2012
SO9224 : Comet, Unit 8 Gallagher Retail Park, Tewkesbury Road, Cheltenham
taken 11 years ago, near to Swindon, Gloucestershire, England
Comet, Unit 8 Gallagher Retail Park, Tewkesbury Road, Cheltenham
For many years Comet along with Currys/PC World have been the two leading electrical retailers in the UK. Unfortunately the economic recession coupled with the rise of on-line retailers has hit Comet badly. Coupled with various changes of ownership in recent years, with a bit of asset stripping en route, it was no surprise when early November 2012, the company suddenly went into administration. The administrators have put most of the stock on sale with varying discounts, with posters in the windows announcing that everything must go. Unless a buyer materialises, it seems that most or all the stores might be closed in a matter of days. The biggest losers in this situation are always the staff and the creditors. In this branch, which seemed to still be relatively well stocked, the staff were today having to cope with the effects of the computer system having crashed.
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