CMX Cinemas Weighs Closing Theaters as Box Offices Struggle (1)

Cinemex Holdings USA, the owner of the CMX Cinemas movie theater chain, is exploring options that may include selling assets or closing locations, according to people familiar with the situation.

The dine-in theater chain, which went through a bankruptcy during the pandemic, is getting advice from A&G Real Estate Partners as it examines its footprint, said some of the people, who asked not to be identified discussing a private matter.

CMX and A&G didn’t respond to requests seeking comment.

The decision follows a string of industry closures and debt restructurings in the wake of Covid-19 lockdowns and the rise ...