Updated on Thursday, June 6 at 12:05 p.m. with comment from Alamo Drafthouse spokesperson.
Two is One, One is None LLC, operator of six Alamo Drafthouse Cinema franchises has filed Chapter 7 bankruptcy for all locations and will be closing immediately.
The six closures include the Lake Highlands Alamo Drafthouse, as well as DFW locations in the Cedars, Denton, Las Colinas, Richardson and one in Woodbury, Minnesota
In March 2021, the Lake Highlands location filed for bankruptcy after struggling to survived the pandemic. They reopened later that year in August.
Alamo Drafthouse Cinemas released this statement regarding the closures.
“We are very disappointed to learn today that our franchisee, which operates five locations in Dallas-Fort Worth, TX and one in Woodbury, MN has filed for Chapter 7 bankruptcy and is closing their business effective immediately. We are heartbroken for the franchisee’s teammates and the local film communities, however, we are working as quickly as possible to get Alamo Drafthouse Cinema back up and running in these cities. All other Alamo Drafthouse locations are operating as normal, with continued expansion plans across the country.”
Preston Foley is a Lake Highlands High School alum and worked at the Richardson Alamo Drafthouse.
“I just woke up to a message from corporate saying they were shutting down locations in DFW and all employees are terminated immediately,” he said. “I was genuinely shocked because there was no indication this was happening and I had my schedule and everything for next week.”
Foley one of hundreds of DFW employees who are now suddenly out of a job.
“The future is cloudy and unclear at the moment for me,” Foley said. “But I’ll file for unemployment and start looking for a new job.”
