Retravision fire sale continues, good bargains and crockery to be had
After three Retravision Southern stores collapsed earlier this year, GraysOnline held a fire sale to help bring in some cash to pay off debts. There are still great bargains on offer, as well as a few items that caught UnderCurrent's eye.
Thu 11/10/2012 12:00:00 / Read More »Former Retravision Southern head office sold for $3.2 million
One of the last remnants of the former Retravision Southern business has gone under the hammer, with estate agents confirming the sale of the collapsed retailer's head office in Victoria.
Mon 08/10/2012 12:00:00 / Read More »Keith Bowden Electrical in administration after almost 50 years of business
Keith Bowden Electrical, a consumer electronics and appliance retailer and Narta member based in St Marys in South Australia, has gone into administration. This store had been trading since 1965.
Fri 28/09/2012 12:00:00 / Read More »Retravision's $9 fire sale: stock from collapsed stores goes up for sale online
Stock from three collapsed Retravision Southern stores will be up for sale on the auction website GraysOnline from this week, with all items - from phones and cameras up to fridges and ovens from well-known brands - starting at just $9.
Thu 02/08/2012 12:00:00 / Read More »Retravision Southern owed more than $30 million by member stores
Administrators have revealed that Retravision Southern is owed more than $30 million by member stores, and that days after the administration was announced, an unnamed supplier gained access to warehouses to reclaim $120,000 of stock.
Fri 20/07/2012 12:00:00 / Read More »Spotlight on Retravision Southern's books and dwindling profits
Documents obtained by Current from the administrators of Retravision Southern have outlined the grim decline in profits and earnings experienced by the retailer in the years before its collapse.
Thu 19/07/2012 12:00:00 / Read More »United Warranties collapses after weeks of instability
Following weeks of speculation surrounding the fate of troubled electrical warranties and service provider United Warranties, the company has collapsed this week.
Fri 13/07/2012 12:00:00 / Read More »Retravision Southern members must cancel rebates to be instantly released
In response to industry speculation regarding the hold Retravision Southern administrator KordaMentha has on members looking to switch groups, the company has provided us with an overview of the process.
Thu 21/06/2012 12:00:00 / Read More »First Retravision Southern to Betta defector identified
KordaMentha has granted releases to four Retravision Southern members to join rival groups, sources say. We can today identify the first store to switch to the BSR Group.
Wed 20/06/2012 12:00:00 / Read More »The final blow: GAME Australia goes into liquidation
Following news that GAME is set to shut all its Australian shopfronts, the retailer's parent company has officially gone into liquidation, meaning employees can now gain access to their entitlements through the Federal Government.
Wed 20/06/2012 12:00:00 / Read More »While WOW's Canberra store is up for sale, we still await relaunch
In addition to handling the voluntary administration of Retravision Southern, KordaMentha is also in process of advertising of WOW assets for sale.
Wed 20/06/2012 12:00:00 / Read More »End GAME: Retailer forced to close all Australian GAME stores
GAME Australia has been dealt the final blow with administrators announcing that all stores in the Australian network will be closed in the coming weeks, following the company's collapse one month ago.
Tue 19/06/2012 12:00:00 / Read More »'Sad old story' reveals the slow demise of Eastern Retravision stores
The voluntary administration of Retravision Southern grabbed all the headlines, but beneath the surface, there are stores closing regularly. We look at why this is happening.
Tue 29/05/2012 12:00:00 / Read More »Regional Australia to suffer in GAME collapse: Full list of store closures
Following an announcement late on Friday that the embattled retailer Game would be closing 60 of its shopfronts, administrators have released a full list of the stores that will be shut - largely in regional and rural Australia.
Mon 28/05/2012 12:00:00 / Read More »BREAKING: GAME will close 60 Australian stores, 281 staff to go
The administrators of GAME Australia have announced the closure of two thirds of the retailer's Australian shopfronts, with more than half of the company's total staff to be made redundant.
Fri 25/05/2012 12:00:00 / Read More »Sony and Whirlpool reopen supply lines in positive move for Retravision
Sony and Whirlpool have joined Samsung in reopening supply with Retravision WA and Retravision Northern after suspending the pair in the wake of Retravision Southern's voluntary administration, internal documents reveal.
Fri 25/05/2012 12:00:00 / Read More »Buyers in the wings as future of GAME waits to be decided
The administrators of the embattled retailer GAME Australia have confirmed they have received "various expressions of interest" from parties interested in taking over the business.
Thu 24/05/2012 12:00:00 / Read More »Retravision WA and Northern placed 'on hold' by major suppliers
The repercussions from Retravision Southern's voluntary administration are now being felt across the 'business as usual' WA and Northern groups, with several major suppliers placing the two groups on hold.
Wed 23/05/2012 12:00:00 / Read More »Retravision Northern building up for sale as unification nears completion
The Retravision Northern building is currently being sold and there is only a handful of staff left at the head office. At store level, however, things are going well and it's business as usual, according to the CEO.
Wed 23/05/2012 12:00:00 / Read More »WOW Sight & Sound to relaunch with new 'Bronze Presidential' owners
Following the collapse of WOW Sight & Sound earlier in the year, the brand name has been bought by a new company and is set to relaunch as an online-only venture in June.
