All Comet articles – Page 11
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NewsFormer Kingfisher director considers bidding for Comet
Former Kingfisher director Jim Weight is among the bidders for troubled electricals chain Comet, it is understood.
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NewsPension fund a stumbling block to sale of Comet
Comet’s pension fund is likely to become a key subject of discussion in the next phase of talks between owner Kesa and potential buyers of the electricals retailer.
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NewsDixons boss Browett's bonus cut
Dixons chief executive John Browett’s rewards package shrank last year after the retailer’s profits growth stalled.
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NewsWednesday deadline for first-round bids for Comet
Up to 10 would-be buyers consider whether to table offers for 249-store electricals chain
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NewsKnight Vinke: no objection to sale of Comet
Activist investor Knight Vinke has said it has no objection to Kesa selling its UK electrical chain Comet.
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NewsKnight Vinke urges Comet demerger rather than sale
Knight Vinke, the activist investors with a 20% stake in Kesa, has urged the electricals group not to sell UK chain Comet.
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NewsKesa forecasts slashed as costs rise
Anglo-French electricals group Kesa, which last week posted full-year results and confirmed it may sell UK chain Comet, is on broker Shore Capital’s sell list.
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News‘No silver bullet’ for Comet
Electricals retailer to press ahead with turnaround strategy as options for business are considered
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NewsLoss-making Comet to close 17 stores
Electricals retailer Kesa said Comet slumped into the red in the year to April 30, making a loss of £8.9m compared with retail profit of £11.5m the year before.
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NewsComet looks to exit 22 prime stores
Struggling electrical retailer Comet is circulating a list of 22 stores which it is looking to sell.
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NewsStores in the spotlight as sale talk heightens
Retailers provided some of the biggest talking points of the week as fevered speculation swirled about the future of some of the industry’s biggest names including Comet, HMV and Signet.
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NewsNew Comet chief: ‘We’re not going out of business’
New boss Bob Darke rules out mass store closures, CVA or pre-pack administration
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NewsKesa considers disposal of Comet
Anglo-French electricals group Kesa may sell loss-making UK chain Comet and delist its shares from the London Stock Exchange.
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OpinionCheshire’s grinning
The demise of Focus, pancaked under a pile of debt, brings long-expected consolidation in the DIY sector and a big beneficiary will be Kingfisher.
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NewsCarphone trials in Best Buy stores while Comet’s problems deepen
Best Buy Europe has introduced the Carphone Warehouse brand into one of its big-box stores for the first time.
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NewsComet like-for-like sales plummet 15.2%
Electricals retailer Comet suffered a 15.2% plunge in like-for-like sales in its final quarter, bringing the full-year fall to 7.7%.
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OpinionA false dawn for the two-speed market?
After two bank holidays, a royal wedding and some cracking weather, this week had a bit of a back to school feeling.
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NewsCalls for new Comet boss Darke to shake things up
Electricals retailer Comet’s new managing director Bob Darke needs to bring a completely fresh approach if he hopes to turn the business around, observers believe.
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NewsComet managing director Hugh Harvey stands down
Hugh Harvey has stood down from his role as managing director of electricals group Comet.