Articles about Misco

Red-soaked Systemax kills Euro jobs and US PC factory

US giant Systemax is shuttering its PC factory and axing the CompUSA and Circuit City brands. The reseller, which also runs Misco.co.uk, signalled it will cut its workforce in Europe after ploughing into the red in Q3 2012. The New York-listed biz delayed reporting its latest financial results on Monday as Hurricane Sandy …
Paul Kunert, 02 Nov 2012
Pim Dale, Systemax EMEA CEO

Systemax CEO: We want to be Number One in five years

Systemax EMEA CEO Pim Dale is plotting an expansion strategy to become the largest reseller in the region within five years. Industry vet Dale, former EMEA veep and GM at one-time direct selling purist Dell crossed into the channel for the first time in January when he pitched up at Systemax. He reckons its the "age of the …
Paul Kunert, 03 Jul 2012
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New £4bn UK.gov IT shopping centre slips launch deadline

Exclusive Bosses have been told whether or not their businesses have provisionally made it onto a new list of approved IT suppliers for Blighty's public sector - and resellers feature heavily. The three-year IT Hardware and Services (ITH&S) framework offers £4bn in work and sales, and will - after delays - eventually replace ESPO Contract …
Paul Kunert, 06 Jun 2012
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Systemax profits tumble as US punters keep wallets closed

Systemax CEO Richard Leeds said he's disappointed by calendar Q1 numbers as profits fell by almost 50 per cent due to flagging US consumer electronics sales. The group - which operates the Misco and WStore brands in Europe, and Tiger Direct, Circuit City and CompUSA stateside - saw turnover slide one per cent year-on-year to $ …
Paul Kunert, 02 May 2012
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Samsung sales-floor rejig leads to layoffs in B2B push

Samsung has crowned Graham Long as the UK veep of corporate and IT sales following a restructure of the division to help its push into B2B. The Korean giant asked its internal sales team to reapply for their jobs, after "aligning the roles" to seven vertical markets. Whereas previously the sales force pushed either mobile PC, …
Paul Kunert, 11 Apr 2012
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Systemax suffers sales shrinkage in Q4

Systemax's sales growth engine ran out of steam in calendar Q4 with a resurgent B2B division unable to offset double digit declines in consumer operations. The US parent of the WStore and Misco reseller brands filed numbers late last night with revenues dipping 3 per cent to $978m (£613.6m), but operating profit edged up 3.7 per …
Paul Kunert, 29 Feb 2012
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Welsh gov splashes its cash on 10 lucky resellers

Ten resellers have won a place on the Welsh Assembly Government's (WAG) two-year framework for PCs and peripherals. Following a tender for the IT Equipment and Associated Services agreement, Computacenter, Computerworld Wales, Kelway, Misco, Gaia Technologies, Viglen, Stone Computers, Softcat, XMA Computer Products and Desk Top …
Paul Kunert, 03 Nov 2011
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Systemax blows £250k on ex-CEO legal probe bills

Rising biz sales fuelled Systemax's third quarter even though the consumer spending freeze showed no signs of thawing. The parent of the Tiger Direct, CompUSA, Misco and WStore recorded a 4 per cent rise in turnover for the period ended 30 September, raking in $901m (£562.5m). The firm's operating income climbed 58 per cent to $ …
Paul Kunert, 02 Nov 2011
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Systemax fills hole left by shamed US boss

Systemax has hired former Best Buy exec David Sprosty as the CEO of its Technology Products division in North America, finally filling the role that was vacated by shamed exec Gilbert Fiorentino earlier in the year. The responsibilities were assumed on a short-term basis by Systemax vice-chairman Robert Leeds after long-serving …
Paul Kunert, 04 Oct 2011
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Seven lessons from the HP Touchpad fire sale

The unfolding saga surrounding the HP Touchpad contains a goldmine of salutary tales. So, just what can we learn from the last few days? Anyone who says they expected the fire sale of HP touchpads to turn into a global gadget grab is a liar. Fortunately nobody has yet, not publicly anyway – indeed, apart from a few bits of …
Jon Collins, 29 Aug 2011
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Misco reaps harvest of rage in Twitter Touchpad debacle

Misco has earned the wrath of the Twitterati after it screwed up an HP Touchpad offer. The unloved fondleslab clones became the hottest gadget since the iPhone 7 almost as soon as HP said it was ditching the devices. Since the announcement, and subsequent massive price cuts, everyone and their dog wants a Touchpad. There's …
John Oates, 24 Aug 2011
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Systemax sales grow and profits too

