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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Extra officers are in the Wallsend area to carry out enquiries and to offer reassurance to the community.
Vera Robinson MBE has died at the age of 101. She had been a fundraiser for the Redcar RNLI lifeboat station since she was 16 years old.
Provisional statistics for July show it was a cool and wet month for many of us.