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A chain of electrical stores under the Comet name is to be launched in a bid to fill the gap in the market left by the now-defunct retailer.

Sports Direct employees hit jackpot again with £50,000 payout

Sports Direct is to hand its staff a payout worth more than £50,000 this summer after the sportswear giant met its profit targets under a lucrative share scheme.

Paul Rogers parades the trophy in 1999

FA Cup semi-finals: Paul Rogers caught with his pants down after Wigan's winner in 1989

Paul Rogers will be at today’s FA Cup semi-final hoping that Wigan Athletic can repeat their victory over Millwall in the teams’ previous Wembley meeting, when he scored the only goal of the 1999 Auto Windscreens Shield final.

Creditors pay £1bn for retail failures

Creditors, such as suppliers and landlords, are likely to have lost more than £1bn from the retail sector's 20 biggest insolvencies since the start of last year, according to the credit information specialist Company Watch.

Sports Direct aims to be Euro champion

Sports Direct will step up its challenge to Decathlon's European dominance when it opens its first Spanish store in April.

Dozens of retailers on the brink as rents fall due

Insolvency specialists warn of more trouble for high streets shunned by many shoppers

Comet's comeback? Appliances Online bids to take retailer 'internet-only'

The entrepreneur behind Appliances Online has tabled a bid for Comet in a move that could see the failed electrical chain disappear from retail parks and high streets.

Five Questions About: Retailers gift cards

They're great, aren't they? I'm handing out loads at Christmas

Olympic boost helps Sports Direct beat the slump

Nearly every other shop in Britain might be struggling to pay its way, but Sports Direct is flogging enough £1.49 tracksuit bottoms and 29p Wayne Rooney masks to send sales up 18 per cent to £403m in the nine weeks to October.

Week in Review

In profit...

Hundreds of jobs at risk as United Carpets fails

United Carpets has become the latest retail casualty after it collapsed into administration, putting hundreds of jobs at risk.

Superbikes and Moto GP unite

The organisers of rival motorcycling race series MotoGP and World Superbikes have agreed to bring their interests together for the first time.

Axe finally falls on JJB with abrupt loss of 2,200 jobs

JJB Sports has become the latest high street retailer to cease trading after administrators closed 133 stores yesterday, with the loss of 2,200 jobs.

JJB's collapse will serve as another blow to the high street

2,200 jobs go in JJB Sports deal

Around 2,200 staff at JJB Sports were made redundant today after administrators closed 133 stores and agreed to sell 20 remaining outlets to Mike Ashley's Sports Direct International.

The Business Matrix: Friday 28 September 2012

Sports Direct to buy 60 JJB stores

Shops seek cure for summer blues

Retailers had high hopes for this year, but the weather has deflated all but the most resilient. James Thompson reports

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Food blogger and Guardian writer Jack Monroe with her young son
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