By James Wells

BRISBANE: Betta Stores Limited (BSL) has commenced an internal investigation to locate the identity of a group member that has been suspected of supplying confidential information to another buying group.

BSL CEO Guy Houghton confirmed this afternoon to that the group has become aware that some pricing information and special deals have been disclosed to its retail competitors.

The BSL member has allegedly leaked this information on at least two occasions, but possibly more.

At this stage, the location of the BSL retailer, the buying group which received the leaked information and the suppliers that have notified BSL of the information leak remain unidentified.

Information obtained by suggests there is also evidence that other buying groups may be seeking to induce BSL group retailers to breach their contractual obligations to the group by encouraging the distribution of this data.

It is unclear at this stage whether the information is being used to leverage membership in the other buying group.
Retravision Australia chief executive officer, Keith Perkin and Narta managing director Kay Spencer both told today that they are not aware of any confidential information which is being distributed to their groups from any BSL members.

BSL claims it is assessing the damage from these incidents and has started seeking the appropriate professional advice.