Eight Comet branches in Kent under threat as electrical store goes into administration

Comet's Gravesend store
is one of those under threat
by business editor Trevor Sturgess
Hundreds of jobs at eight Comet branches across the county
are at risk as the electrical retailer prepares to go into
administration.
The struggling company went to the High Court today to
file notice it will appoint administrators next week
- leaving the 6,000-strong nationwide workforce under
threat.
The chain, which has 240 stores, was bought for just £2 less
than a year ago by the private investment firm OpCapita.
But it is thought to have made losses of £35million.
The county's outlets are in Ashford, Aylesford, Rochester,
Tunbridge Wells, Margate, Canterbury, Folkestone and Gravesend.
01/11/12
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