Comet to launch Clearance Sale tomorrow

Collapsed electricals retailer Comet is to launch a Clearance Sale tomorrow.

Comet, which sunk into administration last week, will launch a Sale on selected stock.

Administrator Deloitte remains in talks with potential suitors in a bid to try and find a buyer for all or parts of Comet but it is understood a handful of stores could close next week.

Deloitte said earlier today that customers with Comet gift vouchers will now be able to spend them in the stores following a temporary suspension.

However, Deloitte will still maintain the temporary suspension on gift cards which have been issued to people on behalf of a corporate customer until it can clarify whether Comet has received full payment for them.