Published: 02/12/2012 17:00 - Updated: 30/11/2012 14:36

Elgin not on Comet's closure list

THE administrator dealing with electrical retailer Comet is to close 125 further stores.

Failure to find a buyer for the ailing business will see the shutters come down on shops across the country, but Elgin is not yet on that list.

Seven stores, including Edinburgh Straiton, will stop trading for good on Monday. The others will shut up shop over the next few weeks.

Last week a spokesperson for administrators Deloitte told the ‘Northern Scot’ that the Elgin shop would remain open for the time being. It is not listed in the most recent round of closures, although the situation is fluid. There are 11 staff at the South Street store.

The most recent closures will leave about 70 stores across the UK, including 12 in Scotland, which will remain open until all stock is sold.

Administrator Chris Farrington said: "We remain in discussions with a small number of interested parties, and hope that a positive outcome can still be achieved. Should any acceptable offers be received for stores, we will delay the closure process.

"In the absence of a firm offer for the whole of the business, it has become necessary to begin making plans in case a sale is not concluded."

< Back
Reddit Facebook Digg Del.icio.us Twitter Bebo