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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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.