Comet appeared to enter its final death throes today as administrators announced 125 store closures in a move expected to trigger around 3,000 job losses.

The entrepreneur behind Appliances Online has tabled a bid for Comet in a move that could see the failed electrical chain disappear from retail parks and high streets.

JJB Sports reportedly collapsed leaving £210m (€262.6m) to unsecured creditors.

Around 6,500 UK retail jobs were under threat today as electricals chain Comet became the latest casualty on the high street.

There was mixed news on the jobs front yesterday with the announcement that 101 staff are to be made redundant with the closure of sports retailer JJB Sports while another 140 filling station jobs are in peril nationwide.

JJB Sports will close its Irish stores and gyms tonight with the loss of 100 jobs.

An interim examiner has been appointed to Brogan's Bakery in Glenamaddy, Co Galway.

There are fears for over 100 Irish jobs at the sports retailer JJB Sports after its parent company in Britain went into administration this morning.

In the UK struggling retailer JJB Sports has found a buyer - its rival Sports Direct.

JJB Sports, once the biggest sports retailer in Britain and Ireland, is to appoint administrators.

Ailing JJB Sports is to appoint administrators after calling time on its long-running battle to rescue the business.

Ailing retailer JJB Sports today confirmed it was holding talks after receiving offers from “a number” of potential suitors as it seeks to secure the future of the firm.

Fears for the future for JJB Sports were fuelled today as it emerged one of the frontrunners to buy the ailing retailer failed to submit a bid.

Fears over the future of JJB Sports intensified yesterday after the retailer said it had failed to secure the funds needed to overhaul its stores.

The retail sector was firmly in the spotlight on the London market today after a raft of weather-hit updates from leading high street chains.

Fresh worries about the eurozone debt crisis and the UK economy meant London’s blue chip shares index struggled to make significant gains today.

UK retailer JJB Sports secured £30m (€36.17m) of additional funding today after striking a partnership with American retailer Dick's Sporting Goods.

Rising oil prices and optimism that Greece will be saved from a calamitous default helped drive London’s leading shares index closer to the 6000 mark today.

The survival hopes of ailing sportswear chain JJB Sports were lifted today despite another batch of negative trading figures.

London’s blue chips recovered more ground as markets across Europe ended a volatile week on a rising note.

Chocolate retailer Thorntons today by announced plans to close up to 180 stores.

Fashion retailer JD Sports reported a deterioration in same-store sales today but reassured the weak performance was partly down to tough comparisons to booming sales in the run up to last year’s World Cup.

The London market struggled to make gains today despite a rally among banking stocks, as the eurozone debt crisis continued to worry investors.

Ailing retailer JJB Sports today said it had secured key support from its bank and major shareholders as it battles to stave off administration.

JD Sports Fashion has abandoned interest in a takeover of JJB Sports after claiming its ailing rival had snubbed its requests for information.

An improved outlook on the crisis in Libya and a raft of positive blue-chip updates saw the FTSE 100 Index break back through the 6000 barrier today.

The London market pushed ahead today as traders expected more positive employment figures from the US and seized on reports of a mooted peace deal for Libya.

Embattled retailer JJB Sports today announced plans to shut 45 stores and said another 50 were in danger of closure as it moves to shore up its finances.

British sportswear retailer JD Sports is in talks over a potential takeover of struggling rival JJB Sports in a move which would see the creation of one of the UK’s biggest high street chains.

President Barack Obama's State of the Union address buoyed the London market today as investors cheered moves to support growth in the world's biggest economy.

The London market roared ahead today on hopes for the world’s biggest economy after President Barack Obama promised to create jobs and support growth.

Struggling retailer JJB Sports was today fined for failing to disclose it bought two smaller rivals for £16m (€18.5m) more than it told investors.

The London market continued its rally today after the European Central Bank stepped up efforts to contain the continent's government debt crisis.

The London market struggled to find direction today as sentiment was weighed down by fears over Ireland and caution on the outcome of the G20 summit in South Korea.

Royal Bank of Scotland slumped more than 4% today as investors reacted to fears about the bank's exposure to the financial crisis in Ireland.

London’s blue chip share index dropped into the red today as investor nerves built ahead of key UK economic news.

The FTSE 100 Index remained near its opening mark today as investors stayed on the sidelines ahead of key economic developments later in the week.

Sportswear firms Sports Direct International and JJB Sports will not face charges following an investigation by the UK's Serious Fraud Office into allegations of cartel activity, it was disclosed today.

The FTSE 100 Index just managed to keep its head above water today after spending much of the session in the red following mixed economic data from the US and concerns over European debt.

IA wealthy Indian businessman has emerged as a possible buyer for Blackburn.

The FTSE 100 Index advanced almost 2% today as the International Monetary Fund’s upgrade of global growth prospects boosted sentiment.

British sportswear retailer JJB Sports today shrugged off England’s early exit in the World Cup as it said sales had soared in recent weeks.

UK blue chip stocks rallied for a second session today after a fightback for financial firms and miners.

Embattled JJB Sports today said its stores were stocked and ready for World Cup fever in England, but annual results revealed the pain of a dire year that brought the group to its knees.

MODEL Katie Price and new husband Alex Reid have been questioned about a row over a disabled parking space, police said.

London’s blue chip share index pushed into positive territory today after the Bank of England held steady on its monetary policy and financial firms climbed.

The FTSE 100 Index held its ground above the 5200 mark today to close at its highest level for more than a year.

Struggling sportswear firm JJB Sports was back on track with its £100m (€107m) rights issue today after shrugging off a smear campaign apparently aimed at derailing the fundraising plans.

The London market struggled to make headway today as a poor session for mining stocks dragged on blue-chip shares.

Struggling retail chain JJB Sports was today finalising plans to raise £100m (€109m) from investors.