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£8m loss for Comet

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£8m loss for Comet

Tough market conditions hit consumer electronics retailer

Kesa Electricals has revealed that its UK chain Comet made a half-year loss of £8.1m for the period up until October, with the retail chain blaming deteriorating market conditions for the results.

That was in stark contrast to its £10.6m profit for the same period in 2007.

MCV's sister publication PC Retail has more detail on the results – click here to take a look.

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MCV is the leading trade news and community site for all professionals working within the UK and international video games market. It reaches everyone from store manager to CEO, covering the entire industry. MCV is published by Intent Media, which specialises in entertainment, leisure and technology markets

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