Feeds

3i drums beat for Jungle Online

Clicks and Mortar department store

  • alert
  • submit to reddit

The essential guide to IT transformation

3i is shelling out £10 million for a 20 per cent stake in new web retailer Jungle Online. Opening its virtual doors for business on August 18, Jungle Online is the latest wheeze of Steve Bennett, serial entrepreneur and boss of Software Warehouse, one of the UK’s most successful IT retailers/mail-order operations. Jungle Online will be more than a IT retailer – the operation is likened a department store selling everything from consumer electronics to wine and music. Everything will be transacted over the web, including post-sales service. But the company will be an example of what ecommerce gurus are now calling clicks and mortar operations. With Software Warehouse’s backing, Jungle Online will have the distribution infrastructure in place from day one. We found out about the new business last month, after picking up on gossip in the direct channel. Bennett, who we like, gave us some info about his web retailing plans, but asked us to lay off publication, until launch date. And for once, we agreed. Deal's now off -- the story -- sans financing details -- appeared on PC Dealer today, courtesy of "a source close to Bennett". ® Daily Net finance news from The Register

5 things you didn’t know about cloud backup

More from The Register

next story
6 Obvious Reasons Why Facebook Will Ban This Article (Thank God)
Clampdown on clickbait ... and El Reg is OK with this
Mozilla's 'Tiles' ads debut in new Firefox nightlies
You can try turning them off and on again
No, thank you. I will not code for the Caliphate
Some assignments, even the Bongster decline must
Banking apps: Handy, can grab all your money... and RIDDLED with coding flaws
Yep, that one place you'd hoped you wouldn't find 'em
TROLL SLAYER Google grabs $1.3 MEEELLION in patent counter-suit
Chocolate Factory hits back at firm for suing customers
Primetime precrime? Minority Report TV series 'being developed'
I have to know. I have to find out what happened to my life
Ex-IBM CEO John Akers dies at 79
An era disrupted by the advent of the PC
prev story

Whitepapers

Top 10 endpoint backup mistakes
Avoid the ten endpoint backup mistakes to ensure that your critical corporate data is protected and end user productivity is improved.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Backing up distributed data
Eliminating the redundant use of bandwidth and storage capacity and application consolidation in the modern data center.
The essential guide to IT transformation
ServiceNow discusses three IT transformations that can help CIOs automate IT services to transform IT and the enterprise
Next gen security for virtualised datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.