Monday, September 24, 2012

Is Mall's Movie Theater Struggling?


I just got a Groupon offer to purchase tickets to either of two local Regal theaters, including the one at the Greece Ridge Mall. Groupon offers seem to closely precede total doom (i.e. closing, bankruptcy, etc.) for a lot of businesses, like Perkins. Could our movie theater be teetering on the edge of economic ruin?
  

20 comments:

Anonymous said...

Scats,

You can't be serious.

Regal Entertainment Group offers a nationwide discount through a premier on-line marketing tool and you somehow decide this means that the theater in the mall is at risk of bancruptcy.

Apparently your cup is forever Half-Empty.

I also got a Groupon from the Hilton Hotel in Niagara Falls in Canada. Apparently they are on the brink of bankruptcy as well....

SCATS said...

To 10:44AM ~~ Businesses that are flourishing don't usually have to deep discount in the mass market to drum up business, do they? Groupons = deep discount.

Anonymous said...

Do you live in cave?

That is exactly what businesses that are flourishing do.

Successful businesses often offer discounts to attract customers during times of the year when there may be a seasonal slow-down. Surprisingly enough, early fall is typically a slow time of year for theaters as Hollywood holds off on new releases for the holidays.

I received a 20% off coupon once a month or more from Bed Bath and Beyond - I guess they a close to bankruptcy as well?

SCATS said...

To 11:50AM ~~ Obviously, you didn't get the Groupon I'm talking about AND you don't understand the meaning of "deep discount". A 20% off coupon is SOP for retailers.

Anonymous said...

I saw the same Groupon and the discount is 48%. or $13 for two tickets to a show. It is only available for purchase for about a week.

It exempts new releases and 3D movies.

It is also avaiable for use at ALL of the over 500 Regal Entertainment locations across the United States.

How one can even think this is a sign of a failing business is beyond comprehension. Increasing customer flow during typically slow periods of the year is pure marketing genius, especially since the theater makes nearly all its money on concessions and not entry fees.

Anonymous said...

Off Topic, SCATS, but I see that Maggie's Republican controlled legislature has voted down a resolution that would have asked cemeteries to try to take care of indigent burial sites. The only problem with the totally watered down legislation was that it was proposed by the Democrats on the committee. I guess we need to have Maggie sentenced to watch her TV ad on how we "work across party lines in Monroe County". After all, passing this would have made the second Democrat proposal to be voted on, and we certainly wouldn't want to show weakness in an election year, would we?
I am surprised that the Fair Election Campaign board hasn't been asked to declare her ad a complete fabrication and an utter misstatement of truth.

Anonymous said...

Scats, since you never TOLD us how "deep" YOUR discount was, how would we know your definition of a "deep" discount? Geez!

Anonymous said...

I doubt it. Taken from the Groupon offer page:

VIP Super Saver e-Tickets are redeemable at any Regal Entertainment Group theatre box office nationwide, including Regal Cinemas, United Artists Theatres and Edwards Theatres. Regal Entertainment Group operates the largest theatre circuit in the world, with over 522 theatres in 37 states and the District of Columbia. Visit www.REGmovies.com for participating theatres and show times.

SCATS said...

To 2:06PM ~~ I was under the impression that both sides had complained to the Fair Election Campaign Practices Board about various ads, though I'm not sure which Maggie ad you are talking about. Does she have an ad about the indigent burials?

To 2:41PM ~~ I think most people realize that 20% is not a "deep discount" nevermind the fact that when someplace like Bed, Bath & Beyond puts out a coupon every month, it becomes almost meaningless.

SCATS said...

To 1:02 & 3:20PM ~~ I'm well aware of the details of the offer. Groupons for other failing businesses were "valid everywhere" too, as in the case of Perkins.

I know it's not politically correct to EVER even hint that something might be amiss at Greece Ridge Mall ... but anyone with a brain and two eyes and two ears knows that mall has some BIG ISSUES ;)

Anonymous said...

I think the point from 2:06 is that Maggie has an ad about how she has worked across the political lines to improve the lives of Monroe COunty. The vote in the legislature, like all the other non votes on every one of the proposals from the Democrats in the legislature, except one, show that Maggie hasn't reached across the political divide at all. In fact she is every bit as partisan as the folks in Washington she claims are dysfunctional. I would think such hypocrisy would cause the ad to be removed.

SCATS said...

To 6:42PM ~~ I'm not sure if they would make that sort of judgment. The Dems should complain & see where it goes. I agree she hasn't reached far at all.

Anonymous said...

A source close to the theater mgr told me that there is absolutely no truth to the story that they are in financial trouble He was told that at this time of the year they are normally slow so they offer promotions. one reason given was the lack of quality movies being released at this time.Producers usually hold the good stuff back until after Thanksgiving and before Christmas. In fact he told him with the mall expansion at the east end they anticipate increased volume when this happens.Actually what they are doing is smart marketing. The reason being by offering these freebies they are getting fannies in the seats and those fannies eat and patronize their concession stand and pay a ridiculous mark up on pop corn etc. If you have ever bought a small pop corn there you know what I mean. Pure profit on concession s.secondly they do not have to count these admissions when paying the producers a percentage of each paid admission. As I said a great marketing tactic.

SCATS said...

To 2:19PM ~~ Third party info isn't valid according to your previous comments on other threads, remember?

Anonymous said...

I'm sorry but I don't understand what you means ther threads I think you are confused. I never said that in any comments made. It seems to me a lot of info posted here are rumors based on such information you even do it yourself I don't think you have direct involvement in each caselike this story.

Anonymous said...

Scats @ 3:14pm

Even when confronted with logical explanations and "sourced" material you still refuse to admit that your premise is incorrect.

Promotions are run all the time by extremely successful endeavours and are, in fact, the reason many are successful in the first place.

The poster at 2:19pm is correct in every point. Normally slow time of year, promotion to increase traffic, increase in profitable concession sales and no financial downside to the theater owner.

Why can't you admit your theory is unfounded? Or, better yet, please explain how your theory is correct.

Anonymous said...

A very weak comeback, SCATS. How can you possibly know which "anonymous" posts where? (Unless, of course, you're keeping track of our IP addresses! Are you doing that? Hmmmm.)

SCATS said...

To 3:53PM ~~ Nope, I'm definitely not "confused." You are free to think whatever you like ;)

To 4:04PM ~~ I'd respond to you but I'm still LMAO at your idea of "sourced material!"

To 5:08PM ~~ I'll start taking vitamins again. Thank you for your concern :)

Anonymous said...

Amazing that you, Scats, are completely unable to admit when you are wrong or defend your position.
You select which portion of which posts to respond to.
It would be nice if you could simply admit we're wrong.

I suspect that you won't.

SCATS said...

To 10:20PM ~~ Re: "It would be nice if you could simply admit we're wrong.

I suspect that you won't."


OK ... have it your way. YOU ARE WRONG :)

Happy now?