By Patrick Avenell
The Retravision Southern members inundating BSR Australia CEO Graeme Cunningham with membership enquiries are among a large group of retailers unworthy of credit, according to an email co-written by Retravision WA CEO Paul Holt and Retravision Northern CEO Phil Scarf.
As Current.com.au revealed exclusively this week, BSR, which administers the Betta, Betta Home Living and Chandlers retail brands, has been receiving calls from Retravision Southern members and, yesterday, CEO Graeme Cunningham met with several retailers.
In an internal email co-authored by Holt and Scarf, the pair describes approximately half of all Southern members as a credit risk and a burden on the group, in what appears to be a counterstrike against their defection to BSR.
“We are aware that there are other buying groups reaching out to steal our business,” write Holt and Scarf.
“At the same time, there are currently at least 50 Retravision stores in the Eastern states that are not considered credit worthy going forward and who have contributed to our current predicament.
“There is no confusion in my mind about why the BSR group are crowing about being inundated with applications from those stores seeking to burden another group.”
Although this email is co-signed by Holt and Scarf, Current.com.au understands that Paul Holt wrote this email, and it is in his mind that there is no confusion.
Holt has previously told Current.com.au that 67 Retravision Southern members had applied to migrate to either Retravision WA or Retravision Northern. Earlier this week, BSR CEO Cunningham told Current.com.au that, “Half of the Retravision members have approached us”.
As there are approximately 100 Retravision Southern members, this means that either the figures being spoken about by the two CEOs are inaccurate or members are making enquiries to join both.