Retravision reveals new network: 241 stores gone in less than a year
After a tumultuous year, a raft of store closures and a move to the Narta buying group, Retravision now has a confirmed network of 24 stores. Largely based in WA, Retravision's presence is roughly one tenth what it was one year ago.
Tue 09/04/2013 12:00:00 / Read More »Retravision Northern's negotiation failure with insurers fast-tracked demise
The failures of Retravision Northern and Western to negotiate a slow transition from central accounting to direct accounting hastened the demise of individual members, internal company documents show.
Fri 15/03/2013 12:00:00 / Read More »Retravision Northern to vote on company closure and book destruction
Retravision Northern members will meet on 14 March 2013 to decide whether liquidators from PricewaterhouseCoopers should be appointed to wind down the company and to vote on the destruction of the company's books.
Tue 26/02/2013 12:00:00 / Read More »Retravision Northern annual report reveals profit collapse and credit risks
The most recent publicly available annual report for Retravision Northern reveals the first stages of its slide into non-existence. An enormous decline in net profit and the growing threat of bad debts are prominent.
Mon 19/11/2012 12:00:00 / Read More »Retravision Northern members to lobby for vote on sale at AGM
Retravision Northern members and interested parties will meet on Friday 30 November 2012 for their annual general meeting at Allan Border Field in Brisbane.
Fri 16/11/2012 12:00:00 / Read More »Retravision CEO tells retailers: "We want an orderly transition"
Retravision CEO Paul Holt says he is seeking an "orderly transition" for the 180 stores to new buying groups following the decision to wind down the existing business and transfer the brand to Narta by April 2013.
Tue 13/11/2012 12:00:00 / Read More »Retravision to wind up national business, brand to be acquired by Narta
Current.com.au has obtained a letter written to Retravision store owners by CEO Paul Holt, confirming that Retravision is set to wind up its operations and that the brand will be acquired by Narta.
Wed 07/11/2012 12:00:00 / Read More »Retravision completes sale of legacy Northern building
Retravision Australia has sold the old Retravision Northern building, as per the company's long term plans.
Fri 14/09/2012 12:00:00 / Read More »Winning Group purchases Retravision store, showroom conversion imminent
The Winning Group has today joined Harvey Norman, Bi-Rite Electrical and Betta Home Living as Retravision cherrypickers, purchasing the Ron Handley Retravision at Indooroopilly.
Tue 04/09/2012 12:00:00 / Read More »Retravision WA seeks assistance from ANZ and PwC
Retravision WA chairman, John Groppoli has outlined the strategic review of the company's business model currently underway with PwC and the retail head office's bank, ANZ, while the business transfers from central to direct accounting.
Tue 12/06/2012 12:00:00 / Read More »Retravision takes swipe at 'credit risk' members tapping Betta group
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 internal email seen by Current.com.au.
Fri 01/06/2012 12:00:00 / Read More »Retravision WA uses Eagles star to reassure Western consumers
On the same day that Retravision Northern used the company's website to reassure Queensland consumers, the WA company took out full page ads in the West's only major metro daily to communicate the same message.
Thu 31/05/2012 12:00:00 / Read More »Retravision Northern reassures consumers that it's 'here to stay'
The Rockies may crumble and Gibraltar may tumble, but Retravision is "here to stay" - the company is using its website to reassure customers about the strengths of the Retravision brand and it's long history.
Wed 30/05/2012 12:00:00 / Read More »Retravision outlines functions and benefits of decentralised billing
Retravision's head office in Perth will still handle a number of important company functions after the group moves to decentralised billing, according to the CEOs, who also outlined the benefits for members and suppliers.
Wed 30/05/2012 12:00:00 / Read More »Insurance drain forces Retravision to move to individual store accounting
In a major change to its business model, Retravision WA and Retravision Northern will soon move from central billing to individual store accounts. This comes after serious restrictions were placed on the groups by insurance companies.
Wed 30/05/2012 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 »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 »Retravision WA and Northern refuse to accept in-debt Southern applications
Only Retravision Southern stores with a record of paying in full and on time to the head office have been allowed to apply for migration to Retravision WA or Northern, internal documents reveal.
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 »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 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 »The future of Retravision: Full interview with national chairman Ian Ray
Although the unification of Retravision will result in some job losses, the new national chairman of the company has told Current that it is "the most positive thing that has happened to Retravision for years".
Fri 03/02/2012 12:00:00 / Read More »Dates and locations set for Retravision 'Unification' Dealer Briefings
New Retravision Australia CEO Paul Holt has set the dates for a national Dealer Briefing tour, which will take in all the major cities in Australia during late February.
Thu 02/02/2012 12:00:00 / Read More »Retravision Confidential: Private email reveals Perth base, "many" job losses
The CEO of Retravision, Paul Holt, has confirmed the newly-merged company will be run from Perth, and that due to the "removal of process duplications", the company will be forced to make "many" of its existing employees redundant.
Thu 02/02/2012 12:00:00 / Read More »Retravision merger "exciting" for suppliers & consumers: new chairman
In a move described as a long time coming, the chairman of Retravision said the recent merger would streamline operations and bring savings to members, suppliers and customers alike.
Wed 11/01/2012 12:00:00 / Read More »Unification of Retravision "crucial" to survival: new CEO
Following the merger of Retravision's three Australian branches, the newly-appointed national CEO is talking up the move, saying there's plenty the company can do to 'become much better and stronger partners for our suppliers'.
Fri 23/12/2011 12:00:00 / Read More »BREAKING NEWS: Retravision Southern, Northern & Western merger confirmed
Following meetings between branch representatives yesterday, Retravision Southern, Northern and Western have merged to form a national supergroup in an effort to unify the retail brand.
Fri 23/12/2011 12:00:00 / Read More »Retravision Southern and Northern in discussions to form East Coast supergroup
Retravision Southern and Retravision Northern are currently in advanced discussions to form an East Coast super group capable of rivalling the more organised groups on the Eastern Seaboard. Retravision WA is not involved in these talks.
Fri 02/12/2011 12:00:00 / Read More »
