You've seen the sales; you might've noticed thinner crowds than usual. And you've definitely heard about how businesses are hurting in an injured economy. But in yet another sign of how a recession can directly affect you, many shopping malls are looking to cut their hours in an attempt to save money.
Now you might be wondering how this can help them. I mean, isn't it true that if you're open longer, you have a better chance of selling merchandise? Maybe, but in some places, the money that some stores are making is so little right now that it's actually better for them to pay less in electricity and staff salaries. And one sure way to do that is to open later and close earlier.
A lot of you have told us that you like going to the mall when you're free. We'd like to know what you'll do if they're not open when you want to hang out.
Carl Azuz, Anchor