Sunday 4 November 2012

Comet's future looks bleak


As Comet goes into administration, gift cards have been suspended and it's website is down.

The future for troubled UK retailer Comet doesn't look very good as administrators Deloitte were called in to assess the situation and make key decisions for the companies future.

Hundreds of staff could loose jobs and many customers will be left disappointed as Comet may struggle to fulfill orders. Deloitte have suspended giftcard transactions, and nobody knows when these services will be accepted again.

The website is currently down, and shows "Comet sale starting soon". With a legal notice regarding the administration. Anyone looking for answers theres a FAQ section on their website for outstanding orders etc.

Comet has been in trouble for some time, loosing out on sales to online retailers. In an extremely competitive market Comet failed to attract the custom needed to survive. Also people have taken to social media sites to vent their frustration withe the failing retailer.

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