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Re: Companies going into administration
Depressing news I feel sorry for their work force and any customer caught up in this latest closure. There's another write up here.
Quote:
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The Leeds-based retailer was one of the few specialist electrical chains to have survived the competition from Kesa Electricals and DSG International, the owners of Comet and Currys, both of which have seen their own sales come under pressure as consumers refrain from buying “big ticket†electrical and electronic products.
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This certainly cuts down on the competition for Comet and Currys. Maybe it will help them to stay in business?
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"I intend to live forever, or die trying" - Groucho Marx..... "but whilst I do I shall do so disgracefully." Jo Glynne
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