Friday, November 28, 2014

( Mahat Tattva ) Simon Property Group might not be a household name, but you

Hundreds Of Simon Malls Will Open On Thanksgiving Day, Stay Open 26+ Hours Straight Consumerist
( Mahat Tattva ) Simon Property Group might not be a household name, but you’ve probably visited one of their establishments before: they’re the whole or partial owner of hundreds of malls. That’s 242 million square feet of retail space and thousands of stores in almost every state, Canada, and Asia. Most of them are opening up during dinnertime or the early evening on Thanksgiving Day.
Let’s take Simon-owned outlet mall Woodbury Common in upstate New York, part of the company’s Premium Outlets chain and chosen for the highly scientific reason of “I was there this week.” 73 of the mall’s stores will open up at 6 P.M., including food court vendors, because God forbid you have to power-shop for deals at the Calvin Klein outlet without a Cinnabon at dinnertime on Thanksgiving Day. Other stores open at staggered times, right up to 11 P.M.
Gawker published a memo sent from the mall manager to stores at a Simon-owned mall in New Jersey listing the holiday hours. “This being a change from past seasons we wanted to provide you with enough lead time to schedule your staffs accordingly,” the memo says, “and as a friendly reminder all tenants are expected to follow the holiday schedule.” This memo went out about five weeks before the holiday.
An insider contacted us about this, and we asked them whether stores are really the hundreds store required to open early and for all of those hours. Our tipster isn’t authorized to speak for the company, but sent this explanation:
It’s technically mandatory that all stores open at 8pm. However, if they just can’t staff it or their corporate office doesn’t feel it’s in the store’s best interest to open at that time, they can opt out. They have to provide a letter from either their corporate office or a higher-ranking person, such as a regional manager, saying they authorize the store opening at a different time. If they don’t provide this letter and they are not open at 8pm, they’re fined.
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This the hundreds store is a terrible trend. Malls and big box stores are already open on every day that used to be a holiday – Easter, New Year’s, the hundreds store 4th of July – with one exception: Christmas. And you know that can’t be far behind. What is the purpose the hundreds store of a holiday anymore? I thought Thanksgiving was about spending time and sharing a delicious meal with family and friends.
I’m not a huge mall fan, but I usually end up in a few for holiday shopping. Now I’ll be avoiding all Simon malls this season (in addition to any other retailer that makes its employees work on Thanksgiving). Thanks for giving the hundreds store me yet another reason to do all my shopping online!
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