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-   -   Comet Collapse. (https://www.cableforum.uk/board/showthread.php?t=33690433)

Paul 01-11-2012 13:22

Comet Collapse.
 
I got an e-mail from our corporate discount scheme today about Comet.


Quote:

It is reported that Comet is going into administration. We recommend that you spend the value on any Gift Card at your earliest convenience. Please note, all other Gift Cards remain unaffected.
Seems they are on the brink of collapse.

Kymmy 01-11-2012 13:31

Re: Comet Collapse.
 
Yep it's been all over the bbc news this morning

http://www.bbc.co.uk/news/business-20164228

Osem 01-11-2012 14:41

Re: Comet Collapse.
 
It's been on the cards for a while sadly. Our local Comet has looked like it's been in the middle of a clearance sale for ages.

Kabaal 01-11-2012 14:47

Re: Comet Collapse.
 
They were bought for £2 a couple of years back so not really much of a surprise. I look at this as their own fault for buying out the competition without improving on anything over the years, it's much like the whole GAME debacle.

Graham M 01-11-2012 14:58

Re: Comet Collapse.
 
Quote:

Originally Posted by Osem (Post 35491351)
It's been on the cards for a while sadly. Our local Comet has looked like it's been in the middle of a clearance sales for ages.

I noticed the same when I went into my local store a couple of weeks ago, ended up going to the Pc Ŵorld/Currys superstore instead.

denphone 01-11-2012 15:04

Re: Comet Collapse.
 
l remember us buying a washing machine from them and we asked for it to be plumbed in and then 2 days later after it was plumbed in we had a flood in the kitchen due to their incompetence and yet they refused to pay any compensation even though it was quite clearly their fault.

Kabaal 01-11-2012 15:12

Re: Comet Collapse.
 
Quote:

Originally Posted by Graham M (Post 35491356)
I noticed the same when I went into my local store a couple of weeks ago, ended up going to the Pc Ŵorld/Currys superstore instead.

Not much of a step up there lol. ;)

Mick Fisher 01-11-2012 15:19

Re: Comet Collapse.
 
Quote:

Originally Posted by Osem (Post 35491351)
It's been on the cards for a while sadly. Our local Comet has looked like it's been in the middle of a clearance sale for ages.

I have never bought anything from Comet but I did check out the Comet store in Kettering some 20 odd years ago.

Sadly it looked just as you describe. :(

So their demise is no big surprise to me. The only surprise is they lasted for so long.

Will21st 01-11-2012 15:28

Re: Comet Collapse.
 
Good Riddance..... rubbish store is rubbish. :td:

very unpleasant for the employees,though.

devilincarnate 01-11-2012 15:38

Re: Comet Collapse.
 
O2 will be happy as they will not have to offer staff discounts

danielf 01-11-2012 17:41

Re: Comet Collapse.
 
So that pretty much leaves the Dixons group with the entire UK electronics market to itself? That's got to be bad news for the consumer.

martyh 01-11-2012 18:32

Re: Comet Collapse.
 
Quote:

Originally Posted by danielf (Post 35491423)
So that pretty much leaves the Dixons group with the entire UK electronics market to itself? That's got to be bad news for the consumer.

There have been unsolicited bids to OpCapita for the company caused ironically by rising sales which has caused the suppliers to get a bit twitchy and insist on payment up front for stock so i doubt that comet will disappear just be a lot smaller and part of another group

tizmeinnit 01-11-2012 18:42

Re: Comet Collapse.
 
most of these stores are in out of town shopping centres not the high street. Just being doubly pedantic lol

Halcyon 01-11-2012 18:54

Re: Comet Collapse.
 
Comet, Dixons, Currys. Get rid of them all.

Stopped shopping there many years ago.

Zee 01-11-2012 19:16

Re: Comet Collapse.
 
the one near me looks like a charity shop



Message on comet website:

"Sorry comet.co.uk is currently unavailable please try again later"

MovedGoalPosts 01-11-2012 20:19

Re: Comet Collapse.
 
Quote:

Originally Posted by danielf (Post 35491423)
So that pretty much leaves the Dixons group with the entire UK electronics market to itself? That's got to be bad news for the consumer.

Not really, Supermarkets like Tesco have been steadily eroding the market of the box shifting, but non specialist electronics store. You also have increased presence of more specialist retailers like Richer Sounds that certainly in Sound and Vision have far excelled the Comet / Currys and Supermarkets. And of course retailers with perceived quality like John Lewis have also been moving into the market.

I find it interesting that where for a while the Dixons group were opening separate PC world stores to their Currys chain, the majority of them now seem to be combined PC World / Currys outlets. They seem to at least be trying to evolve.

Comet stagnated and couldn't update themselves to compete with either modern box shifting retail or internet, yet were too bloated to be seen as specialist. Staff are unfortunately the losers as management failed to manage.

Rockabilly Spike 02-11-2012 08:39

Re: Comet Collapse.
 
its interesting how many people on the net seem to be taking pleasure in a british firm folding and around 6500 people now faced with unemployment in one go....

Chris 02-11-2012 09:00

Re: Comet Collapse.
 
