Comet
Insolvency firm warns 140 more retailers under threat in 2013Blockbuster has announced that it is to go into administration becoming the third high profile casualty of 2013 as retailers struggle against online rivals. |
Tablet sales and demise of Comet help boost DixonsDixons has smashed market expectations by reporting an eight per cent increase in like-for-like sales helped by the demise of Comet and "phenomenal" sales of tablets. |
Cable calls for inquiry into collapse of CometBusiness Secretary Vince Cable has called for an inquiry into the circumstances surrounding the purchase of Comet last year by OpCapita and its subsequent collapse. |
Comet: Taxpayers to pay £50m tax and staff redundancy costsDeloitte, the administrators of Comet have warned that insufficient funds means the government is likely to pick up the bill for tax owed and staff redundancy costs. |
Comet to shut a further 125 storesThe administrators of Comet has announced that a further 125 stores are to close though this could be delayed if a buyer is found. |
5000 Comet staff could lose jobs just before ChristmasUnless a buyer is found then the remaining 5,000 Comet staff could be made redundant the week before Christmas, according to the administrators, Deloitte. |
Comet could be bought by online retailerComet, which was placed in administration earlier this month could be bought by an online retailer as Deloitte look to sell various parts of the business. |
Comet set to cut 735 more jobsDeloitte, the administrators of Comet, has confirmed that 735 more jobs are to go as it shuts Comet's home delivery service in addition to the 41 stores that are to close. |
330 jobs go as Comet sale disappoints Christmas bargain hunters330 jobs are to go at Comet as customers are disappointed to find just 10 or 20 per cent off items that are sold with no guarantee in the Comet firesale. |
OFT pledge improvements to extended warranty customer salesThe Office for Fair Trading (OFT) says extended warranties offer poor value to consumers and has asked retailers to set up a comparison site so consumers can compare the best deals. |
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