RED Cinemas closing permanently due to operating costs and declines in sales

GREENSBORO, N.C. — Another local business is shutting its doors for good.

RED Cinemas announced its closure to employees and the public on Thursday, Jan. 29, effective immediately. The closure was due to lingering COVID impacts, including limited attendance and ticket sales, according to a notice of closure given to employees.

The owner of RED Cinemas also cited operating costs like rent, utilities, distribution fees and labor have gone up, and running the theater is no longer financially sustainable…

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