Skip to content
Join our newsletter for news & blogs on-the-go. Subscribe Here!
FrankNez - Retail News, Financial News, Economy News, Stock Market News, Business News About FrankNez FrankNez

Financial News & Journalism

FrankNez - Retail News, Financial News, Economy News, Stock Market News, Business News About FrankNez FrankNez

Financial News & Journalism

  • News
  • Economy
  • U.S. Banking
  • Stock Market
  • Business
  • Retail Investors
  • Hedge Funds
  • Market Manipulation
  • Blog
  • About
    • Editorial Policy
    • Privacy Policy
  • News
  • Economy
  • U.S. Banking
  • Stock Market
  • Business
  • Retail Investors
  • Hedge Funds
  • Market Manipulation
  • Blog
  • About
    • Editorial Policy
    • Privacy Policy
Close

Search

  • Facebook
  • X
  • LinkedIn
Subscribe
FrankNez - Retail News, Financial News, Economy News, Stock Market News, Business News About FrankNez FrankNez

Financial News & Journalism

FrankNez - Retail News, Financial News, Economy News, Stock Market News, Business News About FrankNez FrankNez

Financial News & Journalism

  • News
  • Economy
  • U.S. Banking
  • Stock Market
  • Business
  • Retail Investors
  • Hedge Funds
  • Market Manipulation
  • Blog
  • About
    • Editorial Policy
    • Privacy Policy
  • News
  • Economy
  • U.S. Banking
  • Stock Market
  • Business
  • Retail Investors
  • Hedge Funds
  • Market Manipulation
  • Blog
  • About
    • Editorial Policy
    • Privacy Policy
Close

Search

  • Facebook
  • X
  • LinkedIn
Subscribe
Investors Now Press Trump on The MMTLP Scandal: What’s Next?
Certain Banks and Credit Unions Can Now Freeze Accounts Under New Law
Margin Call Forces Citadel Rival Into $15 Billion Loss
Home Sales Fall To A New Record Low
More US Consumers Are Beginning to Cut Retail Spending
Beloved Grocery Store Ice Cream Company Now Files Unexpected Bankruptcy
Fed Report: Auto Loan and Mortgage Delinquencies Soar Amongst Americans
Another Grocery Store Chain Now Joins Major Trader Joe’s Recall
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.”

For more store closure news and updates like this, opt-in for push notifications.

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.

For more news and updates like this, opt-in for push notifications.

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

Market News Published Daily 📰

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

Don’t forget to opt-in for push notifications so you don’t miss a single article!

Also, thank you to all of our blog sponsors.

This year we’ve been able to increase push notifications slots making it more convenient than ever for new readers to receive their daily market news and updates.

Scroll below to view my stock purchases this month!

You can also follow me on X (Twitter), Instagram, Facebook, or LinkedIn for daily news and updates on your favorite stories.

More Market News 📰

Frank Nez’s Stock Portfolio

Wondering which stocks Frank Nez is holding? Which stocks is Frank Nez buying?

Frank Nez is now sharing his exclusive and personal stock portfolio with readers, only on the Patreon.

11/16/2023 – Today I invested $1,000 in two different stocks for a brand new stock dividend portfolio I am creating for 2024.

View Stock Portfolio

Recommended For You ✨

  • Wells Fargo is Now Freezing Bank Accounts in New Scandal
  • Florida Now Has Massive Departures As Hundreds of Thousands Leave
  • A US Bank is Now Denying Customers Access to Money
  • A Massive US Bank is Now Closing Credit Cards
  • California Now Has Massive Departures As Hundreds of Thousands Leave
  • The US Treasury Direct is Now Freezing Customer Accounts


Tags:

Business NewsFinance NewsInvesting NewsJPMorganMarket NewsStock Market News
Author

Frank Nez

Frank Nez is an American entrepreneur, journalist, writer, and investor. Frank's work has been cited by SEC and Congressional reports. Franknez.com is a personal finance and market news publication, dedicated to publishing content on money, investing, entrepreneurship, and retail investor news.

