Swindon AdvertiserEverything must go as Comet faces shutdown (From Swindon Advertiser)

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Everything must go as Comet faces shutdown

Swindon Advertiser: Shoppers flock to the sale at Comet, in the Orbital Retail Park Buy this photo Shoppers flock to the sale at Comet, in the Orbital Retail Park

SHOPPERS shot to Comet to take advantage of the liquidation sale announced by administrators yesterday.

The electrical retailer was placed into administration on Friday and administrators Deloitte have been searching for a buyer for Comet’s 236 shops since last week, although reports 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.

Gift vouchers for the stricken retailer were suspended on Saturday but the temporary ban was lifted on Tuesday.

At the Swindon store, in Orbital Shopping Park, shoppers rushed to get a look at the discounts on offer but many came away empty-handed while one member of staff said the rush had been “like Christmas but without the joy.”

Rosie, 35, from Wichelstowe, went to get a Christmas present after hearing about the sale on Facebook.

She said: “I came to get my hubby his home stereo for Christmas because it was a little bit cheaper here than elsewhere. The TVs were flying out the door and the store staff were a bit stressed, which is understandable.

“But it wasn’t too bad at the checkout – it was a struggle to get any help though.”

David Arnold, 70, of Lechlade, came away with just one computer product at 15 per cent off.

He said: “I just happened to be walking by and thought I would go in and see what they had – I managed to get 15 per cent off .”

The Comet 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.

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.”

Comments (8)

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9:51am Fri 9 Nov 12

WoodsideLady says...

Maybe bargains to be had, but Comet won't be in a position to honour the Guarantee!!
Maybe bargains to be had, but Comet won't be in a position to honour the Guarantee!! WoodsideLady
  • Score: 0

12:09pm Fri 9 Nov 12

Is that you Lovesey says...

I dont call 10-15% off much of a sale....

You are already buying from the most expensive electrical reseller in the land... They are already more expensive, so with the discount you are probably paying exactly the same you would elsewhere
I dont call 10-15% off much of a sale.... You are already buying from the most expensive electrical reseller in the land... They are already more expensive, so with the discount you are probably paying exactly the same you would elsewhere Is that you Lovesey
  • Score: 0

1:10pm Fri 9 Nov 12

beach1e says...

no one is forcing anyone to buy from Comet.some people seem to want something for nothing.strange world we live in.
no one is forcing anyone to buy from Comet.some people seem to want something for nothing.strange world we live in. beach1e
  • Score: 0

1:35pm Fri 9 Nov 12

Malkym says...

Trust me -Sale of the century it ain't! I had a look in there yesterday and at the same time compared Comet's discounted prices with Amazon etc. In most examples the revised Comet price only bought the price down to the same as others on line and in some cases Comet were still more expensive - which is why they got in the S H 1 T to start with!
Trust me -Sale of the century it ain't! I had a look in there yesterday and at the same time compared Comet's discounted prices with Amazon etc. In most examples the revised Comet price only bought the price down to the same as others on line and in some cases Comet were still more expensive - which is why they got in the S H 1 T to start with! Malkym
  • Score: 0

2:27pm Fri 9 Nov 12

Mystery Mike says...

Actually, I could do with being pressure-sold an extended warranty, haven't had one in a while. I wonder if they're on offer as well...?
Actually, I could do with being pressure-sold an extended warranty, haven't had one in a while. I wonder if they're on offer as well...? Mystery Mike
  • Score: 0

7:12pm Fri 9 Nov 12

RichardR1 says...

If you don' t like the prices go elsewhere. They got into trouble because of cheap skate customers wanting something for nothing.
If you don' t like the prices go elsewhere. They got into trouble because of cheap skate customers wanting something for nothing. RichardR1
  • Score: 0

7:16pm Fri 9 Nov 12

southside7 says...

I can't begin to describe how depressed this story makes me, the vultures descending on people's misery to grab a bargain. I'm so glad that they didn't get these 'bargains' and maybe went home to reflect on their materialistic, shallow existance over a supersized McDonalds meal.
I can't begin to describe how depressed this story makes me, the vultures descending on people's misery to grab a bargain. I'm so glad that they didn't get these 'bargains' and maybe went home to reflect on their materialistic, shallow existance over a supersized McDonalds meal. southside7
  • Score: 0

8:19am Sat 10 Nov 12

house on the hill says...

the owners of Comet are reportedly expecting to make about £50million over the shut down, so its clearly not aimed at customers or staff just the equity company that owns it. That is one of the biggest problems with business today, too many are owned by investment companies out to make quick money who dont care about the long term future of the business or the staff or customers. Its a fact of todays greedy world we live in.
the owners of Comet are reportedly expecting to make about £50million over the shut down, so its clearly not aimed at customers or staff just the equity company that owns it. That is one of the biggest problems with business today, too many are owned by investment companies out to make quick money who dont care about the long term future of the business or the staff or customers. Its a fact of todays greedy world we live in. house on the hill
  • Score: 0

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