DCSIMG

Electronics store in administration

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HIGH street electronics retailer Comet, which has stores in Wigan and Leigh has gone into administration.

Comet said it was “urgently working” on plans to secure the company’s future. Customers with outstanding orders are being told it is “business as usual until further notice” and that the group intends to fulfil deliveries of products that have been paid for.

Private equity firm OpCapita, which owns the 240-store business, has lined up restructuring specialist Deloitte to act as administrator.

OpCapita bought Comet last year for just £2, but the business has struggled from the downturn in consumer spending.

The news has put 6,500 jobs nationwide at risk while administrators assess options for sales, closures and liquidation.

It is not yet clear how many jobs could be lost in the borough.

 

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