Follow Me
Other Articles
Market News Today - An Unexpected Restaurant Is Now Closing 11 Locations in Florida
Previous

An Unexpected Restaurant Is Now Closing 11 Locations in Florida

Market News Today - A Massive Texas Company Now Cuts 600 Jobs in California
Next

A Massive Texas Company Now Cuts 600 Jobs in California

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

    Leave your thoughts below.

    Log in to Reply
  2. Frank Nez says:
    May 17, 2024 at 8:44 pm

    For more news and updates like this, opt-in for push notifications.

    Log in to Reply

Leave a Reply Cancel reply

You must be logged in to post a comment.

NEW POSTS

  • Investors now press Trump on MMTLP scandal - MMTLP news
    Investors Now Press Trump on The MMTLP Scandal: What’s Next?
  • The ASSET Act allows banks and credit unions to freeze bank accounts
    Certain Banks and Credit Unions Can Now Freeze Accounts Under New Law
  • Jane Street $15 Billion Loss
    Margin Call Forces Citadel Rival Into $15 Billion Loss
  • Home sales fall to a new record low
    Home Sales Fall To A New Record Low
  • More US Consumers Are Beginning to Cut Retail Spending
    More US Consumers Are Beginning to Cut Retail Spending
Unlock your personal brand ebook

Trending Market News 📈

Investors now press Trump on MMTLP scandal - MMTLP news

Investors Now Press Trump on The MMTLP Scandal: What’s Next?

Frank Nez
By Frank Nez
August 22, 2026
The ASSET Act allows banks and credit unions to freeze bank accounts

Certain Banks and Credit Unions Can Now Freeze Accounts Under New Law

Frank Nez
By Frank Nez
August 22, 2026
Jane Street $15 Billion Loss

Margin Call Forces Citadel Rival Into $15 Billion Loss

Frank Nez
By Frank Nez
August 18, 2026
Housing News - Gen Z And Millennials Are Now Choosing Stocks Over Houses

Gen Z And Millennials Are Now Choosing Stocks Over Houses

Frank Nez
By Frank Nez
August 9, 2026
Market Manipulation News - Andrew Left

Famous Short Seller Said Market Manipulation Was Like “Taking Candy From a Baby”

Frank Nez
By Frank Nez
June 8, 2026
Vanguard and BlackRock Now Enter Lawsuit For Market Manipulation

Vanguard and BlackRock Now Enter Lawsuit For Market Manipulation

Frank Nez
By Frank Nez
August 5, 2025
Citadel Securities Is Now Warning The SEC About Using Blockchain

Citadel Securities Is Now Warning The SEC About Using Blockchain

Frank Nez
By Frank Nez
July 22, 2025
Cramer Now Speaks on AMC Amid Bullish Bet on IMAX

Cramer Now Speaks on AMC Amid Bullish IMAX Bet

Frank Nez
By Frank Nez
July 21, 2025
AMC Now Soars 11%, Is A Short Squeeze Imminent?

AMC Now Soars 11%, Is A Short Squeeze Imminent?

Frank Nez
By Frank Nez
July 11, 2025
Economists Now Say Prices Will Continue To Rise, "This Is Just The Beginning"

Economists Now Say Prices Will Continue To Rise, “This Is Just The Beginning”

Frank Nez
By Frank Nez
July 11, 2025

About

FrankNez is a leading journalism & independent media platform that thrives on community. Read the latest in U.S. Economy, Banking, Markets, and more.

Email: contact@franknezmedia.com

Contact: media@franknez.com

Recent Posts

  • Investors Now Press Trump on The MMTLP Scandal: What’s Next?
  • Certain Banks and Credit Unions Can Now Freeze Accounts Under New Law
  • Margin Call Forces Citadel Rival Into $15 Billion Loss
  • Home Sales Fall To A New Record Low
  • More US Consumers Are Beginning to Cut Retail Spending

Mentioned By

Yahoo Finance - FrankNez

Company

Privacy Policy

Editorial Policy

About FrankNez

Copyright 2026 — FrankNez. All rights reserved.