Quote:

Originally Posted by Halcyon (Post 35491479)
Comet, Dixons, Currys. Get rid of them all.

Stopped shopping there many years ago.

Quote:

Originally Posted by danielf (Post 35491423)
So that pretty much leaves the Dixons group with the entire UK electronics market to itself? That's got to be bad news for the consumer.

We went in Currys the other week with a shopping list - we needed a new combi microwave, cordless vac and a Freesat PVR. The in-store prices of all three items were just ridiculous. We came home and got a Dyson Digital Slim from an independent retailer via Amazon, an Echostar PVR from another independent store and the microwave from the co-op online.

DSG may have the last large, dedicated chain of electrical stores but it only has anything resembling a monopoly if you're unable or unwilling to buy your goods online.

Itshim 02-11-2012 11:37

Re: Comet Collapse.
 
Sorry am I really the only person that thinks it is bad news that ANY business closes, how ever you rate them. Less taxes paid, unemployment benefit increased. All in all it brings no good to anyone. Have to say its not a store I use a lot If its a "box" I want tend to use Argos - as I have to drive pass one & the price normally is not that far off. If a "planned" purchase then go to local independent for white goods when ever possible.

Stephen 02-11-2012 11:41

Re: Comet Collapse.
 
My friend's husband works for Comet, so the possibility of him losing his job is not good news.

Mick 03-11-2012 15:37

Re: Comet Collapse.
 
http://storage.comet.co.uk/www/splash/html/splash.html

Comet website now announces sale coming soon, also informs the visitor that Comet is indeed in Aministration and lists the Administrators.

Hom3r 03-11-2012 16:39

Re: Comet Collapse.
 
What annoys me is that gift vouchers are worth SFA, surely thats theft?

Do what I do, I give gift vouchers that are reckonised in every shop in the UK, they are called Sterling.

tizmeinnit 07-11-2012 11:49

Re: Comet Collapse.
 
They have reinstated the non corporate gift vouchers

raging bull 07-11-2012 13:39

Re: Comet Collapse.
 
Called into a local Comet store this lunchtime, certainly no firesale at this moment.
Most things on view still at high prices, compared to Argos couple of shops away.

philwhite100 11-11-2012 09:59

Re: Comet Collapse.
 
I am off to a store today as i am after a new laptop or possibly an iMac.

tizmeinnit 11-11-2012 11:29

Re: Comet Collapse.
 
Sale is in store only so you are not going to get scammed by out of stock online purchase.

Phil let us know if its worth having a look

philwhite100 11-11-2012 12:00

Re: Comet Collapse.
 
Quote:

Originally Posted by tizmeinnit (Post 35495383)
Sale is in store only so you are not going to get scammed by out of stock online purchase.

Phil let us know if its worth having a look

Will do.

Chris 11-11-2012 12:09

Re: Comet Collapse.
 
I was in the Stirling branch yesterday. Large items tend to be 10% off marked price, peripherals and small appliances are usually 20% off. They are only accepting returns in accordance with statutory rights (I.e. you can't take it back if you decide you don't like the colour). Actually they are trying to get people to use the manufacturer's warranty rather than return it to the store if the item is broken, which is sensible considering the stores will be closing in a couple of months, however they're still legally obliged to deal with it if you take it to them.

I got a Sony camcorder for about £250.

Hom3r 11-11-2012 12:46

Re: Comet Collapse.
 
Quote:

Originally Posted by Chris (Post 35495391)
I was in the Stirling branch yesterday. Large items tend to be 10% off marked price, peripherals and small appliances are usually 20% off. They are only accepting returns in accordance with statutory rights (I.e. you can't take it back if you decide you don't like the colour). Actually they are trying to get people to use the manufacturer's warranty rather than return it to the store if the item is broken, which is sensible considering the stores will be closing in a couple of months, however they're still legally obliged to deal with it if you take it to them.

I got a Sony camcorder for about £250.


Not if they close all stores.

The main thing is that many electrial products can have upto 6 years MFG warrenty but they don't shout about it, IIRC it was on watchdog or similar program.

Maggy 11-11-2012 14:00

Re: Comet Collapse.
 
What price were air fryers?

Chris 11-11-2012 14:14

Re: Comet Collapse.
 
Quote:

Originally Posted by Hom3r (Post 35495408)
Not if they close all stores.

well yes, that's kind of implicit in the whole notion of taking it back to them. You can't do that if they're not there. ;)

Peter_ 11-11-2012 14:17

Re: Comet Collapse.
 
Quote:

Originally Posted by Maggy J (Post 35495427)
What price were air fryers?

You can probably get a better deal elsewhere as the reductions are not that great and some manufacturers are not allowing them to sell their goods and are asking for them back according to the staff member I heard speaking to a customer on Friday, I got my item cheaper in Currys even after the discount applied in Comet.

philwhite100 11-11-2012 16:46

Re: Comet Collapse.
 
Well i visited a store this afternoon and the prices were not all that low on most things.
However i bought a laptop and saved around £75 compared with other retailers selling the same one.
My daughter bought a TV too.

nstokes 12-11-2012 17:53

Re: Comet Collapse.
 
