Thursday, March 24, 2016

General Overview: Round 1 Current and Future Prospects

Today at the Round 1 Blogger, we are going to take a step back from San Jose Eastridge’s Round 1 store and talk a little bit about Round 1 as a company. Some may already be aware of Round 1’s “Current and Future Prospects” statement that is released through Round 1 JP’s website every quarter. This statement gives a general overview of the revenue, costs and bottom line of how each store is doing, including the ones in the United States. What is also interesting about this statement, particularly for the United States audience, is it announces where their next store will be if there are any plans.

Last month was the most recent release of this statement. Since the statement itself is somewhat lengthy (and if you are not interested in the accounting/finance aspect of it), I have taken the liberty of showing the two pages that will matter: New Shop Openings and Principle Conditions. (I apologize for the image size)


If you still don’t want to look at the statement, right now, the United States is looking at 5 upcoming store openings and it is looking to be in:
Concord, California
Littleton, Colorado (I believe  “Concord” is a typo)
Lithonia, Georgia
Hicksville, New York
Exton, Pennsylvania

  

There is a lot of information on here, so let me break it down for you. The top part shows what stores are already built in the USA and their square footage.  The “Principles of Conditions for Future Shops Openings” gives the parameters for how a store location is chosen. This is a very interesting section since it gives the specifications for potential locations and demographics that Round 1 is currently looking for. For Northern California in particular, before the Eastridge location was announced, many arcade-goers were debating amongst each other as to what location it could possibly be at such as Westfield Valley Fair, Vallco (previously known as Cupertino Square), Westfield Oakridge Mall and so on. This will enlighten (and maybe even guide readers) where in their state could a Round 1 possibly open at. Additionally, next to that section is the “investments and budgeting”. This section tells readers (and regulars at Round 1) how much money will be invested into their store. While this may seem not particularly interesting, this information is really important as it will determine the priority of your store and by priority, I mean the potential of getting new games, facilities, and equipment for the staff to use to enhance your Round 1 experience.

There is definitely much more information that can be analyzed in the Round 1 statements, but today, I’m primarily going over the two that pertains to the American crowd. Want to read more? Below is the link to their English statements.


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