Jobs in jeopardy as Comet set to crash
The future of an electrical store is in doubt as its owner stands on the brink of collapse.
It was announced today Comet was to go into administration on November 5 after it hit major financial problems.
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Comet
The electrical goods chain employs 7,000 staff and has 243 stores, including one in St George's Retail Park, Leicester. It is believed this outlet employs at least 10 people.
A statement from Comet said: "Comet Group Limited can confirm that it has today taken steps to seek the protection of the Court with a view
in our summer room we have loads of
sale items alot with at least 75% off
£10 rail too.
shoes and hats reduced too.
tops trousers and skirts from 20% to 50%off
Contact: 0116 3667004
Valid until: Saturday, June 29 2013
to the company entering into administration during week commencing November 5, 2012. In the meantime, the board is urgently working with its advisers to seek a solution to secure a viable future for the company."
Customers with outstanding orders and those with gift cards and vouchers are being told it is "business as usual until further notice" and that the group intends to fulfil deliveries of products that have been paid for.
Comments
by 4_Stroke
Monday, November 05 2012, 2:08PM
“Graham_LE8... I think one of the issues that have killed the like of Comet is that you cannot take stuff back. Most large goods are covered by the manufacturer only. I found this out when I had a washing machine breakdown very soon after I bought it. Comet just gave me the contact number for the manufacturers warranty department who would deal with it. With service like that whats the point of going to a shop. I may as well have bought it on-line.”
by Graham_LE8
Friday, November 02 2012, 8:53PM
“@ davidh11; "The retail world is changing, no place for this type of store any longer. What do evolutionists say "adopt or die"...
I can see merit in the idea, but before we all rush to consign retail shopping to the history books, remember it's all very well sussing out an item in a shop, then getting it cheaper 'on the net', until you have to take it back, of course...”
by Grant2010
Friday, November 02 2012, 7:14PM
“Careers Partnership (UK)
I assume the directors are also now without a job and any income etc etc or am I being naive.”
by davidh11
Friday, November 02 2012, 1:55PM
“The retail world is changing, no place for this type of store any longer. What do evolutionists says "adopt or die"
The only thing i seem to recall when i went into Comet is do you want an extended warranty with that? Not a cheap one either?
Perhaps they could get jobs in factories now? I forgot we don't have any factories left in Leicester”
by llamalamb
Friday, November 02 2012, 12:50PM
“According to David Cameron & George Osborne the private sector is providing job opportunities for redundant public sector workers. This however is the reality........the private sector is in crisis.”
by Careers Partnership (UK) Ltd
Friday, November 02 2012, 11:40AM
“There's no good time to lose a job - however, losing your job in the run up to Christmas seems particularly hard. I hope the Directors are able to find some way of protecting the livelihoods of their staff.”
by TheRutlandFox
Thursday, November 01 2012, 8:46PM
“Happy memories as a teenager in the 1970s getting a Grandstand TV games console from the Cobden street depot and a Sony VHF radio that in those days picked up the police as well as Radio Leicester till they moved their frequency off the broadcast band
And buying the wife her first mobile phone from them in 1994 yep no free phones back then
£300 for a Sony "Mars bar" analogue , and you still had to pay £20 a month for the Cellnet contract with calls on top and no texts as they hadnt been thought of oh and the only other provider was Vodafone,
No Orange T mobile etc etc”