Comet signals tough times for electrical goods retailers

Comet’s administration was due in part to a failure to invest in a more contemporary proposition, including reducing its reliance on the weak white-goods market. Dixons Retail is now the only broad-range national multiple in the electrical specialists sector, but it cannot stand still: continued investment and innovation will be needed to ensure its position as a store-based specialist remains relevant to consumers. Read the full report on Mintel.