Systemax's investigation into whistleblower allegations against former exec Gilbert Fiorentino added $7m to its Q2 pre-tax profits but the consumer slowdown dented sales growth. The parent of US retailers Tiger Direct and CompUSA and reselllers Misco and WStore in Europe, has reported profits of $15.5m, up 64 per cent on the …
Paul Kunert, 04 Aug 2011
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SEC investigates disgraced Systemax exec

The SEC has launched an investigation into the reasons behind the departure of shamed Systemax exec Gilbert Fiorentino, the company has confirmed. CEO of the technology product group, Fiorentino was suspended from the US reseller - parent of Misco and WStore - in April after an independent probe into whistleblower allegations …
Paul Kunert, 28 Jun 2011
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Becta agrees £400m ICT framework

More than 20 suppliers have been included in a services framework agreement set up by the soon to be abolished education ICT agency. Becta has divided the framework into two lots. The first covers network technologies, which will incorporate infrastructure services and mobile connectivity services, and the second covers ICT …
Kable, 30 Nov 2010
The Register breaking news

ViewSonic tempts tablet triers with cash-for-kit deal

ViewSonic is offering up to £125 off the price of its ViewPad tablets to anyone who'll swap their netbook for a fondle slab. The deal isn't quite as straightforward as that, alas. You'll have to buy your ViewPad first - either the 7in or 10in model - and then apply for the rebate online. You have 30 days to claim, and you must …
Tony Smith, 18 Nov 2010
Viewsonic ViewBook 130

Viewsonic ViewBook 130 ultra-slim laptop

Review The slimline design and silvery-grey finish of Viewsonic’s ViewBook will prompt inevitable comparisons with Apple’s MacBook Air - reviewed here. The ViewBook is only about half the price, though, so Viewsonic is obviously hoping to attract people that can’t manage the MacBook Air’s hefty price-tag. Viewsonic Viewbook 130 …
Cliff Joseph, 23 Apr 2010
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Buying Solutions signs £6bn framework deal

The Treasury agency Buying Solutions has said that a pan-government framework arrangement with 20 suppliers could be worth £6bn. The deal, announced on 25 March 2010, will deliver desktop hardware, IT hardware infrastructure, software and associated services to Whitehall departments, their agencies, local authorities and the NHS …
Kable, 29 Mar 2010
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Small biz reseller swallowed by Systemax

Systemax - the company behind CompUSA and the owner of Circuit City's ecommerce business - is buying WStore Europe. WStore specialises in supplying small and medium businesses and the public sector, and operates in France as Inmac, WStore SAS and I-Com Software. Systemax trades using the Misco brand in Europe. Richard Leeds …
John Oates, 04 Aug 2009
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Fujitsu chases SMBs with entry tower

Fujitsu announced a new entry-level server on Wednesday that aims to tighten the company's grip on that chunk of the market in Europe. While US-based server makers HP and Dell talk about their prowess selling small x64 boxes to small and medium businesses, they mumble a bit and look at their shoes when you talk about Europe, …
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Hannspree's 'mini notebook' goes on sale

The first netbook offering from firm Hannspree is finally available to buy in Blighty. Hannspree_hannsnote_02 Hannspree's wee netbook - the Hannsnote Called Hannsnote, the £260 ($412/€298) PC weighs in at 1.2kg, has a 10in display, measures less than a piece of A4 paper and yet still boasts a "full size" keyboard. It looks …
James Sherwood, 08 Jun 2009
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Systemax Q2 revs jump 17%

Systemax shrugged off the credit crunch in Q2, with sales jumping 17 per cent to $758m for the three months ended June 30. The direct marketing IT reseller and PC builder, noted stronger demand in North America and Europe in the quarter and it held gross margins steady at 15.3 per cent. However, net income fell 1.6 per cent year …
Team Register, 08 Aug 2008
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Systemax saves CompUSA from knacker's yard

Systemax is buying the CompUSA brand name, its ecommerce operations and up to 16 stores in the great CompUSA close-out sale. The big US computer reseller hails CompUSA as a "strong complementary" business to its own retail TigerDirect brand and is paying up to $30m for its new baby, depending on how many stores it actually buys …
Drew Cullen, 06 Jan 2008
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Europe helps boost Systemax Q3

