Betta's newest retailer brings history and a unique proposition
In just a few weeks, Betta Stores Retail will have its newest store ready to trade under the Betta shingle, after a long history with Retravision.
Wed 15/05/2013 12:00:00 / Read More »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 »Reshuffle at GAF Control with new MD and national sales manager
Following the resignation of former general manager Nicholas Fry, GAF Control has undertaken a small reshuffle at its Melbourne head office.
Wed 06/02/2013 12:00:00 / Read More »Leading Edge looks to experienced heads for Retravision transition team
The Leading Edge Group has begun assembling the team that will manage the transition of former Retravision members into the new Appliances division of the diversified buying group.
Mon 04/02/2013 12:00:00 / Read More »Taylor's Electrical closes after eight decades in the trade
The owners of Taylor's Betta Home Living, known for years as Taylor's Electrical, in Cessnock, NSW, have announced they will shut up shop next month, closing the book on a retail enterprise that began 85 years ago.
Thu 24/01/2013 12:00:00 / Read More »Retravision Southern counts the cost of failing business
Forget the money owed to banks, customers, suppliers and other creditors, the biggest financial fallout from going into administration seems to be the cost of hiring liquidators.
Mon 26/11/2012 12:00:00 / Read More »Retravision Southern still caught in messy aftermath of collapse
Even as the Retravision brand is set to be sold off, liquidators for Retravision Southern are still trying to balance the books after its collapse, with stores still owing money, unsecured creditors yet to be paid and suppliers trying to claim stock.
Mon 26/11/2012 12:00:00 / Read More »Bi-Rite offering Retravision stores central accounting
Privately-owned Brisbane-based electrical retailer and Narta member, Bi-Rite Electrical, is continuing to offer Retravision stores central accounting after recently growing to 102 stores nationally.
Tue 20/11/2012 12:00:00 / Read More »Click Frenzy is a good idea but Australia needs our own Black Friday
There's a new push to increase online sales and it's being supported, perversely, by several traditional retailers. Instead of copying America's Cyber Monday, these stores should be cloning the Black Friday sales.
Tue 13/11/2012 12:00:00 / Read More »Betta could grow to 200 stores with Retravision additions
The chief executive officer of Betta Home Living, Graeme Cunningham, has predicted that his group could grow to 200 stores as several Retravision stores seek a new retail brand.
Fri 09/11/2012 12:00:00 / Read More »TEAC owners attribute 58% profit slump to Retravision administration
Audio visual brand TEAC's owner TTA Holdings Limited has today reported a 15.2 per cent decline in revenue and a 58 per cent drop in net profit for the 6 months to 30 September 2012. Retravision was singled out as a contributing factor.
Thu 08/11/2012 12:00:00 / Read More »UPDATED: Retravision concedes brand is unworkable in the East (infographic)
The collapses of Retravision's Southern and New South Wales buying groups over the last decade have taken an insurmountable toll on the brand name across the Eastern Seaboard, CEO Paul Holt has conceded.
Wed 07/11/2012 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 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 »Foundation Retravision member to close business after almost 70 years
Peter Anderson, one of the first Retravision members to speak publicly about the financial woes facing Retravision Southern in the lead-up to its collapse, will be closing his Anderson's Electrical Service business this Saturday.
Tue 25/09/2012 12:00:00 / Read More »September Appliance Retailer magazine the biggest and best read
Where did all those Retravision Southern stores end up? Should there be MEPS on cooking appliances? How do you sell $20,000 appliance installations? What's going on this Christmas? All the answers are in one place...
Wed 12/09/2012 12:00:00 / Read More »Winning Group expansion is about opportunities, not aggression
Despite completing the purchase of two Retravision businesses in the space of seven days, The Winning Group has denied it is aggressively expanding; instead saying it is just being opportunistic.
Wed 05/09/2012 12:00:00 / Read More »Harvey Norman has investment potential despite loss-making stores increasing
The publicly listed Harvey Norman Holdings Limited has a "solid investment case" despite the year-on-year decline in net profits announced last week, according to RBS analyst Daniel Broeren.
