By Craig Zammit
SYDNEY: R & J Discounts, once owner of three Retravision stores, has this week had that number reduced to just one after the closure of Maroubra Retravision last month and the subsequent closure of Matraville Retravision yesterday.
Matraville Retravision, located at 510 Bunnerong Road, Matraville, New South Wales, was the scene of the tragic murder of then proprietor Jim Rawas after a bungled armed robbery on Christmas Eve 2002.
The single remaining store for R & J Discounts now becomes the Kingsford Retravision located on Gardeners Road, Kingsford, New South Wales, which remains in operation and business as usual.
The closure of Matraville Retravision adds another chapter to the recent saga for the retail buying group, which saw Paul Billingham and Trevor Pagroske being appointed as administrators as well as Westpac bank appointing Peter Yates and David Lombe of Deloitte as receivers to the business.
The news also comes on the back of an offer of up to $500,000 made by Retravision to purchase the rights to the Betta Electrical and Chandlers brands in Western Australia, South Australia and Northern Territory, following a meeting by 22 Western Australia Betta Electrical franchisees who voted overwhelmingly in favour of a proposal to join rival group Retravision WA.
No comment was available on the closure at the time of publication.