Systemax said strong growth in both Europe and North America helped lift sales in its third quarter. The PC and components vendor said sales climbed 20 per cent on the year to $687.3m in the quarter ending 30 September, while net profits jumped 41 per cent to $17.6m. The company said North America technology group sales grew 20 …
Joe Fay, 08 Nov 2007
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Systemax readies books

Systemax, Simply Computer's saviour, will have restated accounts ready by the end of the month after problems at its UK arm forced it to review seven quarters worth of results. Steven Goldschein, chief finance officer at New York-based Systemax, told El Reg: "We are on track to have figures ready by March 30, we're making good …
John Oates, 16 Mar 2005
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Simply Computers changes name

Simply Computers, hit by huge redundancies last week, is rebranding as "Misco Consumer". Simply customers are unaffected by the name change. with warranties honoured, as before. A spokeswoman for Misco told El Reg: "Misco is well known in the business market and the Simply name will be gradually phased out over the next few …
John Oates, 02 Feb 2005
The Register breaking news

Simply Computers suffers big redundancies

Up to 105 workers at Simply Computers are losing their jobs thanks to reorganisation by parent company Systemax. The company is closing down its manufacturing plant in Greenock and will in future get machines from its parent company, Systemax in the US. From the end of this month Simply Computers sales, marketing, customer …
John Oates, 24 Jan 2005
The Register breaking news

Misco pulls plug on Scotland

Fifty jobs have been lost in Greenock following the closure of the Scottish sales office of Misco. Staff at the reseller were told late Wednesday afternoon of the closure. Misco, which is part of Systemax Europe Ltd, will instead consolidate its sales operation in two locations in Northampton and London. A 70,000 square foot …
Tim Richardson, 09 Jan 2004
The Register breaking news

Winners named in £300m Laptops for Teachers gig

The British Educational Communications and Technology Agency (Becta) has named 28 new suppliers for its Laptops for Teachers scheme. This is simply the first hurdle: the dealers and system builders have sailed through value for money, build quality, battery life and financial solvency tests to join 10 incumbent suppliers. Now …
Drew Cullen, 17 Jun 2003
The Register breaking news

Systemax completes UK restructuring…

Systemax, the IT mail-order reseller formerly known as Globaldirect, has completed the announcements for its UK consolidation, Les Biggs VP of Europe told us. The changes which should be completed in September will see Systemax's seven UK sites cut to three: Wellingborough, Greenock and Walthamstow. Forty stores staff are …
Drew Cullen, 24 May 2002
The Register breaking news

Systemax UK reins in Misco ops

Systemax UK is closing the Wellingborough, Northants warehouse of its Misco reseller sub, transferring all logistics, except for Systemax-branded PCs, to its main warehouse Globaldirect Greenock, Scotland. Too small for its needs, it says. At the same time, the company is transferring the Uxbridge sales operations of …
Drew Cullen, 21 May 2002
The Register breaking news

Job losses at Simply Computers

Systemax is restructuring its Simply Computers division, shutting down its warehouse ops in Walthamstow and focusing all logistics at Greenock. There's around 40 job losses. Last month, the company outsourced Simply's PC building business to UK Configuration Centre (UKCC)of Bishops Stortford. Both moves follow a strategic …
Drew Cullen, 14 May 2002
The Register breaking news

New Palm ‘imminent’ – next week, in fact

Updated Palm is set to announce a new handheld, a more powerful version of its entry-level m100 model, destined to replace the IIIxe. And we've just heard from Register readers that UK computer supplier Misco has the new machine in its latest catalogue. We haven't seen it ourselves, but the catalogue apparently claims the device will …
Lucy Sherriff, 28 Feb 2001
The Register breaking news

Simply falls into Global Direct Mail's arms

Analysis This article was first published in February 1999 In 1997, Simply Computers declared its intention of reaching an annual sales target of £130 million by June 1999, an ambitious aim considering the reseller was selling £70 million a year at the time. The east London PC builder also expressed an interest in floating on the stock …
Drew Cullen, 28 Aug 1999
The Register breaking news

US mail order dealer snaps up Simply

It's official -- London-based reseller Simply Computers today ended months of speculation by announcing its sale to Global DirectMail. In an e-mail sent out to suppliers Paul Berry, Simply Computers' MD, said he had sold all the company's shares to the US giant. Today's move makes Simply a wholly owned subsidiary of the …
Linda Harrison, 04 Feb 1999