Cineworld confirms closing dates for 5 UK cinemas
Cineworld has confirmed the closing dates for five of its cinemas across the UK.
Earlier this year, Cineworld announced that it would be closing cinemas in Glasgow Parkhead, Bedford, Loughborough, Yate, and Swindon Regent Circus in the coming months.
It's now been confirmed that the Glasgow Parkhead, Bedford and Swindon Regent Circus branches will shut their doors on October 6, while Loughborough and Yate will close on October 13.
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While the branch in Hinckley, Leicestershire was previously among the cinemas set to close down, it's now been confirmed that it will stay open.
"This is excellent news for the town, for the taxpayer, for the Cineworld employees and for local business," said Hinckley and Bosworth Borough Council leader Stuart Bray.
"High Streets up and down the country are facing challenging times, but Hinckley is bucking that trend."
As well as closing down some of its branches, Cineworld previously announced plans to reduce rent to market level at multiple UK sites in a bid to return Cineworld to profitability.
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A Cineworld spokesperson said: "We are implementing a Restructuring Plan that will provide our company with a strong platform to return our business to profitability, attract further investment from the Group, and ensure a sustainable long-term future for Cineworld in the UK."
Meanwhile, it was announced in June that three Picturehouse cinemas – a cinema chain owned by Cineworld – would also close.
The Picturehouse cinema in Fulham Road was closed on July 11, the Stratford East branch was closed on July 29, and the Bromley site shut its doors on August 1.
"We've made the difficult decision to close Fulham Road, Stratford East and Bromley Picturehouse this summer," Picturehouse said in a statement at the time. "Each are beloved cinemas but increasing operational costs and declining admissions at these venues have left us with no other choice."
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