Comet reveals 22% sales decline

The owner of British electrical goods retailer Comet today revealed a 22% plunge in sales as consumer confidence fell to a "low ebb" across the UK.ealed a 22% plunge in sales as consumer confidence fell to a "low ebb" across the UK.

The owner of British electrical goods retailer Comet today revealed a 22% plunge in sales as consumer confidence fell to a "low ebb" across the UK.

While reporting the drop in same-store sales between May and July 31, Kesa Electricals shed no light on the progress of a sale of the struggling retailer, which has 248 stores across the UK.