41 Comet stores to close by end of the Month




/ 12 years ago

High street electronics retailer Comet has earmarked 41 locations for closure by the end of November, unless a buyer can be found for the troubled company.

The company, which currently has 236 stores around the UK, collapsed earlier this month with administrators Deloitte announcing closing down sales in order to move stock inventory.

“Regrettably… it is necessary to begin a store closure programme and an employee consultation process is under way,” Deloitte said in a statement

“While the administrators will look to redeploy staff from any stores which do face closure to other stores nearby, there will inevitably be redundancies.”

Unless a buyer comes in, the closures will result in the loss of a further 869 jobs.

On Monday the administrators announced that it would also be virtually ceasing Comet’s home delivery service, once current orders have been accounted for.

603 employees at the 12 hubs across the UK will lose their jobs, bringing the total job losses so far up to 2,000. The company has 6,500 employees in total.

According to the Telegraph, Deloitte is hoping that talks with potential outside buyers can save up to 50 of the locations, but it appears unlikely that the Comet brand name will live on

Source: Telegraph



Support eTeknix.com

By supporting eTeknix, you help us grow and continue to bring you the latest newsreviews, and competitions. Follow us on FacebookTwitter and Instagram to keep up with the latest technology news, reviews and more. Share your favourite articles, chat with the team and more. Also check out eTeknix YouTube, where you'll find our latest video reviews, event coverage and features in 4K!

Looking for more exciting features on the latest technology? Check out our What We Know So Far section or our Fun Reads for some interesting original features.

eTeknix Facebook eTeknix Twitter eTeknix Instagram eTeknix Instagram
  • Be Social With eTeknix

    Facebook Twitter YouTube Instagram Reddit RSS Discord Patreon TikTok Twitch
  • Features


Send this to a friend
})