Business Services Industry
Loews Pushes Plan for 16-Screen Paramus, N.J., Theater.
Knight Ridder/Tribune Business News, July, 2003
By Merry Firschein, The Record, Hackensack, N.J. Knight Ridder/Tribune Business News
Jul. 24--PARAMUS, N.J.--The president of Loews theaters expects 25,000 to 35,000 customers on a "good" weekend at the proposed 16-screen movie theater at Garden State Plaza.
On a slow weekend, he expects 15,000 to 21,000.
The executive says that if the theater is approved by the Paramus Planning Board, the company would close its 10-screen cinema on Route 4.
Garden State Plaza officials have stated that the three-screen theater already at the mall would be razed if the Loews project is approved.
Travis Reid, president and chief executive officer of Loews Cineplex Entertainment Corp., discussed the proposed theater at Tuesday's meeting...
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