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3000 Comet job losses expected

Administrators for the electrical retail chain Comet has announced 125 store closures, which is expected to trigger around 3,000 job losses. Around 330 jobs have been gone today.

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Administrator: Comet customers' orders will be fulfilled

Customers with outstanding orders and those with gift cards and vouchers have been told trade is continuing as normal and that the group intends to fulfil deliveries of goods which have been paid for.

Extended warranties previously purchased are unaffected by the administration and remain valid, added the electrical chain's administrator, Deloitte.

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