All Comet articles – Page 4
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NewsVince Cable rejects calls for Government to support retail
Business secretary Vince Cable has dismissed criticism levelled at the Government in the past week that more needs to be done to help support the retail sector following a series of collapses.
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OpinionComment: Who and what is the nemesis of Amazon?
For the past few years I have been in equal measures alarmed and fascinated by the phenomenon we have been witnessing in the world of retail.
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NewsWould-be Comet white knight Coombes still aiming to resurrect brand
Would-be Comet white knight Clive Coombes is still aiming to buy the Comet brand after lodging four failed bids to buy the collapsed retailer since it went bust in November.
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NewsMultiple retailers’ store numbers flat in 2012
The number of stores operated by multiple retailers remained flat last year despite a spate of administrations that resulted in swathes of shops closing.
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OpinionComment: Jessops' failure reflects declining market
The failure of Jessops would represent the latest in a long line of casualties within the UK electricals market.
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NewsRetail administrations jump 6% in 2012
The number of retailers falling into administration jumped 6% year on year in 2012, according to accountancy firm Deloitte which predicts further distress for the sector in the year ahead.
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NewsFormer Comet staff claim there was a closure 'dummy run'
Concern has been voiced that there was a ‘dry run’ of Comet’s closure as early as last summer.
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OpinionComment: The best retailers have thrived in 2012
Pictures of the shutters coming down on Comet stores for the final time this week are a fitting, but unfortunate, image with which to close out 2012.
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OpinionComment: Cable’s Comet investigation – what can we expect?
The collapse of electronics giant Comet has sent ripples through the business community that extend well beyond the retail sector.
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NewsOpCapita promises full assistance in Government's Comet probe
Former Comet owner OpCapita promises full assistance in the Government inquiry into why the retailer collapsed into administration.
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AnalysisComet: View from the shopfloor as shutters come down for the last time
As Comet closes its remaining stores today, Alex Lawson met staff and shoppers in the last few hours before the shutters came down for the last time.
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AnalysisTimeline: The highs and lows of Comet
As the shutters come down on Comet’s remaining stores, Retail Week charts the collapsed electricals retailer’s history
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GalleryIn pictures: Last minutes of Comet's Tottenham Hale store closure
Pictures from electrical retailer Comet’s Tottenham Hale store, which is closing today along with the rest of the chain.
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NewsAll Comet stores to close today as losses hit £230m and Vince Cable steps in
Collapsed electricals firm Comet will close its remaining stores today as administrator Deloitte revealed that its unsecured creditors are owed £232.9m and Business Secretary Vince Cable launches an investigation.
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NewsComet's former backers to share £50m payout
The former backers of electricals retailer Comet will be paid £50m after the business crashed into administration last month.
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NewsComet stores shuttered as hopes for buyer fade
The shutters are slamming down on Comet stores as hopes that the collapsed electricals specialist can be saved fade.
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NewsComet: List of further stores to close
Comet has confirmed the locations of further store closures. Comet is expected to shut all of its stores by December 18 unless a buyer for the business can be found.
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NewsComet: List of further stores to close
Comet has confirmed the locations of further store closures. Comet is to shut all of its stores by December 18 unless a buyer for the business can be found.
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NewsPotential white knight 'hopeful' over Comet deal
Comet suitor Clive Coombes remains “hopeful” a deal can be struck to save a large proportion of the beleaguered electricals retailer’s store estate.
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OpinionComment: Look after the retailers of the future
It is not uncommon for British prime ministers to call on the Blitz spirit when they want to appear statesmanlike, and David Cameron certainly evoked some Churchillian rhetoric last week.