Quote:

Originally Posted by danielf (Post 35491423)
So that pretty much leaves the Dixons group with the entire UK electronics market to itself? That's got to be bad news for the consumer.

Why you say that? There is still Dixons group and supermarkets are doing well as well. Of course supermarkers cant compete with Dixons for customer service and the type or ranges and upto date tech but there are still other places to shop if needed

Quote:

Originally Posted by Rockabilly Spike (Post 35491567)
its interesting how many people on the net seem to be taking pleasure in a british firm folding and around 6500 people now faced with unemployment in one go....

Dixons is offering some of these employees a chance to work in the Dixons group over the xmas period. 2000 people i believe

Quote:

Originally Posted by Mick (Post 35492042)
http://storage.comet.co.uk/www/splash/html/splash.html

Comet website now announces sale coming soon, also informs the visitor that Comet is indeed in Aministration and lists the Administrators.

From what i have heard the sale will only be 10% off everything

Peter_ 12-11-2012 19:44

Re: Comet Collapse.
 
Quote:

Originally Posted by Rockabilly Spike (Post 35491567)
its interesting how many people on the net seem to be taking pleasure in a british firm folding and around 6500 people now faced with unemployment in one go....

i will miss the competion as it leaves to few stores competing for our money as many online stores are now taking over with either very competitive prices or deals that cannot be matched on the high street.

Hom3r 23-11-2012 18:43

Re: Comet Collapse.
 
went past my comet yesterday and it was closed, as was the distribution centre.

martyh 23-11-2012 18:50

Re: Comet Collapse.
 
Quote:

Originally Posted by Hom3r (Post 35501222)
went past my comet yesterday and it was closed, as was the distribution centre.


apparently there has been a few bids

http://news.sky.com/story/1015410/co...nline-retailer

nstokes 25-11-2012 16:18

Re: Comet Collapse.
 
I heard that some of head office and the HDN are closing down as well

Chris 25-11-2012 16:38

Re: Comet Collapse.
 
I visited the Stirling branch again yesterday. It was still open but it was almost totally bare.

nstokes 25-11-2012 17:05

Re: Comet Collapse.
 
Quote:

Originally Posted by Chris (Post 35502108)
I visited the Stirling branch again yesterday. It was still open but it was almost totally bare.

Not be long before all the stores are empty and have the closed sign on them forever

Taf 17-12-2012 18:30

Re: Comet Collapse.
 
Quote:

The collapse of electrical chain Comet will cost the government £49.4m in redundancy payments and tax revenues, administrators Deloitte have revealed.

The redundancy money owed to thousands of former Comet workers totals £23.2m, and will be paid by the government's Redundancy Payments Service (RPS).

Meanwhile, £26.2m is owed in taxes to HM Revenue & Customs (HMRC).
http://www.bbc.co.uk/news/business-20754466

Horizon 17-12-2012 20:59

Re: Comet Collapse.
 
Sorry for the staff just before Christmas, but, good riddance!

When I was young and rich about 20 years ago I walked into a Comet store with my copy of Home Cinema Choice in hand and declared I wanted to spend a lot of money on the biggest tv they had. Now thinking that spending 2k on a tv would alight their attention and I'd have staff jumping up to help me, I was wrong.

When I went and asked the staff members in the tv section (they were all together watching tv...) if I could have the remotes for the tvs I wanted to look at (they were all locked away) the response I got was "buy the tvs, then you get the remotes."

There's nothing like British customer service.:)

Stuart 17-12-2012 22:13

Re: Comet Collapse.
 
Quote:

Originally Posted by Horizon (Post 35513514)
Sorry for the staff just before Christmas, but, good riddance!

When I was young and rich about 20 years ago I walked into a Comet store with my copy of Home Cinema Choice in hand and declared I wanted to spend a lot of money on the biggest tv they had. Now thinking that spending 2k on a tv would alight their attention and I'd have staff jumping up to help me, I was wrong.

When I went and asked the staff members in the tv section (they were all together watching tv...) if I could have the remotes for the tvs I wanted to look at (they were all locked away) the response I got was "buy the tvs, then you get the remotes."

There's nothing like British customer service.:)

Reminds me of my experience in a local small hifi/home cinema shop. About 14 years ago, I was looking for a home cinema system. I had scrimped and saved for months and had around £900.

Now, I do genuinely believe that we should support our local businesses where possible so I went to a local home cinema shop. When he discovered I only had £900 he looked at me like I was something he might have stepped in, and said "well you might get something for that". He was right, I did. Not there though. I went up Tottenham Court Road, bought a Pioneer VSX-808, 5 good (ish) speakers (didn't get a sub as I didn't want to offend my neighbours) and all the right cables. A set up that's still giving good service

martyh 18-12-2012 00:02

Re: Comet Collapse.
 
Quote:

Originally Posted by Taf (Post 35513351)

A tad misleading those figures .The payments will be made up of redundancy payments part funded by NI contributions (not sure what the% is) and holiday pay and notice if none given .Any holiday pay and notice payed will be taxed


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