Can't find a chess set? You can thank 'The Queen's Gambit' for that
Who could've predicted chess sets might become as difficult to find as toilet paper during the early weeks of the pandemic? Not Gerrick Johnson. The toy analyst with BMO Capital Markets found himself stymied while searching for a particular Cardinal chess set a few weeks ago.
"It was sold out everywhere I went," he says.
Sales of chess sets have skyrocketed, says Mary Higbe, director of marketing at Goliath Games. The company sells six different kinds of chess sets, including those familiar red-boxed Pressman sets you've probably seen in the toy aisle at Walmart.
"Our October sales for chess were up 178 percent over the same period last year," Higbe says. That's a big increase. But something else unexpected happened at the end of the month. Now, she says, "our chess sales are up 1,048 percent."
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Every so often a game comes along that captures the popular imagination. In November 2020, that game is chess. The reason? A Netflix period drama that debuted in late October.
"Ever since ‘The Queen's Gambit’ launched, our chess sales have increased triple digits," marvels Elizabeth LoVecchio, vice president of marketing at Spin Master. The huge toy company has a division of classic games — such as chess, checkers and backgammon — that owns about 70 percent of the market share in the United States.
LoVecchio says sales of these games started spiking back when people first hunkered down last spring and played games with people in their bubbles to keep themselves entertained. But what's happening with chess sales since ‘The Queen's Gambit’ is "unprecedented — and we anticipate our sales rising further," she adds.
Chess sets sales are rising in the secondary market as well. eBay registered a 215 percent increase in chess set and accessory sales since “The Queen's Gambit” hit Netflix, with shoppers seeking out wooden chess sets nine times more than plastic, electronic or glass ones, according to an eBay spokesperson. Toy analyst Gerrick Johnson now warns that demand will outstrip supply.
"Six months ago, a year ago, these retailers weren't saying, let's load up on chess sets," he notes. "Good luck finding a chess set this holiday!"
Both LoVecchio and Higbe agree a chess shortage may be added to 2020's woes.
"Oh, for sure. I believe it," Higbe says.
Chess has long been alluring, even dramatic. But “The Queen's Gambit” makes it seem accessible, Higbe adds. And that just adds to the appeal of a game that's both eminently affordable and pleasingly different every time you play it.
"You have to have patience. You have to really think about strategy. You have to plan ahead," she says.
Valuable skills for playing chess — and getting through the dark few months before us.
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