Financing

Movie theater ramps up food sales

Carmike, operator of 252 movie theaters, recently reported a 7.3 percent fourth-quarter increase in sales and a $4.29 average spend per customer at concessions. The entertainment company says it intends to sell more food to movie-goers, in part, by outfitting theaters with a casual-dining concept called Bogart’s, which it acquired through the purchase of another theater operator.

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