Back in September, Cineworld announced that it was going into a period of major re-organisation in order to become more financially viable.
It immediately closed 5 of it's branches.
Glasgow
Bedford
Loughborough
Yate
Swindon.
Today it has announced that the restructuring is complete, with new rents being agreed for the bulk of it's sites, but 6 sites will be closing down because the landlords chose to reclaim their properties.
Castleford
Leigh
Middlesbrough
Northampton
Poole
Weymouth
The company says it intends to invest approx £35million in refurbishing and improving it's existing sites.
Cineworld to close more branches
Cineworld to close more branches
To those just starting on the journey of life I say...
Bang your own drum. Walk your own path. Live wildly. Love fiercely.
As you near the end, look back with no regrets.
Bang your own drum. Walk your own path. Live wildly. Love fiercely.
As you near the end, look back with no regrets.
- Rich-Allen1976
- Dark Blue Member
- Posts: 8184
- Joined: 03 Sep 2022, 14:31
-
Cineworld to close more branches
So they're not closing the Sheffield Valley Centertainment one? The reason I cancelled my Unlimited card and started going to the Odeon was because there was a rumour going round that they would close the Sheffield Cineworld.
I don't beee-lieve it!