Retravision’s 10 Large Format Stores generate $138 million

By James Wells

ALICE SPRINGS: Several stores who participated in the Large Format Stores pilot program within the Retravision Western group enjoyed turnover growth in excess of 20 per cent in the nine months to 31 March, including Retravision at Osborne Park that grew by 62 per cent.

The program was conducted by 10 Retravision-branded stores – nine in Western Australia and one in South Australia which collectively turnover $138 million.

“If you compare these stores they are toe-to-toe with the electrical departments of a Harvey Norman store in terms of ranging and layout,” said Retravision Western marketing manager, Craig Larkin.

The 10 stores were – Albany ($8 million turnover), Croydon in Adelaide ($8 million turnover), Midland ($9 million), Mandurah ($11 million), Osborne Park ($12 million). Rockingham ($12 million), Bunbury ($12 million), Oconnor ($16 million), Joondalup ($22 million) and Malaga ($28 million).

Of these stores, several obtained growth in excess of 20 per cent from the program – Osborne Park grew by 62 per cent, Oconnor by 52 per cent, Malaga by 43 per cent, Albany by 37 per cent, Joondalup by 27 per cent, Rockingham by 24 per cent and Bunbury by 22 per cent.

“The Western Australian market is flying. We are very very lucky we are in a fortunate market driven by minerals and resources. Our business is up 24 per cent year on year, while the market is up 15 per cent.

The LFS pilot program delivered substantial growth to several suppliers to the Retravision group, with eight growing by 27 per cent or more.

Panasonic grew sales over the period by 127 per cent, Sony grew sales by 115 per cent, Acer grew sales by 81 per cent, Fujitsu grew sales by 65 per cent, Sunbeam grew sales by 48 per cent, Samsung grew sales by 42 per cent, Electrolux Home Products grew sales by 27 per cent and Housewares International – the owner of te Breville and Kambrook brands and the distributor of Philips small appliances and personal care products, also grew by 27 per cent.

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