Deathwatch: Is the end nigh for Comet?
The inevitable is about to happen, with Comet’s administrators admitting that 41 stores will close their doors by the end of the month unless a buyer can be found.
That would still leave another 195 stores trading but it wouldn’t be a surprise if more store closures are announced over the next week or so as time starts to run out for the beleaguered electrical retailer.
Dixons and Maplins are said to have expressed an interest in buying some of the more profitable stores, but that is probably the best that the administrators can hope for.
Meanwhile, staff are calling for an investigation into the conduct of OpCapita, the private investment company which bought up the Comet chain for £2.00 last year.
TOPICS: High Street News