton, Guy (December 16, 2016). "Marcus Theatres completes acquisition". Milwaukee Journal Sentry. USA Today. Retrieved Baronial 15, 2017.
- ^ "Marcus Theatres to Acquire Movie Tavern Circuit from VSS-Southern Theatres, LLC". The Marcus Corporation. November 2, 2018. Retrieved February 11, 2019.
- ^ a b "Marcus Theaters closes all locations due to COVID-nineteen concerns". March 17, 2020.
External links [edit]
- Official website
Source: https://en.wikipedia.org/wiki/Marcus_Corporation
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