Comet launch liquidation sale

Comet launch liquidation sale

Comet launch liquidation sale

First published in News by

RETAILER Comet has started a stock liquidation sale today.

The high street store's website says that everything is reduced - and thousands of people across the country are expected to try and pick up a bargain.

Comet, which is being run by administrators Deloitte, announced the "massive stock liquidation" on its website today.

The sale appears to be limited to physical stores with customers unable to buy goods online.

The website currently only offers a question and answer page, store locations and confirmation that gift cards will be accepted during the sale.

But it also warned customers that it is no longer providing refunds, and any goods ordered but not paid for prior to administration will not be delivered.

The sale follows suggestions that staff at the collapsed chain could have the chance to join a rival after Dixons outlined plans to take on seasonal staff.

The owner of PC World and Currys has delayed its normal Christmas recruitment drive, when it expects to take on an additional 2,000 seasonal shop staff, to offer Comet staff the opportunity to join the business.

Comet was placed into administration on Friday and gift vouchers for the stricken electrical retailer suspended on Saturday. The temporary ban was lifted on Tuesday.

Deloitte has been searching for a buyer for Comet's 236 shops since last week, but reports today suggested stores could start to close next week.

The high street electricals market in the UK has come under huge pressure as cash-strapped shoppers put off purchases of big-ticket items such as TVs and large appliances.

Consumers were quick to criticise the sale as offering little more than 10 per cent to 20 per cent off items.

A Deloitte spokesman said of the sale: "The discounts are gentle. It's not a hard sale.

"We are not commenting on market speculation about store closures."

 

  • Have you been to the Orbital store today and got a good deal? Were people queing out of the door or was it quiter than you expected? Maybe you are a member of staff who faces uncertainy in your job? We would love to hear from you.

Call the newsdesk on 01793 501806 or email newsdesk@swindonadvertiser.co.uk

Comments (14)

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12:11pm Thu 8 Nov 12

The Artist formally known as Grumpy Old Man says...

I've heard talk of discounts of around 20%. Shame they couldn't do this before really, 20% off makes them just about competitive with online retailers...
I've heard talk of discounts of around 20%. Shame they couldn't do this before really, 20% off makes them just about competitive with online retailers... The Artist formally known as Grumpy Old Man
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1:14pm Thu 8 Nov 12

Phantom Poster says...

The Artist formally known as Grumpy Old Man wrote:
I've heard talk of discounts of around 20%. Shame they couldn't do this before really, 20% off makes them just about competitive with online retailers...
It's a liquidation sale. A bricks and mortar store with the resulting overheads can't possibly compete with online retailers.
[quote][p][bold]The Artist formally known as Grumpy Old Man[/bold] wrote: I've heard talk of discounts of around 20%. Shame they couldn't do this before really, 20% off makes them just about competitive with online retailers...[/p][/quote]It's a liquidation sale. A bricks and mortar store with the resulting overheads can't possibly compete with online retailers. Phantom Poster
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1:30pm Thu 8 Nov 12

swindon_mini says...

Online is overated. Plus it isn't aways cheaper. People like ASDA can bulk buy and sell less than trade!!!

I bought a sound system from Currys, broke after three months. Took back to the store and they sent it off. Went back still broke, refunded me in full and even offered me 10% off the replacement item as this was end of line!.

I had a friend who bought a computer online, DOA. Took 6 months to get his money back. After 20 phones calls and after threat of legal action. He was still out of pocket. The funny thing was he said he would never have bought had he seen it in the flesh as it was too poorly built.
Online is overated. Plus it isn't aways cheaper. People like ASDA can bulk buy and sell less than trade!!! I bought a sound system from Currys, broke after three months. Took back to the store and they sent it off. Went back still broke, refunded me in full and even offered me 10% off the replacement item as this was end of line!. I had a friend who bought a computer online, DOA. Took 6 months to get his money back. After 20 phones calls and after threat of legal action. He was still out of pocket. The funny thing was he said he would never have bought had he seen it in the flesh as it was too poorly built. swindon_mini
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1:56pm Thu 8 Nov 12

roberto5 says...

Main reason for them going bust = trying to sell a HDMI cable which cost around 50p to manufacture and then selling it for £50, were you could pick one up for the same quality for £5 online This is a running joke with comet, dixons, currys trying to rip the consumer off with over priced merchandise.
Main reason for them going bust = trying to sell a HDMI cable which cost around 50p to manufacture and then selling it for £50, were you could pick one up for the same quality for £5 online This is a running joke with comet, dixons, currys trying to rip the consumer off with over priced merchandise. roberto5
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2:01pm Thu 8 Nov 12

Davey Gravey says...

Although i don't wish for people to lose their jobs I stopped using Comet a few years ago after receiving awful customer service from them. The difference between them and Currys is massive. The latter have always been most helpful and if i buy instore electricals,I go there.
Although i don't wish for people to lose their jobs I stopped using Comet a few years ago after receiving awful customer service from them. The difference between them and Currys is massive. The latter have always been most helpful and if i buy instore electricals,I go there. Davey Gravey
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4:15pm Thu 8 Nov 12

SockPuppet says...

It's a changing world and retailers need to 'be quick or be dead'!
It's a changing world and retailers need to 'be quick or be dead'! SockPuppet
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4:34pm Thu 8 Nov 12

Hangbrownhigh says...

Saw the Ad' on the front of Comet so went to have a look. It is not a sale just a 10% discount offer. It was a total waste of time as the items I looked at WERE chaper on line.
Saw the Ad' on the front of Comet so went to have a look. It is not a sale just a 10% discount offer. It was a total waste of time as the items I looked at WERE chaper on line. Hangbrownhigh
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5:44pm Thu 8 Nov 12

PJC says...

As soon as I saw 'Deloitte', my heart sank. They did a dreadful job with Woolworths, and in my opinion (must state that) just asset stripped. Can't see it being any different with Comet.
As soon as I saw 'Deloitte', my heart sank. They did a dreadful job with Woolworths, and in my opinion (must state that) just asset stripped. Can't see it being any different with Comet. PJC
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5:57pm Thu 8 Nov 12

ManWithCar says...

"Consumers were quick to criticise the sale as offering little more than 10 per cent to 20 per cent off items."

Er - what do you expect? Comet/Deloitte have to settle their outstanding credit bills as well as pay staff wages, pay utility bills for each store etc etc etc. This money won't appear from nowhere, unless anyone would like to suggest they get 40% off items, and the staff can forego their pay? And no, I don't work for Comet, I just know how retail works.
"Consumers were quick to criticise the sale as offering little more than 10 per cent to 20 per cent off items." Er - what do you expect? Comet/Deloitte have to settle their outstanding credit bills as well as pay staff wages, pay utility bills for each store etc etc etc. This money won't appear from nowhere, unless anyone would like to suggest they get 40% off items, and the staff can forego their pay? And no, I don't work for Comet, I just know how retail works. ManWithCar
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8:38pm Thu 8 Nov 12

timt1964 says...

forget selling stuff cheap to consumers who dont need this junk.why dont they give it all to charity instead?
forget selling stuff cheap to consumers who dont need this junk.why dont they give it all to charity instead? timt1964
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7:49am Fri 9 Nov 12

Phantom Poster says...

timt1964 wrote:
forget selling stuff cheap to consumers who dont need this junk.why dont they give it all to charity instead?
Why don't you sell your house and car and give the money to charity?
[quote][p][bold]timt1964[/bold] wrote: forget selling stuff cheap to consumers who dont need this junk.why dont they give it all to charity instead?[/p][/quote]Why don't you sell your house and car and give the money to charity? Phantom Poster
  • Score: 0

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