Cineworld acquired the Regal Cinemas chain in 2018, and will shut down its 536 American locations. Cineworld's UK venues, which includes the upscale Picturehouse theaters, number at 127.

Regal Cinemas, the nation’s second-largest theater ... “We are like a grocery shop that doesn’t have vegetables, fruit, meat,” Mooky Greidinger told the newspaper.

Shares in Cineworld plunged more than 30% Monday, hitting their lowest level since late August, after the owner of Regal Cinemas said it planned to terminate efforts to sell its US, UK and Irish ...