Phantom of the Mall: Eric's Revenge

Phantom of the Mall: Eric's Revenge is a 1989 American slasher film directed by Richard Friedman, and starring Derek Rydall, Jonathan Goldsmith, Rob Estes, Pauly Shore, Kari Whitman, Ken Foree, and Morgan Fairchild. It follows a young man who apparently dies in a suspicious house fire after saving his girlfriend, Melody. A year later, at the new mall built over the site of the burned-out house, thefts and murders begin to occur as a mysterious figure secretly prowls around the shopping center and takes a keen interest in watching over and protecting Melody.

Synopsis from Wikipedia, CC BY-SA 4.0. Everything below written here.

Poster © the film's rights holders.