



Electricals Giant COMET – WHICH HAD MORE THAN 200 STORES PRIGHT ITS ITS COLLAPSE IN 2012 – is the latest retaile to be relaunched online
Electricals chain comet is set to be reborn – 13 years after its collapse.
Online Marketplace Onbuy.com has brought the comet brand and is poised to relay the Business as an internet-only store. Cas Paton, Founder of Onbuy, Said It Planned to Pump More than £ 10million Into Bringing Back COMET – Complete with Its Original Branding.
COMET WAS FOUNDED IN HUL IN 1933 and Started Out Seling Batteries and Radio, and Gray to Become a High Street Giant. But in what was one of the Biggest High Street Casualities of Recent Years, the 236-Store Chain Wall to the Wall in 2012, with 7,000 JOB Losses, after Racking Up Heavy Losses.
Onbuy plans to relax the comet website in time for christmas, although there are no plans to return to having Physical Storys.
“I am so excited, so thrilled,” Said Greater Manchester-Born Mr Paton. “Growing-up, I were to comet to get what I needed. It was a brand that was close to me. We have been to bring comet back to the uk consumer. It’a a household name we estimate is recognined by 70% of uk adults.”
The relaunched comet Will Operate As On Online Shop Window Where Big Name Electricals Goods Makers Advertise and Sell Products.
Howver, it is re-entering a cut-throat market, from online gants Such as Amazon Through to Chains Such As Currys. MR Paton, who starts his first business aged 21 with £ 80 after leaving the Royal Navy, Insists the Strength of the Comet Brand Can A Winner.
And despite the size of it Competitors, the Maried Father-of-Four Clalimed he Can Eve beat its rivals on price. “Consumers Will Have More Choice and More Competitive Prices,” he vowed. “We Will Be Ultra Competitive and Undercut Currys and Amazon.”
Most of the £ 10million will be into comet’s Technology, Although the Relaunch is Expect to Create Around 50 Jobs. Online Marketplace Onbuy, Based in London, Was Launched in November 2016 and Is Now Valued at Around £ 200million.
News of Comet’s Revival Comes a Week AFTER it was announce Famous Firm MFI was Being Reinvented As Online Store, 18 years after the original shops of collaps.
Victorian Plumbing, Which Bought the MFI Brand Name in 2024, Said It Will Be Launched Next Year. Mullard Funditure Industries Started in 1964 As a Mail Order Business and Beca Britain’s Biggest Fu Retailler, but it Collaps in 2008.
Topshop is set for a high street return after demand from shoppers, the firm bend it said recently. Online Giant Asos Gave Its Clearest Sign Yet That The Once-Being Brand is Making a Bricks-And-Moretar Comeback.
Asos, which bough the Business after the collapse of Sir Philip Green’s Arcadia Empire, Said A Standshop website is set to be launched in summer.
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