Comet store closes

Friday 14 December 2012 Updated: 03/01 09:38

Latest News

Buy photos » Comet at Sears Retail Park has now closed. 45.012.026.sol.nc1

WORKERS at Comet have been dealt a festive blow as the Solihull store closed its doors for the final time exactly one week before Christmas.

The shop at Sears Retail Park was finally forced to close on Tuesday (December 18).

The high street chain went into administration in November and it was hoped a buyer would come forward to rescue the company.

But the 236 stores nationwide have been closing in stages and Solihull's Comet was among the final 49 to shut earlier this week.

Administrators Deloitte said the company had been hit by weak high street trading conditions and competition from online rivals.

Workers are owed £23.2 million in redundancy money which will be paid by the government's Redundancy Payments Service (RPS).

And Business Secretary Vince Cable this week announced an investigation has been launched into the downfall of Comet.

The electrical goods retailer had been on the High Street for 79 years and employed 6,895 people nationwide.

Share This

Regional news »


Coventry Observer
Abusers will fall through net warning

CHILD abuse campaigners claim plans to make covering up abuse ...

Leamington Observer
Sharing history of Kenilworth's medieval Gatehouse

THE HISTORY of Kenilworth's medieval Gatehouse is to be revealed ...

Stratford Observer
One actor and his dog at RSC in Stratford on ...

A STAR of the RSC's latest production in Stratford is ...