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Articles about Wstore

Systemax goes Dutch, devours SCC Netherlands

Shape-shifting box shuffler Systemax has swallowed SCC's "sub-scale" Dutch division for an undisclosed sum. New York-listed Systemax last night confirmed the bid to the stock exchange, the most significant buy it has made in Europe - where it trades as Misco - since the acquisition of WStore some years back. "The European IT …
Paul Kunert, 02 May 2014
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WStore wants to wow public sector

Online supplier of business IT equipment WStore has said it will build-up a sales team working exclusively for the public sector. WStore was awarded Catalist IT supplier status in 2006 covering software, supplies, and office accessories. It has been steadily building sales in the public sector ever since, with an estimated …
Kelly Fiveash, 28 Mar 2007
globalisation

WStore swallows Inmac France

WStore, the online reseller, has bought Inmac France, a company almost three times its own size, for an undisclosed sum. WStore, which is headquartered in France was supported in the purchase by its existing investors. And Inmac France's previous owner, the US private equity firm The Gores Group, will have a stake in the …
Team Register, 05 Dec 2005

Systemax's Euro tentacle set to buy ailing schools supplier RM

The word sweeping through the technology channel is that big changes are afoot at education supplier RM with the parent of reseller Misco understood to be acquiring the software and services business. Sources claimed that talks between the LSE-listed RM and NYSE-listed firm Systemax, which trades in Europe as Misco and Inmac …
Paul Kunert, 29 Nov 2013
axe_channel_teaser

Euro jobs cut threat hit us like a train, say Systemax workers

Systemax staff are shellshocked in the wake of the revelation that jobs in Europe - the region leading growth across the company - are to be cut. The reseller is consolidating back-office functions into a shared services centre in Eastern Europe as well as shuttering two retail brands and closing down PC production lines …
Paul Kunert, 05 Nov 2012
warehouse interior - wide aisle, big shelves

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
channel

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
The Register breaking news

Ingram steps into WStore CHS breach

Online reseller WStore has made Ingram Micro its sole distributor in the UK. Ingram steps into the shoes of now defunct distributor CHS Electronics UK, which WStore previously used to distribute its IT products in this country. The Internet-only PC dealership said the partnership would allow it to increase its product portfolio …
Linda Harrison, 05 Jan 2000
Computer 2000

Computer 2000 hands Hayward keys to marketing kingdom

Computer 2000 has lured Stewart Hayward, former head of UK marketing at rival Ingram Micro's as GM for its marketing function. Hayward left Ingram late last month after nearly two years at Milton Keynes-based Ingram but picks up the reins today at Basingstoke-based C2000, the UK arm of Tech Data. Andy Dow, who remains as …
Paul Kunert, 03 Sep 2012
The Register breaking news

WStore profitable in early 2002

Corporate-focused e-reseller WStore says it expects to break even in the fourth quarter of this year and will enter profitability in the first quarter of 2002. The reseller's revenue jumped from £5 million last year to an anticipated £14 million this year and is expected to grow to around £20 million next year, reckons MD Tony …
James Watson, 06 Dec 2001
The Register breaking news

WStore starts price war with UK channel

Online reseller WStore is promising to pay customers double the price difference if they find goods cheaper at rival dealers. The Internet company has vowed to start a price war in the channel and match any lower offer on IT kit. "Our offer applies to all our UK competitors, whether they be online stores, High Street retailers, …
Linda Harrison, 25 Jan 2000
hands waving dollar bills in the air

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
hands waving dollar bills in the air

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
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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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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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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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
Recycle sign

SMEs still in dark over WEEE

SMEs remain wildly ignorant of new electronic equipment disposal regs, according to a leading UK IT reseller. The Waste Electrical and Electronic Equipment (WEEE) legislation passed another significant milestone this week. The deadline for kit producers to join a disposal compliance scheme was 15 March. A survey conducted by …
Lewis Page, 16 Mar 2007
For Sale sign detail

Fujitsu Siemens opens UK web store

Fujitsu Siemens has opened a UK web storefront to offer an "alternative purchasing resource for some of the many thousands of visitors to the main Fujitsu Siemens Computers corporate co.uk web site each month". But it remains wedded to its dedicated channel policy and will push all sales through resellers. The site is run by …
Drew Cullen, 23 Jun 2005
The Register breaking news

Net-only dealer sets out Euro-stall

The UK's first Internet only computer dealer opens for business next month. Called WStore, the PC dealership says it will flog PCs and assorted paraphernalia to corporates. And it says it will be cheaper than catalogue players such as Action Computer Supplies, or Micro Warehouse. It can do this because its costs are lower, sales …
Drew Cullen, 30 Jun 1999
The Register breaking news

Amazon sells Phantom Menace for 12p

Amazon.co.uk is holding an urgent internal investigation after it offered the video Star Wars: Episode 1 - The Phantom Menace for just 12p (20 cents). Including postage and packing and VAT, the sum total for the video comes to a bank-breaking £3. The Register understands that some people have ordered as many as 200 copies. A …
Tim Richardson, 27 Apr 2000
The Register breaking news

What feud? HP boss turns on media

Lazy reporting is to blame for the tepid reaction to the SirCam merger, HP boss Carly Fiorina told staff yesterday. There are no feuds, and the portrayal of the merger as new money vs old is a figment of reporters' imaginations. "Most of the media, especially here in the Bay Area, is positioning the merger with Compaq and the …
Andrew Orlowski, 16 Nov 2001
The Register breaking news

Channel Flannel Extra

Haven't got time to read this week's Computer Reseller News or MicroScope? Don't worry, we've read 'em for you. Here's our round-up of some of the channel weeklies' best stories. MicroScope Ideal Hardware is about to fall into the clutches of Ingram Micro. Sources claimed the US distributor was in talks to buy Ideal, InterX's …
Linda Harrison, 09 May 2000
The Register breaking news

AllAdvantage and Work24 go titsup.com

Dum. Dum. Dum. Another com bites the dust. Actually, since they're fading thick and fast, we've had to put two here so we can fit other stories on the front page. So, farewell Scottish Power and the Royal Bank of Scotland's Work24.co.uk portal. You were a cracking idea but you pissed away £30 million and have nothing to show …
Kieren McCarthy, 01 Feb 2001
The Register breaking news

Channel Flannel Extra

Haven't got time to read this week's Computer Reseller News or MicroScope? Don't worry, we've read 'em for you. Here's our round-up of some of the channel weeklies' best stories. MicroScope Ideal Hardware is about to fall into the clutches of Ingram Micro. Sources claimed the US distributor was in talks to buy Ideal, InterX's …
Linda Harrison, 03 Feb 2000
The Register breaking news

License Online dumps UK office

US dotcom License Online is to pull out of the UK and re-jig its business model. The Seattle-based company brought in Jan Lawford, former commercial director at distributor CHS Electronics, to head up the London office in February. The plan then was to make the UK its European HQ. But due to current IT market conditions the …
Linda Harrison, 19 Oct 2000