Comet: why gift vouchers make terrible presents

Comet became the latest high street casualty of the recession last week when it went into administration. The administrators Deloitte quickly announced that although stores would be staying open for now, gift vouchers and gift cards would be "suspended temporarily".

The electrical retailer going under follows several other high profile shops that have gone to the wall this year. These include JJB Sports, United Carpets, Allders, Clinton Cards and Pumpkin Patch. These come after numerous other high street stalwarts have gone under in the past few years including Habitat, Barratts, Moben, Woolworths and Jane Norman.
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