Legendary UK Retailer to Return 13 Years After Falling Into Administration
4 Articles
4 Articles
Legendary UK retailer to return 13 years after falling into administration
A LEGENDARY UK retailer is set to make a stunning comeback more than a decade after shuttering its stores. Electricals retailer Comet ceased operations in 2012 but has been snapped up by online marketplace OnBuy. GettyOnline marketplace OnBuy has pumped £10million of investment into reviving electricals store Comet[/caption] The latter confirmed to The Sun that the chain would relaunch in either September or October, and definitely before Christ…
Popular retailer to RETURN to high street 13 YEARS after collapsing into administration and shutting 236 stores - New York Times Post
A POPULAR high street name is set to make a dramatic return 13 years after vanishing from UK towns and cities. Comet, once a go-to store for electrical goods, is being brought back by online marketplace OnBuy – but this time, it’s going digital. 3 Founded in Hull in 1933, Comet grew from selling batteries and radios into a nationwide electrical giantCredit: PA:Press Association 3 Now, more than a decade later, there’s fresh hope for fans of th…
Comet acquired by online marketplace OnBuy - Retail Gazette
Electrical specialist Comet has been snapped up by online marketplace OnBuy. The company said it plans to inject £10m into reviving the Comet brand and will relaunch its website in the fourth quarter. It said the deal will position OnBuy as a “serious challenger” to long-established players within the UK’s consumer electronics space, including Amazon and Currys. Comet, which was one of the leading electrical retailers in the UK, was placed into …
OnBuy Acquires Iconic Comet Brand - Retail News And Events
UK-based online marketplace OnBuy has announced its acquisition of the iconic British retailer Comet from Misco Technologies, with a relaunch scheduled for the fourth quarter of 2025. The move forms a key part of OnBuy’s long-term strategy to expand its influence in the UK consumer electronics market, estimated to be worth £25 billion. The acquisition will see Comet fully integrated into OnBuy’s marketplace infrastructure. Once a staple of the U…
Coverage Details
Bias Distribution
- 100% of the sources lean Right
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage