Future of store unknown

THE future of a town electrical store still hangs in the balance as administrators confirmed plans to close 41 stores nationwide by the end of the month.

Closing down sales have already started in 27 Comet stores throughout the country after the firm went into administration earlier this month.

The Hartlepool store, in Anchor Retail Park, wasn’t one of the 27, but the further 14 stores which will close will be revealed by administrators early this week.

Administrators are looking to move staff from any stores which do close to other Comet branches nearby.

A dedicated employee helpline has been set up and the company is running an employee assistance programme to help staff who are made redundant.

The news of the store closures comes as administrators revealed they are continuing to hold discussions with parties who have expressed interest in parts of the business.

But they said it was “necessary” to begin a store closure programme while this was taking place.

Chris Farrington who was appointed joint administrator along with Neville Kahn and Nick Edwards, all of Deloitte, said: “We are very grateful to the company’s employees for their professionalism, loyalty and support at this difficult time and all employees will of course continue to be paid for all the work they do while the company is in administration.”

Bosses say generous discounts will continue to be applied to products at all of the other 195 Comet stores, which continue to trade as usual.