All Comet articles – Page 5
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NewsBrian McBride revealed as investor in Comet
Asos chairman Brian McBride was an investor in collapsed electricals chain Comet, it has emerged.
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NewsFurther redundancies made at Comet
Comet administrator Deloitte has revealed further redundancies across the collapsed electricals retailer’s support operations.
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OpinionComment: Even a white-goods knight won’t be enough to save Comet now
I’m writing this on the day that a ‘white-goods knight’ is meeting with Comet’s administrators to thrash out a deal to acquire the bulk of the Comet business.
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NewsDixons' Sebastian James says "structurally unsound" deal caused Comet collapse
Collapsed Comet failed due to a “structurally unsound” sale to OpCapita and its lack of investment in online technology, Dixons Retail chief executive Sebastian James said.
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NewsThe future of Comet hangs in the balance
Comet’s future hangs in the balance as crunch talks between administrator Deloitte and potential white knight Clive Coombes commence today.
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NewsDixons to scale back Pixmania business
Dixons is to pull its loss-making Pixmania business out of a number of markets, cutting staff and closing stores in the process.
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AnalysisDixons: What the analysts say
Dixon’s improvement has continued with sales flat but life-for-like growth of 3%. The UK & Ireland division grew by 2% and posted a profitable first half for the first time in five years today. The news was welcomed by the City.
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NewsOpCapita finally says “sorry” as 5,000 Comet employees face redundancy
Former Comet owner OpCapita has finally spoken out as 5,000 staff are set to be made redundant by Christmas.
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NewsComet: List of stores to close next week
Comet is to close 12 stores on the December 3. Comet is to shut all of its stores by December 18 unless a buyer for the business can be found.
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NewsClive Coombes sets out rescue vision for Comet
Property tycoon Clive Coombes has set out his vision to rebuild Comet if he pulls off a last-gasp deal to save the electricals retailer.
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AnalysisProfile: John Roberts, chief executive, DRL
The chief executive of DRL has set his sights on rescuing the Comet brand to expand his electricals group. Gemma Goldfingle reports
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NewsAll Comet stores set to close before Christmas
Comet is to shut all of its stores by December 18 and close its distribution centre this week unless a buyer for the business can be found.
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AnalysisAnalysis: Is Clive Coombes really Comet's white knight?
It emerged today that property tycoon Clive Coombes could save up to 180 Comet stores from closure if his bid is accepted by administrator Deloitte. Retail Week takes a look at the implications.
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NewsHope for Comet staff as white knight emerges
Staff at collapsed electricals chain Comet have been given a glimmer of hope as a white knight has emerged willing to take on up to 180 stores.
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AnalysisComet: The state of play
Almost a month after Comet’s collapse into administration, Retail Week takes a look at the state of play at the beleaguered retailer.
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NewsTK Maxx circles 25 Comet stores
Discount fashion outlet TK Maxx has joined the race to secure a package of Comet stores, as administrator Deloitte prepares to close another 14 by the end of the week.
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AnalysisComet: Who is Appliances Online owner DRL?
Etail group DRL, owner of Appliances Online, is vying to buy the Comet brand to trade online. However, many may not be familiar with the online electricals group. Retail Week takes a closer look at the company.
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NewsBidder poised to take 140 Comet stores
A bidder has tabled a bid to take on for 140 stores from collapsed electricals retailer Comet.
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NewsComet makes further head office redundancies
Comet administrator Deloitte has made 735 further redundancies across the retailer’s head office, logistics division and home delivery network.
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NewsComet: List of first stores to close
Comet administrator Deloitte has earmarked 41 shops are to close by the end of this month. Here is a list of the first 27, which all began closing down Sales on Saturday.