Kerasotes Theater Chain Closes After 115 Years in Business

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Distribution sources confirmed published reports that four remaining theaters operated by Chicago-based Kerasotes Theatres are closing immediately. The four theaters, totaling 51 screens, operated in Chicago (South Loop), St. Louis Park (suburban Minneapolis), Mountain View, California; and San Jose, California (Valley Fair Mall). All operated under the ShowPlace Icon brand.

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Just 10 days ago, Kerasotes announced the sale of its Secaucus, New Jersey location to Regal Theaters. Its Boston Seaport District location, which only opened in 2018, closed in March. Sources indicate the St. Louis Park location is being taken over by Milwaukee-based Marcus Theaters, the fourth largest chain nationally, and will reopen in the near future. The fate of the others is not certain, with landlords looking for new operators…

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