Eastland Mall store owners say
shorter hours are working well
Eastland Mall store owners say the shopping center's transition to shorter operating hours is going smoothly so far.
To save money, the mall recently announced it would cut back shopping hours starting Aug. 14. The mall is now open from 12:30 to 6 p.m. Sundays, 10 a.m. to 7 p.m. Tuesday through Friday, and 10 a.m. to 6 p.m. on Saturdays.
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The center is closed entirely on Mondays. Anchors Sears, Dillard's and Burlington Coat Factory continue to operate their normal hours, including staying open on Monday.
Eastland's owner, Columbus, Ohio-based Glimcher Realty Trust, said in July it would no longer subsidize the mall, which has been losing money.
STEVE & BARRY'S: It looks like the majority of Steve & Barry's stores nationwide will stay open after all.
The casual clothing retailer released a statement announcing that an affiliate of investment firms Bay Harbour Management and York Capital Management successfully bid for the company's assets at an auction recently.
Under the terms of the $168 million purchase agreement, the majority of Steve & Barry's 276 stores will continue to serve customers nationwide. There's no specific word on the future of the local stores, which includes one on Sardis Road North off Independence Boulevard.
A story in the Wall Street Journal in June reported that the retailer could close more than 100 stores because of low profits.
BAUBLES & BAGS: The Assistance League of Charlotte's third annual Baubles & Bags sale and appraisal event will be 9 a.m.-4 p.m. Oct. 11 at the league's thrift shop, 3600 S. Tryon St. Needed donations include: jewelry; gently used or new and designer handbags; scrap gold and sterling silver. Proceeds from the sale benefit the league's philanthropic programs. Details: 704-525-5000; www.assistanceleague.org.
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