=Columbus-based Carmike Cinemas has opened its Ovation 12 theater in Athens, Ga., with it including the company's new "Cinematic Dining Experience."
Grand opening festivities for the Ovation 12, 1575 Lexington Road, was Friday. The theater's full-service dining service features a menu with over 100 food and beverage selections, allowing guests to enjoy Hollywood blockbusters like never before, the company said. Ovation also includes a cocktail lounge with a full-service bar, with premium beer, wine and specialty drinks.
Carmike said to celebrate Ovation 12's debut, guests who attend the opening weekend will receive a free bowl of popcorn with their ticket purchase through close of business Sunday. Other promotions include all-you-can-eat pancakes and French toast on Saturday morning.
The company said the dine-in entertainment complex will also have 12 large, wall-to-wall screens, stadium seating accompanied by service buttons, and a cutting-edge projection system that delivers 2D and 3D images. Guests also will now have the convenience of reserved seating, which they may select through online services.
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Carmike Cinemas operates 270 theaters with 2,881 screens in 41 states.
Small business optimism drops sharply in June, ends string of growth
The National Federation of Independent Business Small Business Optimism Index dropped 4.2 points in June to 94.1, well below the pre-recession average of 99.5 with nine of the 10 components dropping and one remaining unchanged from May.
State-specific data isn't available, but Kyle Jackson, state director of NFIB/Georgia, a small business association, said in a statement that "small business owners just don't have a lot of confidence in where things are headed."
"June terminated a promising string of improvements in owner optimism during the first months of the year," NFIB chief economist Bill Dunkelberg said in a statement. "While it is not a disaster or a signal of a looming recession, it is a disappointing sign that economic growth on Main Street is not set for a strong second half of growth. The weakness was substantial across the board, showing no signs of a growth spurt in the near future."
June's Small Business Optimism saw the most significant decline since November 2012. The deterioration in earning trends accounted for the largest drop in the overall 42 net percent loss, the federation said. Weak spending and little GDP growth also had a substantial impact on the optimism rate. The two job components in the index contributed to about 20 percent of the loss.
The percentage of business owners reporting the current period as a good time to expend fell 5 points to 9 percent, and owners expecting improved real sales fell 3 points to a net 4 percent.
Declines in spending plans accounted for about 30 percent of the index decline, and weaker expectations for real sales and business conditions another 20 percent, the federation said. The net percent of owners expecting better business conditions in the next six months fell 6 points, hardly forming a basis for further capital spending investment, inventory accumulation or job creation.
Small Business owners have an overall grim outlook on the economy, likely in response to five months of lousy growth, Dunkelberg said.
"The president continues to push his regulatory agenda forcing higher wages, more overtime, health insurance and mounds of red tape on small businesses, all while neglecting to pursue policies that help to increase productivity," the economist said. "Higher pay with the same output means inflation and unemployment, neither being good for workers or employers."