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Last few days of Comet in Preston

Posted on - 16th December, 2012 - 1:43pm | Author - | Posted in - Business

Preston’s Comet store, one of the last remaining of the doomed chain, closes it’s doors for the final time this coming week.

The electrical store is offering discounts of up to 50% and sometimes more, try haggling. I popped in to have a look the other day. It was extremely busy, there wasn’t much left on the shelves but there were are still some big items available. Possibly some great last minute Christmas bargains.

I also picked up this interesting story with a decidely anti-festive feel.

I heard that sympathetic customers had been donating cash in stores to staff facing redundancy. A great gesture to make employees feel a little better over the festive period. Unfortunately, they have been told they cannot keep any of the money.

The Administrator Deloitte has said any money donated should instead go to charity.

Deloitte said a number of stores set-up informal collection boxes at tills. The donations would have to be subject to PAYE and NICs the same as tips.

As a result, they felt that the money should be donated to the company’s charity (and will not form part of the returns to any creditors). This has frustrated many people who stuck money in the pots hoping it would go towards the unfortunate staff.

Comet’s charity is believed to be SportsAid.

A very sad end for around 5,000-odd Comet employees and not really in the spirit of Christmas.

The loss-making chain had been sold to private investment firm OpCapita for a token £2. OpCapita failed to revive Comet’s fortunes and only a year after taking it on called in the administrators.

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Preston in pictures REFLECTIONS .... Whilst most sleep, this is what Preston Dock Marina looks like at 06.30 on a still summers morning. 6-7-13 (lens at 18mm) ©Preston. Junction of Powis Road - Watery Lane 1981 with the Docks in the background. ©Prestons Iconic 1960's Bus Station pictured in 1981, 12 years after opening, looking at the Ribble Bus Co. side from Ringway. ©St Pauls Church, Preston transforms into Red Rose Radio Preston in 1981. ©Preston Guild Hall, Lancaster Rd Dull summer day 1981. ©Ringway Preston on a dull summer day in 1981. ©Class 390 Avenham Park, PrestonM6 Motorway Preston looking south summer 1984 © View more
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