Tag: Comet Administration



5000 Comet Staff Face Redundancy before Christmas

Posted on 29 November, 2012 by Kirsten Kennedy under Economy

The retail industry is still struggling to recover after several tough years on the high street which saw traditional chains such as Woolworths, the GAME Group and JJB Sports enter administration. Most recently, electrical specialist Comet has been forced to... Read More

Will Comet Survive as an Online Business?

Posted on 27 November, 2012 by Kirsten Kennedy under Business News

Over the past year, news of multiple companies going into administration has hit the headlines. Clinton Cards and JJB Sports are just two of those falling victim to incredibly tough trading conditions. The most recent big name administration to be... Read More

Job Losses Loom at Comet

Posted on 18 November, 2012 by Neil Bird under Business News

Letters due to be sent to Comet staff suggest that job losses could be imminent at the failed electrical retailer. The Daily Telegraph reports that administrator Deloitte will issue the letters warning of the “potential for redundancies” shortly. The... Read More

Comet on a Direct Path to Administrators

Posted on 2 November, 2012 by MOVEHUT under Business News

Comet has confirmed that is will be put into administration next week after no buyers were found to save the electrical chain. This week has been tough for the retailer as Deloitte, the appointed administrators, tried in vain to find a buyer for the 240 store... Read More