Partly Cloudy

Partly Cloudy

max temp: 5°C

min temp: 5°C

ESTD 1874 Search

UK: Future of Comet brand could be online-only

10:23 23 November 2012

A Comet store

A Comet store

THE entrepreneur behind Appliances Online has tabled a bid for Comet in a move that could see the failed electrical chain disappear from retail parks and high streets.

shares

John Roberts, who set up Appliances Online in 2000, confirmed he had put in a “seven-figure offer” for Comet’s website after it collapsed into administration earlier this month.

However, he said any deal would depend on whether he could rescue the Comet brand before too much damage was done through the administration process.

Administrator Deloitte is also understood to have received a bid for 140 of the 195 Comet stores, which could save more than 2,000 jobs.

Deloitte said it had been in discussions with a number of interested parties over different parts of the Comet business.

Some 1,500 posts at the collapsed electricals chain have already been axed, including 603 home delivery network jobs on Monday.

A further 57 head office posts at Rickmansworth in Hertfordshire, 56 jobs at a call centre in Clevedon, and 17 from an office in Hull also went this week, on top of 330 redundancies at the sites last week.

Deloitte has also announced that at least 27 Comet stores, including the Bury St Edmunds branch where 11 people are currently employed, will close by the end of November unless a buyer is found, with 14 more also at risk of imminent closure.

Comet has been hit by weak consumer demand, competition from online rivals and being unable to secure the trade credit insurance needed to safeguard suppliers.

shares

0 comments

The Visit East Anglia stand at the Vakantiebeurs tourism exhibition in Utrecht.

Visit East Anglia (VEA) has launched a promotion to attract more Dutch visitors following a successful bid under the Government’s GREAT UK Challenge Fund.

Jo Harris worked at the B&M store in Copdock until 2013, and despite being an employee there was issued two fines of £70 for parking.

A group of former employees at a store in Ipswich have been left distraught after car park fines mistakenly issued more than two years ago has left them facing a court appearance.

RAF Mildenhall is due to close in four years.

Science, technology and engineering are three words which many are hoping will become synonymous with west Suffolk if several new projects can be pulled off.

A British Airways Embraer airliner at London City Airport

British Airways is to start flying from Stansted Airport this summer, it was announced today.

Stoke by Nayland Hotel, Golf & Spa.

Stoke by Nayland Hotel, Golf & Spa has been named as a finalist in VisitEngland’s Awards for Excellence.

Most read

Fred Olsen Travel Sale

cover

Click here to view
the Fred Olsen
Travel Sale

View

Most commented

HOT JOBS

Show Job Lists

Topic pages

Streetlife

Great British Life

Great British Life
MyDate24 MyPhotos24