JOBS at a retail giant’s Hatfield store hang in the balance after Comet went into administration today (Thursday).

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The Oldings Corner shop is one of the 240 stores nationwide that face an uncertain future.

A spokesman for the firm said: “We don’t have any regional information in terms of store, I’m afraid all we have is a national statement saying the company is in administration.

“We won’t get any information until next week.”

In a statement released to the press the firm said: “Comet Group Limited can confirm that it has today taken steps to seek the protection of the court with a view to the company entering into administration during week commencing November 5 2012.

“In the meantime the board is urgently working with its advisers to seek a solution to secure a viable future for the company.”

1 comment

  • The Hatfield store has been left in a time warp for years, so I really cannot see it surviving. It would need a lot of money spent to bring it up to the level of other stores that were extensively renovated, and parking is also a big issue there. The store is always virtually empty whenever I've visited, so the best thing that can happen is the staff - who always seemed friendly - are redeployed at other stores that will remain open, or find work at PC WorldCurrys etc (their experience should help). The other problem is that Comet used to be competitive on price, but lost that in recent years - so you wouldn't think of it as a place to buy cables, batteries or other items which can prop up sales. I am not sure how any new owner could rectify that in face of increasing competition not just from DSG retail outlets, but Amazon, Tesco, Asda etc.

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    jonmorris

    Friday, November 2, 2012

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