Marcus Corporation
| Public | |
| Traded as | NYSE: MCS S&P 600 Component |
| Industry | Hospitality Entertainment |
| Founded | Milwaukee, Wisconsin, United States (November 1, 1935) |
| Founder | Ben Marcus |
| Headquarters | Milwaukee, Wisconsin, United States |
|
Area served
|
Marcus Theatres: Wisconsin, Illinois, Iowa, Minnesota, Nebraska, North Dakota, and Ohio. Marcus Hotels and Resorts: Arizona, California, Illinois, Minnesota, Missouri, Nevada, Ohio, Oklahoma, Texas, and Wisconsin. |
|
Key people
|
Gregory S. Marcus (President and CEO) Stephen H. Marcus (Chairman) |
| Revenue |  US$ 412.8 million (2013)[1] |
| US$ 38.2 million (2013)[1] |
|
| US$ 0.63 per share (2013)[1] |
|
|
Number of employees
|
6,500 |
| Divisions |
Divisions
|
| Website | www |
The Marcus Corporation (NYSE: MCS) is a publicly held company headquartered in Milwaukee, Wisconsin. The company operates two principal divisions: Marcus Theatres and Marcus Hotels and Resorts. One of the company's principal assets, Baymont Motels, was sold to La Quinta Corporation in 2003. Marcus Cable is not associated with the Marcus Corporation.
Marcus Corporation was founded on November 1, 1935 by Ben Marcus with the purchase of a single movie theatre screen in Ripon, Wisconsin. It was also a restaurant franchiser, as it was affiliated with the Big Boy Restaurants chain as Marc's Big Boy and served as the Milwaukee area franchiser for Kentucky Fried Chicken. Marcus exited the restaurant business after closing Marc's and selling of the KFC franchises by 1992.
Marcus Theatres
Marcus Theatres is a United States movie theater chain that owns and/or manages screens in Wisconsin, Illinois, Iowa, Minnesota, Nebraska, North Dakota, and Ohio. In 2000, the chain partnered with MovieTickets.com for advanced ticketing capabilities. This partnership was extended in 2011.[2]
In 2008, Marcus acquired seven theater locations in Nebraska from Douglas Theatre Company.[3]
In August 2013, Rolando B. Rodriguez was appointed as president and chief executive officer of Marcus Theatres.[4] After Rodriguez took over, the company introduced two new initiatives in October 2013: $5 admission for any movie on Tuesdays at select theaters and an alternative programming block known as "Theatre Entertainment Network.[5] In January 2014, Marcus launched an initiative called "Indie Focus" that offers art and independent films in select locations.[6] The chain began a partnership with Fandango in fall 2015, making Fandango its preferred ticketing partner.[7]
Marcus Hotels and Resorts
Marcus Hotels and Resorts, currently owns or manages 19 hotels and resorts in California, Florida, Illinois, Minnesota, Missouri, Nebraska, Nevada, Oklahoma, Texas, and Wisconsin, as well as one vacation club in Wisconsin.
References
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