"Phantom of the Mall" follows a young teenage girl whose boyfriend died in a house fire. A year later, property developers erect a shopping mall on the land. Soon after, a series of murders begin, as a shadowy figure seems to stalk the mall-goers, hiding in its labyrinthine air ducts.
While this late-'80s quasi-slasher is a low-stakes viewing experience, that doesn't mean it isn't a lot of fun. For many, there will be a big nostalgia factor due to the period fashions, and the overall atmosphere of the shopping mall at its cultural peak.
The story here is (needless to say) adapted from "The Phantom of the Opera," and the screenplay is riddled with silly dialogue and a pace that is often rambling. However, if you can abandon all pretenses, "Phantom of the Mall" is a lot of fun, full of great gags, a handful of bonkers (and reasonably gory) slashings, and a dramatic mall-tastic finale. The performances here are not great, but they are functional given the material, and there are a number of familiar faces, including Morgan Fairchild as the town mayor, and Pauly Shore as an eccentric frozen yogurt shop clerk.
Overall, this is a fun, frivolous late-'80s slasher flick that is perhaps more amusing as a time capsule than as a horror movie; however, even despite its clunkier elements, it remains an amusing and over-the-top rehash of a classic story. 6/10.