Who is forcing them to make cuts?
I don't have access to their accounting books....so I can not say what part of their expenses they are not making.....
But obviously they felt there needs to be cuts in payroll......somewhere......therefore closing a shop that is not profitable for a few hours makes sense.
I agree about cutting the hours of the parks and attractions.....at peak season...........That IMHO is wrong.
But the retail shops I feel is a whole other issue.
I don't think they are too concerned with if each hour is profitable.
Actually.....they are very concerned. They do a lot of research into traffic patterns.
Malls in our area have adjusted their hours quite a few times in the past. No, they don't change the hours weekly like a park, but they definitely do the research.......
They are not going to keep the mall open if it shows no one shops at that time.
And....the retailers themselves are very much aware of sales per hour! Most mall stores have hourly sales goals and if not met......well....then.....this is what happens....
but newer "open air" centers, where stores set heir own hours, seem to be thriving.
If a store is not profitable...and can't pay the rent....they will close or move.
So you see.....that is why I think the stores closing really has nothing to do with the Magic or "getting what you pay for" during "peak season".
Is it a good business decision to shorten park hours or close attractions during peak season.....NO.
BUT....is it a good decision to close a store that is not making payroll or not doing any business during a certain time of day......YES, I think so.
