Jobs threat at Comet

There are concerns for hundreds of local jobs after the electronics store Comet has confirmed that it will go into administration.

Fears over job losses as Comet goes into administration

The electronics store Comet has announced that it will be going into administration next week.

With nine outlets in the North-East, it is now feared that hundreds of jobs will be lost.

Stores will remain open whilst attempts are made to find another buyer.

Retail expert Keith Jackson says that things are not looking promising for the company in the current retail climate.

Comet to go into administration next week

The electronics store has been struggling in recent months
The electronics store has been struggling in recent months Credit: ITV

The company has nine outlets in the North East, but has been struggling in recent times against competition from internet only retailers.

Comet will go into administration next week and it is believed that the stores will stay open whilst attempts are made to find a buyer.

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