All Comet stores to close today as losses hit £230m and Vince Cable steps in

All Comet stores set to close today as losses hit £230m

Collapsed electricals firm Comet will close its remaining stores today as administrator Deloitte revealed that its unsecured creditors are owed £232.9m and Business Secretary Vince Cable launches an investigation.

Subscription content

Please sign in now if you have a subscription

Retail Week

Subscribe now for full access or register now to continue reading

Retail Week is the most trusted source of business intelligence for the retail industry. Subscribe now to enjoy:

  • Unlimited access to Retail-Week.com
  • Expert analysis and in-depth industry reports
  • Exclusive newsletters and breaking news alerts
  • Retail Week magazine

Discover Retail Week subscribe now

Please note, if you have recently purchased a subscription, it may take a few minutes before your account is updated.