Tue 04/09/2012 12:00:00 / Read More »GAF goes back to Retravision Southern to find new national sales manager
Two months after joining as general manager, Nick Fry has appointed former Retravision colleague Craig Gabb to oversee the sales of the Heller, Tiffany, Pye and Sunair brands.
Mon 03/09/2012 12:00:00 / Read More »Collapsed retailers the cause and remedy of Gerry Harvey's woes
The closing down sales conducted by the receivers of collapsed retailers have created unprecedented price erosion, leading to a 31.6 per cent decline in Harvey Norman profit. There's optimism, however, as fewer retailers means less competition.
Fri 31/08/2012 12:00:00 / Read More »Yamaha talks specialist market, Apple docks, AV sales and retail woes
As Yamaha prepares to launch its new range at IFA in Germany, we spoke to Australian product manager Justin d'Offay about the AV market, the role of specialist dealers, Apple's influence and much more.
Wed 29/08/2012 12:00:00 / Read More »Winning Group moves into commercial with McKnights acquisition
The Winning Group has today significantly expanded its presence in the commercial appliance market with the purchase of the McKnights Corporate business. Peter McKnight will join the Winning Group as an employee.
Tue 28/08/2012 12:00:00 / Read More »Retravision CEO "disappointed" by defections, will fight for remaining stores
Following the collapse of Retravision Southern, the CEO of the new Retravision Australia group has spoken to Current about his disappointment over store defections and his thoughts on the company's future in the industry.
Mon 20/08/2012 12:00:00 / Read More »Former Retravision stores to boost Betta's marketing power
Following the collapse of Retravision Southern earlier this year, more than 30 former RVS stores defected to Betta Stores Retail. With a newly expanded group, BSR's CEO says the company has had a real win.
Fri 17/08/2012 12:00:00 / Read More »Rebranding "well underway" across Betta's store network
As well as integrating stores from Retravision Southern into the Betta Stores Retail group in recent months, the CEO of BSR says the company is being kept busy with its rebranding project, which has been rolled out across one third of stores.
Tue 07/08/2012 12:00:00 / Read More »Betta could hit 200 stores with 50 from Retravision
The CEO of Betta Stores Retail has confirmed he is in discussions with 10 east coast Retravision stores interested in moving to the group, and that BSR "could finish at 200 stores" following the collapse of Retravision Southern.
Tue 07/08/2012 12:00:00 / Read More »Fancy an Electrolux cooktop for $9? Retravision's fire sale begins
Retravision's post-administration fire sale has started, with cooktops, rangehoods and ovens from well-known brands starting at $9. Those looking to spend big bucks can pick up an F&P induction cooktop for $39...presumably not for long.
Fri 03/08/2012 12:00:00 / Read More »Retravision reveals Southern store destinations and new turnover estimate
Retravision Australia CEO Paul Holt has revealed how many stores went where after the Southern collapse. Furthermore, he has offered an approximation as to the strength of the new national buying organisation.
Fri 03/08/2012 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 now in liquidation: how many stores remain?
After going into administration in May, a meeting of suppliers has voted to place Retravision Southern into liquidation. Current.com.au spoke to the liquidator about the number of stores that have left the group and the number that remain.
Mon 30/07/2012 12:00:00 / Read More »GAF Control's new GM focused on restoring relationships with new products
After the MD of GAF Control was forced to defend the company from damaging rumours and the brand's products were de-ranged from Harvey Norman, the company's new GM has spoken about the company's expectations for 2012.
Wed 25/07/2012 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 »Timeline of Retravision Southern collapse reveals reasons for failure
Record low sales, a huge spike in short payments from member stores, cash flow issues and a failed proposal from a mystery third-party investor. Documents from Retravision Southern administrators reveal the timeline of a collapse.
