This article was originally published in the December 2010 issue of Replay Magazine.
You don’t need a crystal ball to see the future. The future is already here. And as Yogi Berra said, “The future ain’t what it used to be.” The issue for most community location-based entertainment centers (LBEs) is that they are still in the past.
We’ve seen a major shift in consumer values, attitudes and spending. The trends started over a decade ago. The Great Recession mainstreamed these trends as well as contributed some new ones, including a new value equation. These changes have and will continue to affect out-of-home entertainment consumption and LBEs for many years to come.
To read the full article about the future of LBEs and FECs, click here.