Everything must go: Comet launches liquidation sale
Thursday 08 November 2012
Comet has launched a liquidation sale as administrators move to wind down the failed retailer ahead of store closures as early as next week.
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% to 20% off items.
Steve Johnson tweeted: "Not much of a sale is it when stuff is mostly still cheaper elsewhere or online £ivebeenandboughtnothing."
Sharon Robertson added: "Terrible sale the same stuff in argos cheaper!! Got me out my bed for nothing!"
A Deloitte spokesman said of the sale: "The discounts are gentle. It's not a hard sale."
And he added: "We are not commenting on market speculation about store closures."
Harry Potter actor suffered 'severe flu-like symptoms' on a flight from London to Orlando
Rap music mogul accused of running two men over in his truck
World cities ranked in terms of safety, food security and 'liveability'
First full-length look is finally here
"Oink! Oink! Hee hee hee!" First interview with the big-screen star
Biohacking group hopes technology will lead people to think about even more dystopian uses
The party's potential nominations read like a high school race for student body president
- 1 Saudi preacher who 'raped and tortured' his five -year-old daughter to death is released after paying 'blood money'
- 2 The awkward moment Sarah Palin raised $25,000 for Hillary Clinton's election campaign
- 3 Ball pool for adults opens in London
- 4 Amal Clooney gives excellent response to fashion question at European Court of Human Rights
- 5 Baldness could soon be treated using stem cells, scientists hope
Woman falls to her death as she celebrates marriage proposal at the edge of Ibiza cliff
Mia Khalifa: Pornhub star claims Drake sent her 'cringeworthy' naked photos on Instagram
Saudi preacher who 'raped and tortured' his five -year-old daughter to death is released after paying 'blood money'
The awkward moment Sarah Palin raised $25,000 for Hillary Clinton's election campaign
Ball pool for adults opens in London
9 reasons Greece's experiment with the radical left is doomed to failure
'We would evict Queen from Buckingham Palace and allocate her council house,' say Greens
Have we reached 'peak food'? Shortages loom as global production rates slow
Greece elections: Syriza and EU on collision course after election win for left-wing party
British grandmother Lindsay Sandiford faces execution by firing squad in Indonesia
Liberal Democrat minister defends comments suggesting immigration causes pub closures
iJobs Money & Business
£30000 - £35000 per annum + Benefits: Ashdown Group: Marketing Manager - Marke...
£13000 per annum: Recruitment Genius: This Pension Specialist was established ...
£23000 - £26000 per annum + Benefits: Ashdown Group: Market Research Executive...
£25000 - £35000 per annum: Recruitment Genius: A Technical Report Writer is re...