Gaming & Fantasy Chain Plans for Growth Despite Challenges

  • Geek Retreat plans to open 100 more stores in the next two years
  • 600 new jobs expected to be created
  • Stores planned for Bournemouth, Northampton, Liverpool, Southampton, Dumfries and Sutton in London
  • Opening five stores per month from January 2021 (subject to change due to Covid-19)
  • Geek Retreat specializes in cult games like Dungeons & Dragons, Star Wars, Harry Potter, graphic novels, and gaming accessories
  • Founded in Glasgow in 2017

Games and fantasy company Geek Retreat plans to expand its business by opening 100 more stores across the UK over the next two years, creating around 600 new jobs. The retailer aims to open locations in Bournemouth, Northampton, Liverpool, Southampton, Dumfries, and Sutton in London, with a target of five stores per month starting from January 2021. However, the Covid-19 pandemic may impact these plans. Geek Retreat, founded in Glasgow in 2017, offers a mix of retail space, cafes, and gaming areas for events. The chain focuses on cult games like Dungeons & Dragons, Star Wars, Harry Potter, graphic novels, and gaming accessories. Despite pandemic-related challenges, the company remains optimistic about its growth due to loyal customer support.

Factuality Level: 8
Factuality Justification: The article provides accurate information about Geek Retreat’s expansion plans, including the number of new stores and locations, as well as details about their business model and products offered. It also includes a quote from the company’s boss explaining how they have been affected by the pandemic.
Noise Level: 3
Noise Justification: The article provides relevant information about Geek Retreat’s expansion plans and its impact on job creation but lacks in-depth analysis or exploration of long-term trends or consequences.
Financial Relevance: Yes
Financial Markets Impacted: Geek Retreat’s expansion plans may impact local real estate markets and affect other retailers in the gaming and fantasy industry
Financial Rating Justification: The article discusses Geek Retreat’s plan to open 100 new stores, which could potentially have an effect on the real estate market and competition within the gaming and fantasy industry.
Presence Of Extreme Event: No
Nature Of Extreme Event: Other
Impact Rating Of The Extreme Event: No
Extreme Rating Justification: There is no mention of an extreme event in the last 48 hours.

Reported publicly: www.retailsector.co.uk