Feeds

Action doubles online business to £50m

Shows off new CEO

  • alert
  • submit to reddit

5 things you didn’t know about cloud backup

Action Computer Supplies saw online sales orders double over the last year.

The UK reseller, which is anxious to shed its image as a mail order IT outfit, said orders through its B2B site action.com reached £50 million for the year ended August 31, with a run-rate approaching £70 million.

Action re-launched its site last November following the collapse of buyout talks with US giant Insight Enterprises.

The company also announced three Internet ventures today, including a scheme to set up "buy-side" Websites to help customers control their e-commerce, and an affiliate marketing programme. It also appointed Massachusets company Be Free third party to audit sales and pay affiliates' commission.

Other announcements from the Middlesex-based company involved the naming of its new CEO - David Palk. Palk is quitting ICL after 22 years, where he was group executive director and MD of ICL's £800 million Operational Services Division. He was also responsible for ICL's business in France, Germany, Austria, Switzerland and Italy, as well as its defence business.

He takes over from George LaPlante, who is returning to the US. Action had been looking for a CEO for at least three months - in June it announced LaPlante was leaving, whilst warning investors to expect losses of £6 million for the year ended August 31. Disappointing sales at the start of the year were blamed, along with costs "relating to the remodelling of the business, and continued investment in the Internet".

"David's immediate challenge is to complete Action's transition to a web-centric business, positioning Action as one of the leading players in the B2B supply chain," said Henry Lewis, Action chairman.

"Further out, we look forward to benefiting from David's experience in developing supply solutions within Europe." ®

Related Stories

Action warns of £6m loss
Actin steals finance director from MFI
Action to ditch paper for Net
Insight walks away from Insight takeover

5 things you didn’t know about cloud backup

More from The Register

next story
BBC: We're going to slip CODING into kids' TV
Pureed-carrot-in-ice cream C++ surprise
6 Obvious Reasons Why Facebook Will Ban This Article (Thank God)
Clampdown on clickbait ... and El Reg is OK with this
Twitter: La la la, we have not heard of any NUDE JLaw, Upton SELFIES
If there are any on our site it is not our fault as we are not a PUBLISHER
Facebook, Google and Instagram 'worse than drugs' says Miley Cyrus
Italian boffins agree with popette's theory that haters are the real wrecking balls
Sit tight, fanbois. Apple's '$400' wearable release slips into early 2015
Sources: time to put in plenty of clock-watching for' iWatch
Facebook to let stalkers unearth buried posts with mobe search
Prepare to HAUNT your pal's back catalogue
Ex-IBM CEO John Akers dies at 79
An era disrupted by the advent of the PC
prev story

Whitepapers

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.
Endpoint data privacy in the cloud is easier than you think
Innovations in encryption and storage resolve issues of data privacy and key requirements for companies to look for in a solution.
Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?