All Comet articles – Page 12
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NewsComet staff face redundancy after warehouse closes
Electricals specialist Comet intends to close its national distribution centre in Corby, Northants as part of an efficiency drive.
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NewsHMV hires Comet's Ewan Pinder as head of technology
HMV has appointed Comet head of merchandising and store development Ewan Pinder as its head of technology.
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NewsDixons Retail expected to stay on top of rival Kesa
Currys and PC World owner Dixons Retail is expected to continue to outperform arch-rival Kesa, owner of Comet, Shore Capital maintains.
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OpinionBest Buy beats a retreat
Many of the world’s biggest retail names have been humbled when, bolstered by strength in domestic markets, they are emboldened to venture overseas.
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NewsRoyal wedding bank holiday to hit store costs
Leading retailers face higher staff costs due to this year’s extra bank holiday for the Royal Wedding.
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NewsComet begins redundancy consultations as it consolidates service centres
Electricals retailer Comet is to shut 14 of its service centres and has begun consultations with 411 affected staff as it seeks to make redundancies.
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AnalysisTime for retail to come in from the cold
After three snowy, sales-depleting winters in a row, are the icy temperatures here to stay in the UK and can retailers do anything to lessen the impact of the weather? Charlotte Hardie reports
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NewsDouble-dip fears hit general retail stocks
Retail stocks were hit as the economy went into reverse, renewing fears of a double-dip recession, and Bank of England governor Mervyn King warned of plunging living standards.
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NewsDirectors leave Comet in the wake of dire trading update
Two Comet directors are to exit the business and redundancy consultations have begun with other head office staff as the electricals specialist battles to recover after disastrous Christmas trading.
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AnalysisChristmas Trading: The good, the bad, and the ugly
Terrible weather hit retail hard this Christmas, but some managed to prosper regardless. Rebecca Thomson wraps up Christmas 2010 with the help of OC&C’s Christmas trading index
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OpinionDixons down but not out
Now that most Christmas numbers are out, retail sector investors face a fundamental question: yes, the snow affected sales but were there deeper reasons for disappointing trading at particular companies?
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NewsComet like-for-likes slump 7.3%
Electricals chain Comet has reported a slump in like-for-like sales of 7.3% over Christmas, hit by the bad weather and intense promotional activity.
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AnalysisIn need of specialist treatment
Across games, music, sport and electricals, specialist retailers are suffering, but what is the diagnosis and can they be brought back to health, asks Nicola Harrison
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AnalysisMore or less?
A well-known and high profile individual, who at one time used to steer the ship at Boots, once referred to point of purchase as “the rubbish in the roof” and within limits there is some justification for the view.
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NewsSony unveils new user-friendly format
Technology specialist Sony Centre has unveiled a new-look store on electricals retail destination Tottenham Court Road.
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OpinionRetailers need a thaw for a happy Christmas
Retailers are in the habit of blaming the weather when things don’t go to plan, but this Christmas it’s a genuine excuse.
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GalleryThe very best stores of 2010
Despite the tough economic climate, both overseas and homegrown retailers haven’t held back on innovative store designs.
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NewsRetail gets the thumbs up as it outperforms
Investors filled their shopping trolleys with general retail and food stocks alike. The former outperformed the market despite lacklustre BRC sales data for November but are still down year on year.
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AnalysisDriving loyalty and footfall through mobile commerce
Mobile retail is empowering consumers, but it can be a positive tool for retailers.
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NewsActivist investor won’t lead to Kesa break-up, chairman vows
Kesa chairman David Newlands has downplayed the suggestion that stakebulding by investor Knight Vinke indicates sweeping change is likely at the electricals group.