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Marcus Theatres company history timeline

1942

In 1942 Marcus was finally forced to acknowledge that he could not grow his business single-handedly and hired Joe Strother away from his archrival, the Fox movie house circuit (then the largest chain in the midwest) to act as his film buyer and booker.

1948

Marcus was named president of the Wisconsin Association of Theatre Owners in 1948, and a year later he built the first of 14 outdoor movie theaters bearing the Marcus name--just in time to capitalize on the new postwar enthusiasm for the automobile.

1949

1949 Marcus Theatres opens its first drive-in movie theatre.

1956

He recruited Rosemary Steinfest, a Marcus employee since 1956, to serve as the hotel's director of sales (a rarity in the male-dominated world of the United States hotel industry) and brought his son Steve, a lawyer and real estate developer, aboard to manage the restoration.

1957

In 1957, Marcus and Kilberg headed to California to make their Florida amusement park pitch to Disney executives.

1958

The first Marc's Big Boy opened on Milwaukee's northwest side in October 1958 and soon became a solid success, spawning six new Big Boys in the Milwaukee area over the next four years.

1963

The Guest House Inn was the result, and by 1963 Marcus had opened a second Guest House Inn 40 miles to the east in Manitowoc.

1967

In 1967 Harlan Sanders's Kentucky Fried Chicken (KFC) empire had come under the supervision of John Y. Brown, who decided to grow the chain by requiring that individual franchisees move the product off their menus and into dedicated KFC restaurants.

1972

The 1972 public stock offering gave Marcus the wherewithal to fuel a major expansion, which by the end of the decade saw the number of Marcus theaters and restaurants more than double to 83 and 109, respectively.

With his diversification strategy an unqualified success, Marcus reformed his company, which until then had operated as a network of 32 corporate fiefdoms, as the Marcus Corporation in 1972 and went public, with the Marcus family retaining a majority of shares.

1972 Company purchases the Sheraton Schroeder Hotel in Milwaukee, now the Hilton Milwaukee.

1974

1974 First Budgetel Inn opens in Oshkosh, Wis.; concept developed by Steve Marcus.

1980

Three years after Steve Marcus was named president and COO in 1980, Marcus began another ambitious expansion program, opening a new multiple-screen state-of-the-technology movie complex in the Milwaukee suburb of Waukesha.

1989

By 1989 fierce competition from new limited service hotel chains like Red Roof Inns, Days Inn, Comfort Inns, and La Quinta Inns was forcing Marcus to step away from the no-frills concept that had initially defined Budgetel's niche.

1991

In 1991, Ben Marcus officially retired after 56 years at the helm, and Steve Marcus was named chairman of the board.

1992

1992 Greg Marcus joins the company.

1993

In 1993 Marcus moved into the resort end of the lodging industry with the purchase and renovation of the Americana Lake Geneva Resort (renamed the Grand Geneva Resort and Spa), a former Playboy Club in southeastern Wisconsin.

1993 Marcus Theatres expands outside of Wisconsin; enters Chicago market with new theatre in Gurnee, Ill.

1994

In 1994 Marcus's lodging operations (now separated into the motel division and the hotel/resort division) encompassed 96 Budgetel Inns in 25 states, four Woodfield Suites, and the Grand Geneva Resort & Spa.

1995

Theater-goers could now buy mineral water, frozen yogurt, and pizza at many Marcus theaters, and in 1995 the company announced plans to install giant 3-D "ride immersion simulators" at one or two of its theaters in a joint program with Imax.

1996

In August 1996, it reached an agreement with Levtex Hotel Ventures to develop 42 franchise Budgetels in Texas and in 1996-97 pursued new motels in Arizona and the Pacific Northwest.

In 1996 it added 27 screens in Illinois and Wisconsin and late in the year opened its largest movie complex ever--a 20-screen "ultraplex"--in Addison, Illinois.

As a low-cost way to promote the inns' growth, in 1996 Marcus announced plans to begin franchising the Woodfields nationally.

