The Alamo Drafthouse Cinema in Woodbury, known for its arthouse films, expansive dinner menu and craft beer, closed Thursday after a Texas-based franchise operator filed for federal Chapter 7 bankruptcy protection, according to Minnesota Public Radio and other published reports.
Employees of franchise operator Two is One and One is None said they were taken aback as they shared news of the closings on social media on Thursday. Five of the six newly-shuttered locations are in North Texas.
“In 2023 our company lost over $1 million,” reads the social media post signed by Bill DiGaetano, chief executive officer of the 13-year-old company, who blamed its demise on the pandemic and the public’s changing theater habits. “This shutdown is expected to be permanent and all employees will be terminated.”
“It is breaking my heart that … this is where we are left,” added DiGaetano, who had led reporters on a tour of the location at the west edge of the Woodbury Lakes Mall when it opened in 2018.
Efforts to reach managers at the Woodbury location for comment were unsuccessful on Thursday.
A spokesperson for Alamo Drafthouse Cinema said in a statement to MPR News that the operators of the national cinema chain were “disappointed to learn today” of the business decision: “However, we are working as quickly as possible to get Alamo Drafthouse Cinema back up and running in these cities. All other Alamo Drafthouse locations are operating as normal, with continued expansion plans across the country.”
Related Articles
‘Eternally grateful for the kindness’: Russian transgender refugee reunited with husband at MSP Airport
Sen. Nicole Mitchell says she won’t step down after DFL call for resignation
Minnesota man sentenced for soliciting minor to have sex with dog
As part of I-94 project, ramp closures set to begin this week along I-494 and Tamarack Road
Woodbury to hold open house on new $400M water treatment plant
Leave a Reply