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Marcus Corporation

The Marcus Corporation
Public
Traded as MCS
S&P 600 Component
Industry Hospitality
Entertainment
Founded Milwaukee, Wisconsin, United States
(November 1, 1935; 81 years ago (1935-11-01))
Founder Ben Marcus
Headquarters Milwaukee, Wisconsin, United States
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 Decrease US$ 412.8 million (2013)
Decrease US$ 0 38.2 million (2013)
Decrease US$ 0 0.63 per share (2013)
Number of employees
6,500
Divisions
Website www.marcuscorp.com

The Marcus Corporation (: MCS) is an American 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.

Marcus Corporation was founded on November 1, 1935 by Ben Marcus with the purchase of a single movie theatre screen in Ripon, Wisconsin (which remains with Marcus as a second-run theater, the Campus Cinema, with titles appealing to the students of Ripon College). 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 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.


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