1997

By 1997 new multiple screens had been installed or announced in northern Illinois; Columbus, Ohio; and throughout Marcus's Wisconsin home territory.

1999

1999 Marcus Theatres unveils its first UltraScreen® premium large-format screen.

2001

2001 Marcus Hotels opens the new Hilton Madison Monona Terrace in Madison, Wis.

2004

2004 Limited-service lodging division, including Baymont Inns & Suites (formerly Budgetel), sold for $415 million.

2005

2005 Marcus Hotels opens new Chicago hotel, now the AC Hotel Chicago Downtown; purchases the Wyndham Hotel in Milwaukee, now the InterContinental Milwaukee.

2006

2006 Company returns $215 million to shareholders from the sale of the limited-service lodging division as a $7 per share special dividend.

2006 Marcus Hotels opens the Platinum Hotel & Spa luxury condominium property in Las Vegas.

2007

2007 Marcus Hotels, in partnership with Skirvin Partners in Development, opens the restored Skirvin Hilton hotel in Oklahoma City.

2007 Marcus Theatres acquires 11 locations with 122 screens in Minnesota, North Dakota and Iowa.

2007 Marcus Theatres installs its first Digital 3D system.

2007 Marcus Theatres unveils its signature Majestic Cinema in Brookfield, Wis. with new food and beverage concepts including Zaffiro’s® pizza, Take Five℠ Lounges and Big Screen Bistro℠ in-theatre dining.

2008

2008 Marcus Theatres acquires seven locations with 83 screens in Nebraska.

2009

2009 Greg Marcus elected CEO; Steve Marcus continues as chairman.

2010

2010 The Marcus Corporation celebrates its 75th anniversary with associate volunteer campaign, black-tie gala and $75,000 donations to the United Way, United Performing Arts Fund and Variety, the Children’s Charity.

2011

2011 Miller Time® Pub & Grill restaurant concept debuts at the Hilton Milwaukee; joins ChopHouse, Kil@Wat® and Mason Street Grill® internally developed brands.

2013

2013 Rolando B. Rodriguez appointed president and CEO of Marcus Theatres and Executive Vice President of The Marcus Corporation.

2013 Marcus Theatres begins a multi-year program of major investments to transform existing theatres; introduces DreamLounger℠ recliner seating and UltraScreen DLX® (DreamLounger eXperience) and SuperScreen DLX® auditoriums; expands food and beverage concepts to more locations.

2015

2015 Marcus Theatres introduces Reel Sizzle® concept inspired by iconic diners of the 50s featuring burgers, ice cream and shakes.

In addition to financial contributions, in 2015, the company and our associates donated more than 28,000 hours of volunteer time and over $3.4 million in in-kind contributions to aid job creation, education, health, community development and social needs, and more.

2016

2016 Completely renovated Country Club Hills Cinema opens in Illinois; 6th location in greater Chicago.

2017

2017 Marcus Theatres opens first BistroPlex℠ “restaurant that serves movies” in Greendale, Wis.

2018

2018 Marcus Hotels & Resorts assumes management of The Murieta Inn and Spa in Rancho Murieta, Calif.

2019

2019 Marcus Hotels & Resorts assumes management of the Hyatt Regency Schaumburg in Schaumburg, Ill.

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Founded
1935
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Headquarters
Milwaukee, WI
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Marcus Theatres competitors

Company nameFounded dateRevenueEmployee sizeJob openings
Flagship Cinemas Inc1995$5.2M30-
Malco Theatres1915$140.0M70033
Wallace Theater Holdings Inc1995$560,0006-
Rave Cinemas1999$16.0M125-
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Fridley Theatres1974$23.1M500-
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Regal2002$426.1M26,04716
AMC Theatres1920$4.6B20,08180

Marcus Theatres history FAQs

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Marcus Theatres may also be known as or be related to Marcus Theatres Corporation, Marcus Theatres, Marcus Theatre and Marcus Theatres Corp.