Experts are forecasting a bleak outlook for High Street shops in 2013 following the collapse of Comet, reports the Telegraph.
Last week, HMV warned there is “material uncertainty” about its own future.
Meanwhile, shoe chain Stead & Simpson has disclosed that it is to close 90 shops, and stationery retailer Staples has closed 23 shops.
More top news
The wreckage of the long-lost British submarine thought to have sunk 74 years ago has been found off the coast of Sardinia, reports claim.
Ministers are considering changes to pension laws in an attempt to persuade Tata abandon its planned sell-off, according to Channel 4 News.
Antonio Pedro De Olivera Alves was sentenced to 11 years in prison in his absence after he fled the UK in 2013.