Thu 19/07/2012 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 »Former Retravision buyer joins GAF Control as new General Manager
GAF Control has appointed a former Retravision Southern employee as its new general manager. GAF Control currently distributes the Heller, Tiffany, Sunair and Pye brands of small and seasonal appliances.
Mon 09/07/2012 12:00:00 / Read More »Bumper July issue of Appliance Retailer packed with insights and exclusives
The July 2012 issue of Appliance Retailer magazine is now available - and it's packed with great features and stories.
Wed 04/07/2012 12:00:00 / Read More »Betta CEO confirms more Retravision Southern stores are joining
The CEO of Betta Stores Retail, the franchisor of the Betta Home Living and Chandlers retail brands, Graeme Cunningham, has confirmed more Retravision stores are about to join his group.
Fri 22/06/2012 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 »Retravision Southern administrator rejects claims it is 'strangling' members
Retravision Southern administrator KordaMentha has refuted claims it is "strangling" members wishing to leave the collapse co-operating to join other groups, saying it is happy for stores to defect, providing they clear any debts.
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 »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 »Former face of Retravision Southern looks to Betta pastures
One of Retravision Southern's highest profile store owners and a significant player in the restructure of the national business has told Current.com.au that he is considering defecting to Betta.
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 »Betta CEO holds 'low key' meeting with Retravision Southern members
A number of Retravision Southern members met with Graeme Cunningham, CEO of BSR Australia, yesterday to discuss switching retail groups in the wake of Southern's voluntary administration.
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 »'Half of Retravision has approached us' - Betta CEO
The CEO of Betta Stores Retail has spoken exclusively to Current.com.au about the demise of Retravision, saying that Betta has been contacted by numerous proprietors looking to defect from Retravision and join the BSR group.
Tue 29/05/2012 12:00:00 / Read More »The silent departed: Retravision loses 18 stores in less than 6 months
Following an investigation into Retravision's Australia-wide store network, Current.com.au can reveal that the embattled retailer has seen 10 stores close down and 8 stores defect to other buying groups in less than 6 months.
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 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 »UPDATED: Retravision's last six months in seven major stories
Catch up on what Retravision has been up to nationally with this complilation of stories from the last six months. We cover everything from the departure of a CEO, to the announcement of the unification and today's crisis talks.
Fri 18/05/2012 12:00:00 / Read More »'We're all struggling' claims Retravision member on way to crisis meeting
"We're in a recession" - that's the message from Peter Anderson, proprietor of Andersons Electrical, a member of the Retravision Southern group in rural Victoria.
Fri 18/05/2012 12:00:00 / Read More »Retravision Southern guarantees staff entitlements
Retravision Southern today held a staff meeting to guarantee entitlements to employees should the company fall into administration or receivership.
Thu 17/05/2012 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 »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 pays tribute to departing CEO, praises new store formats
In an interview with Current.com.au, Retravision Southern talks about departing CEO Tim Cockayne, the pressures on the retail industry and the new logo and store livery.
Tue 06/12/2011 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 »Tim Cockayne resigns from Retravision Southern CEO post
Tim Cockayne today resigned as CEO of Retravision Southern, concluding his 3.5 year stint at the helm of the group.
Wed 30/11/2011 12:00:00 / Read More »Retravision to introduce online selling, new commercial division created
Retravision will begin selling through its website in early 2012, with Southern CEO Tim Cockayne saying the brand is transforming itself to attract new customers. Also, a new commercial division has been created.
Tue 15/11/2011 12:00:00 / Read More »Retravision Southern confirms sale of the third McKnights store
Retravision Southern's CEO, Tim Cockayne, today confirmed the sale of the company's Ringwood store, the third of five former McKnights Retravision outlets that were originally acquired by Retravision Southern in March 2007 to prevent the shop fronts from
Fri 05/09/2008 12:00:00 / Read More »Retravision Southern appoints new board members
Retravision Southern has appointed two new board members including former Victorian finance minister, Ian Smith, and experienced senior executive and chartered accountant, Terry O'Dwyer.
Tue 19/02/2008 12:00:00 / Read More »
