Regal closing again
“Temporarily closed” signs greet visitors to the Regal cinema in Winter Park, Florida.
With the continued postponement of major studio releases and audiences reluctant to return, Regal Cinemas — the second-largest chain in the United States — has announced it is closing all 536 American locations temporarily, again. Regal’s parent company, Cineworld, will also be shuttering its 127 cinemas in the United Kingdom.
The timetable for reopening is unclear but has been estimated at two months from now. Roughly 45,000 employees are affected.
For more information, see The Wall Street Journal.