Neha Patil (Editor)

Marcus Corporation

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Type
  
Public

Founded
  
1935

Founder
  
Ben Marcus

Traded as
  
NYSE: MCS S&P 600 Component

Industry
  
Hospitality Entertainment

Area served
  
Marcus Theatres: Wisconsin, Illinois, Iowa, Minnesota, Missouri, 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)

Stock price
  
MCS (NYSE) US$ 31.60 -0.25 (-0.78%)20 Mar, 4:02 PM GMT-4 - Disclaimer

Headquarters
  
Milwaukee, Wisconsin, United States

CEO
  
Gregory S Marcus (6 Jan 2009–)

Subsidiaries
  
Marcus Theatres Corporation, Marcus Hotels Inc

Profiles

Meet the masters steven and gregory marcus marcus corporation


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, which merged in 1998 with Charter Communications, was founded by a member of the Marcus family, but held no direct corporate connection to Marcus Corporation itself.

Contents

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 franchisee, operating the Marc's Big Boy affiliate of the Big Boy Restaurants chain and serving as the Milwaukee area franchise for Kentucky Fried Chicken. Marcus sold the KFC franchises by 1992 and closed the last Marc's in 1995.

Marcus Theatres

Marcus Theatres is a United States movie theater chain that owns and/or manages screens in Wisconsin, Illinois, Iowa, Minnesota, Missouri, Nebraska, North Dakota, and Ohio. In 2000, the chain partnered with MovieTickets.com for advanced ticketing capabilities. This partnership was extended in 2011.

In 2008, Marcus acquired seven theater locations in Nebraska from Douglas Theatre Company.

In August 2013, Rolando B. Rodriguez was appointed as president and chief executive officer of Marcus Theatres. 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. In January 2014, Marcus launched an initiative called "Indie Focus" that offers art and independent films in select locations. The chain began a partnership with Fandango in fall 2015, making Fandango its preferred ticketing partner.

In December 2016, the chain completed its acquisition of 14 theaters owned by Wehrenberg in four states.

Marcus Hotels and Resorts

Marcus Hotels and Resorts, currently owns or manages 17 hotels and resorts in California, Illinois, Minnesota, Nebraska, Nevada, Oklahoma, Texas, and Wisconsin, as well as one vacation club in Wisconsin.

References

Marcus Corporation Wikipedia