The operators of Betta Electrical stores who are affiliated with the Narta buying has confirmed that Retravision store owners are flocking to the Queensland based retail group following the collapse of Retravision Southern.Reported exclusively by ChannelNews yesterday, the CEO of Betta Stores Retail, Graeme Cunningham, said that a “large number of Retravision dealers” had approached his group in an effort to get access to their buying power.
The Retravision retailers who approached Betta Electrical have said that they are prepared to switch to Betta Electrical branding.
Cunningham said that all stores must be “financial”.
ChannelNews has been told that one of the Retravision Buying Groups is facing a $2M+ payout after a recent court loss.
We will bring you the story soon.