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Home/Banking News/A Cinema in Nebraska Now Makes An Unexpected Closure
Market News Today - A Cinema in Nebraska Now Makes An Unexpected Closure

A Cinema in Nebraska Now Makes An Unexpected Closure

By Frank Nez
May 17, 2024
2

A cinema in Nebraska now makes an unexpected closure after 20 years in business after severely being impacted by the pandemic.

Cinema 8 in Kearney, Nebraska — about two hours west of Lincoln — said it was “closing its doors indefinitely” after the final showing on May 16, according to the press release.

“This is an incredibly difficult decision,” William Pollack, manager of Kearney Cinema LLC, said.

“The movie theater industry has been severely impacted by the pandemic, competition from streaming services, the writer’s and actor’s strike, lack of blockbuster releases, and spiraling costs,” he explained.

He went on to thank customers and staff saying that the company is, “exploring new opportunities for the building particularly, in the entertainment field.”

“We have been in discussions with potential investors interested in the property.

We are optimistic that location will again soon be known as the ‘ultimate entrainment experience,” the manager expressed.

The 25,000-square-foot popular movie spot was built in 2007 and opened on Thanksgiving day.

Until the chaos of the pandemic shut down theaters, the local entertainment experience sold over 250,000 tickets annually.

The cinema had previously shared a small announcement about the closure on Facebook.

“It’s a sad day for us to have to make this announcement,” it read.

“Thank you to all our customers who have supported us over the many years and thank you to all employees past and present for your loyalty and dedication.

We will forever cherish all of the fun times and great memories.”

The theater was a affordable option for locals with $7.56 matinee tickets for children and seniors and $9.72 adult tickets for evening showings.

On Cinema 8’s website, it posted a warning for patrons with gift cards.

“Attention: if you have gift cards, certificates, or VIPS please use them Thursday, May 16 at closing,” the statement read.

“The Kearney Cinema 8 will be closing permanently [on] May 16.

Our staff has no information about this closure and can not answer questions.”

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Also Read: An Unexpected Retailer Is Now Closing All Stores in Illinois

Other Economy News Today

Market News Today - A Cinema in Nebraska Now Makes An Unexpected Closure.
Market News Today – A Cinema in Nebraska Now Makes An Unexpected Closure.

Another massive retailer is now closing due to crime despite its location being a community staple for several years.

Rampant theft has led Walgreens to permanently close one of its major locations at the White Oak Shopping Center in Maryland, reports The-Sun.

Staff and shoppers told ABC affiliate WJLA-TV that the store was closed due to high rates of theft and crime.

Mobile security cameras were recently added by police in the parking lot around stores in the shopping center.

A source also told WJLA-TV that the shopping center’s management company had to fire their security company and hire a new one.

Just last year, there was an armed robbery inside Walgreens, resulting in a man and a woman taking an unknown amount of money and products.

Robberies have become a major problem in the area as stores get ransacked by violent thieves.

A resident told the outlet she was too scared to leave her car in the shopping center’s parking lot.

She says she saw another woman get assaulted and robbed.

“You can simply be walking and they take your purse and start running and they leave you with nothing,” said Sarah Rodriguez.

“That’s why when I’m here before I get out of my car I always look around first.”

Walgreens corporate execs announced earlier this year that about 150 stores will be closed throughout the US.

This would reduce the company’s corporate staff by about 10%, resulting in over 500 positions being eliminated.

News of a replacement for the store in the White Oak Shopping Center hasn’t been announced.

However, the center has been struggling to replace the Sears location that has sat vacant for over three years.

“Yeah, it’s not good, because everyone is complaining,” said resident Kokou Eafbo.

“This is the only pharmacy we have in this area and suddenly they close, we don’t understand.”

The shopping center had once been a thriving area full of shops in Montgomery County, reports The US Sun.

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Also Read: Retirees Will Now Receive More Money For Social Security

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Market News Today - A Cinema in Nebraska Now Makes An Unexpected Closure.
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2 Comments
  1. Frank Nez says:
    May 17, 2024 at 8:44 pm

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  2. Frank Nez says:
    May 17, 2024 at 8:44 pm

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