Comet's fate is just a sign of the times, says one competitor
THE boss of an online electrical dealer believes Comet going into administration is a sign of changes in the way people buy electrical goods.
Nick Glynne, managing director of South Normanton-based Appliances Direct, said its troubles signalled the death of traditional retailers.
He said: "Comet going into administration has nothing to do with the recession.
"Electrical high street names are suffering or going to the wall. They need to face the fact that the market has shifted and that customers are primarily looking online to buy their goods.
"There has been a huge growth in online shopping but electrical retailers haven't been quick enough to see this."
The Comet store at Kingsway Retail Park, Derby, is still being traded by administrators.