Retail jobs under threat as Comet prepares for administration (From Times Series)
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Retail jobs under threat as Comet prepares for administration
4:32pm Thursday 1st November 2012 in News
By Natalie O'Neill
Retail jobs in Barnet are under threat as electrical chain Comet prepares to go into administration.
Comet Group Limited, which has stores in Hendon, Mill Hill and Friern Barnet, has confirmed the plans are expected to take place as early as next week.
A statement from the company says: “Comet Group Limited can confirm that it has today taken steps to seek the protection of the Court with a view 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.”
Restructuring specialist Deloitte has been lined up to act as administrator for the 240-store business.
Comments(6)
Devonshire
says...
5:25am Fri 2 Nov 12
Disinterested and surly staff, prices higher than Argos (next door) for things like printer ink or paper - though they will match the price if you show them the Argos Catalogue - and their irritating attempts to sell over priced warranty extensions which imply the product is likely to fall apart in no time may have an influence.
OhWiseOne
says...
12:03pm Fri 2 Nov 12
james smyth
says...
4:44pm Fri 2 Nov 12
LOL !!! Reel them in!
I know that there is a free car park there.
The point I was making is that in Barnet the traders bleat on and on about the parking charges killing their trade however they have not once actually thought that lack of trade might actually be down to other factors such as the ones that you point out in your post,not to mention that there is a global recession!!
Comet could not keep going even though the majority of their stores have free parking
Does that not indicate that the Barnet traders need to look further than the end of their noses!
Devonshire
says...
11:46am Sat 3 Nov 12
BarnetTrader
says...
6:36pm Wed 7 Nov 12
You may have noticed that, with a very few exceptions, Dixons do not have high street shops. Why would they when it is difficult and frustrating to park!
james smyth says...
12:21am Fri 2 Nov 12