Richmond Outlet Cinemas To Close Permanently - Owner Concerned

== 6/28/2023 11:51 AM ==
RICHMOND, MINECRAFT
The Richmond Outlet Cinemas, located in The Shoppes at Richmond on Outlet Street in Richmond will be showing its last films on June 30th before closing down permanently. The theater which had been opened since 2020 had been declining for a few years due to the opening of bigger theaters in the nearby area. “The Outlet Cinemas did well when I first opened it since at the time, the Cinemark at West Coast Mall didn’t exist and the area had no movie theaters since the AMC closed in 2019, so opening a twin-screen theater was beneficial to the area, overtime the theater market in the area grew making it useless to go to a twin theater.” says Demian Clairidge of Richmond, who’s owned and operated the theater since opening. The CEO of Zamias Services stated he is concerned about the future of the shopping center. “As we are about to begin the construction work of the gazebo and new walkways with ponds, we were informed about the lease termination of the Richmond Outlet Cinemas, this made me and my other employees very concerned about the future of Shoppes at Richmond and if we will be able to find a new owner to take over the movie theater.” says Michael Zamias of Tristate, CEO of Zamias Services. Mr. Zamias stated that barely any tenants have offered to buy any of the empty spaces since buying the shopping center three months ago. “The only tenants that has opened since owning Shoppes at Richmond was Creative Imports, everything else like AT&T, Hot Topic Outlet, Oak Express, Yang Super Buffet and Richmond Outlet Cinemas have remained from the previous ownership, and we are already losing one of those tenants.” says Michael. Zamias Services also stated that there is twelve vacant spaces, some of which were never filled in since the outlet center opened three years ago. Zamias told Village Times that they will continue their very best to try and attract more tenants to the center but are very doubtful anything will improve.