Tue 22/05/2012 12:00:00 / Read More »Retravision migration plan at full speed with almost 70 transfer requests
Retravision WA and Northern has received 67 migration applications so far, with more expected over the next few days. Under this plan, stores in the Southern group, now in administration, can join one of the other two Retravisions.
Mon 21/05/2012 12:00:00 / Read More »Migrating Retravision Southern members will not be shareholders of new group
Retravision Southern members who choose to migrate to the West Australian and Northern buying groups will not be shareholders under the proposal drawn up by WA CEO Paul Holt.
Mon 21/05/2012 12:00:00 / Read More »Retravision Southern stores 'migrating' into WA and Northern, documents reveal
Retravision WA and Retravision Northern have moved swiftly to invite Retravision Southern members to move their businesses into one of the other two Retravision buying groups, internal documents reveal.
Mon 21/05/2012 12:00:00 / Read More »A history of Retravision's divisions: Who is affected by the Southern collapse?
Following news that Retravision Southern has entered into voluntary administration, Current.com.au outlines the specifics of the company's unique structure and details which stores will be affected by the collapse.
Mon 21/05/2012 12:00:00 / Read More »Retravision administration to impact 80 suppliers but not staff or consumers
Retravision Southern has followed through on its commitment to pay out employees, entitlements in the event of administration, while "around 80 suppliers" are on the list of creditors, according to administrator KordaMentha.
Mon 21/05/2012 12:00:00 / Read More »Retravision Southern placed in voluntary administration
Following on from a dramatic day last Friday, Retravision Southern has today appointed Bryan Webster and Leanne Chesser of KordaMentha as administrators.
Mon 21/05/2012 12:00:00 / Read More »Retravision Southern holding emergency meetings as suppliers go unpaid
Retravision Southern will hold emergency meetings with its members tomorrow to discuss serious cash flow deficiencies that have resulted in suppliers not being paid for stock.
Thu 17/05/2012 12:00:00 / Read More »"What a joke": Customers cry foul over GAME store credit scheme
Following GAME's collapse on Monday, many customers have felt shortchanged. Stories are emerging of customers trading in consoles, only to receive meagre vouchers which require them to spend more in-store to satisfy strict redemption rules.
Wed 16/05/2012 12:00:00 / Read More »UPDATED: The GAME fallout - Where do customers stand?
Following news yesterday that GAME has gone into voluntary administration, many consumers have been left fuming. What are your rights? Current.com.au has combed through the fine print and legalities to give you all the details on the fallout...
Tue 15/05/2012 12:00:00 / Read More »Game Australia goes into administration: 500 jobs in 92 stores at risk
Following the collapse of its UK parent company less than 2 months ago, Game Australia has filed for administration. While administrators say it is "business as usual", doubts surround the fate of the company's 500 staff.
Mon 14/05/2012 12:00:00 / Read More »Australian appliance brand Hotpoint goes into voluntary administration
Australian whitegoods and seasonal appliance supplier Hotpoint has gone into voluntary administration, following weeks of industry speculation surrounding the company's future.
Mon 16/04/2012 12:00:00 / Read More »Game Australia still gaming despite Game UK's game over
Leading video game retailer Game Australia has issued a statement essentially declaring that it is business as usual for the local chain despite the UK head office filing for administration.
Fri 23/03/2012 12:00:00 / Read More »GAME over: UK retailer files for administration, 93 Australian stores at risk
The UK parent company of Game has filed for administration, issuing a statement saying there is "no equity value left" in the company. It is unsure how the Australian subsidiary will be affected, with 93 stores facing an uncertain future.
Thu 22/03/2012 12:00:00 / Read More »BREAKING NEWS: WOW! Sight & Sound goes into receivership owing $29m
The Queensland-based electronics store WOW! Sight & Sound has gone into receivership, due to "declining sales and profitability" and $20 million of bad debt.
Mon 27/02/2012 12:00:00 / Read More »How the Kleenmaid collapse happened in five stories
It's been almost three years since Kleenmaid was placed in administration. Here are five stories to remind long-standing readers of what happened and to bring our new readers up to date.
Thu 16/02/2012 12:00:00 / Read More »Clive Peeters goes into receivership as Carter returns
The National Australia Bank has appointed PPB's Phil Carter as the receiver and manager of Clive Peeters - the same man who managed the Betta Stores receivership in 2006.
Thu 20/05/2010 12:00:00 / Read More »Kogan immediately puts the boot into Clive Peeters
Independent online retailer and noted rabblerouser, Ruslan Kogan, has wasted little time sticking the boot into Clive Peeters.
Thu 20/05/2010 12:00:00 / Read More »Sonya the Causer of Clive Peeters' administration
Industry insiders are pointing to Sonya Causer's theft of $20 million in funds as the smoking gun that forced Clive Peeters into voluntary administration.
Wed 19/05/2010 12:00:00 / Read More »'We are poised to return to profitability': Strathfield
Strathfield Group executive chairman Vaz Hovanessian, announced this morning that although 2009 was tough for the retailer, it is poised for growth in 2009.
Fri 26/02/2010 12:00:00 / Read More »
