Closing down sale begins after Comet confirm plans to close 41 stores

Comet, Greenmount Retail, Park, Pellon.
Comet, Greenmount Retail, Park, Pellon.

The administrators of electrical reatiler Comet say they plan to close 41 stores - including Halifax - by the end of the month.

A closing down sale with increased discounts began yesterday after the closures were confirmed.

Administrators continue to look for a buyer for the troubled firm.

More generous discounts will also be applied to products across all of the other 195 Comet stores, which continue to trade as usual.

Administrators say while they will look to redeploy staff from any stores which do face closure to other stores nearby, there will inevitably be redundancies.

A dedicated employee helpline is in place and the Company is running an Employee Assistance Programme to help those staff made redundant find other jobs.

The Administrators continue to hold discussions with parties who have expressed interest in parts of the business, but it has been deemed necessary to begin a store closure programme and an employee consultation process is underway.

Chris Farrington, Joint Administrator, added: “We are very grateful to the Company’s employees for their professionalism, loyalty and support at this difficult time and all employees will of course continue to be paid for all the work they do while the Company is in Administration.”

Comet went into administration earlier this month.

The full list of stores closing: Aylesbury, Barnstaple, Barrow-in-Furness, Beckton, Birmingham Perry Bar, Brighton, Bury St Edmunds, Christchurch, Crawley, Falkirk, Glasgow – Great Western, Gloucester (St Oswalds), Guildford, HALIFAX, Harlow, Leeds – Crown Point, Luton, Margate, New Malden, Orpington, Rugby, Selly Oak, Sheffield – Drake House, Southend, Wrexham, Yeading and Yeovil.