Deathwatch: More Comet stores to close as the retailer ebbs away...
The gradual dismantling of Comet is continuing with another 125 stores set to close unless the administrators Deloitte receive a firm offer for the business. That figure is in addition to the doomed stores that were announced last week, with the closures set to take place throughout December.
That will leave just 70 of the original 236 stores open, and Deloitte say that those 70 stores will stay open until all remaining stock is sold.
While no names have been disclosed, the administrators have said that they’re in discussions with a small number of parties that are interested in buying the Comet name and what’s left of the stores.
But if nothing happens, it looks as though Comet could be the next big name to disappear from the retail firmament (and it IS a firmament).