Barking and Dagenham electrical stores face the axe
Two Comet stores face closure during the festive season in Barking and Dagenham.
The electricals chain collapsed into administration this month amid weak sales and an inability to secure supplier credit during the Christmas period.
A store in Abbey Road, Barking, which has 11 staff and another in Whalebone Lane South, Chadwell Heath, with 13 employees could close in the next few weeks.
More than 1,000 Comet staff have been made redundant so far.
Adminstrators Deloitte said they would shut 41 shops this month and yesterday announced the closure of a further 125 stores.
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Deloitte said that Comet would be left with just 70 stores unless it can be bailed out by a new buyer.
The administrators are not providing a full list of shops earmarked for closure but have pledged to release details of closures on the Comet website on a regular basis.
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Deloitte joint administrator Neville Kahn said: “Comet has been battling the changing landscape of the electrical retail sector for many years.
“It has become increasingly difficult for it to compete with online retailers which don’t face the same overheads such as store rents and business rates.”
His colleague Chris Farrington said yesterday: “We remain extremely grateful to the company’s employees for their commitment and support during a period of concern and anxiety for them.”
