Sources: Misco sold to Hilco Capital, care home for the distressed Exclusive Failed tech reseller joins same stables as HMV, Jessops, Staples... Channel26 Mar 2017 | 18
A sorry Brexcuse! Systemax blames Brexit for car crash Q3 results But weren't sales sliding before the EU referendum? Yes, they were Channel01 Nov 2016 | 9
Systemax flogs German sub to CANCOM Sound of a group break-up? Nah, just exiting 'our most challenging market' Channel25 Jul 2016 | 1
Systemax bleeds cash, reports $100m net loss for 2015 Closing North America reseller biz to blame... mostly Channel09 Mar 2016 | 3
Former Systemax execs ordered to repay $35m to the biz Reseller lost $27m to fraud, will make a return when Carl and Gilbert Fiorentino cough Channel02 Mar 2016 | 3
Former prez of Misco parent Systemax declared bankrupt Ex-exec Pim Dale falls on hard(er) times Channel12 Jan 2016 | 4
Systemax: Shuttering our North America Tech Group may cost $55m Exiting leases, closing exec ops, selling inventory Channel24 Nov 2015 | 1
Systemax offloads North America problem child to PCM for $14m Assets of US and Canada tech products group sold, rest to be shuttered Channel19 Nov 2015 | 1
Profitable business evaporates at Systemax... make that all business growth Shuttering US retail stores blamed, but UK get hair dryer treatment from CEO too Channel04 Nov 2015 | 4
Misco hires sales vet Brooker to run UK sub Newbie asked to turn around leaky reseller tanker Channel19 Aug 2015 | 2
Systemax bleeds $28m while its shares bounce off the floor It's all OK – if you exclude currency issues, store closures, shrinking sales... Channel05 Aug 2015 | 2
Systemax Euro CEO Dale is OUT: Misco man gone by month's end Perhaps Norris will get his leg over Angelina Jolie after all? Channel18 Jun 2015 | 3
US titans roll out the numbers... wow, reselling is a tough game Systemax losses make Insight look like a challenge-free biz On-Prem12 May 2015 | 1
Systemax CEO closes 31 retail stores in US as losses widen Anyone want to buy a globo B2B tech reseller for $385m? Channel11 Mar 2015 | 6
Ex-Systemax execs Carl & Gilbert Fiorentino jailed over $27m fraud Brothers get five and six years of stripey suntan time Channel04 Mar 2015 | 4
Hey, go easy on Gilbert Fiorentino, he’s a changed man – defence lawyer Former Systemax exec facing five years in slammer Channel18 Feb 2015 | 2
Former Systemax execs charged over $9m fraud, tax evasion Gilbert Fiorentino in the dock, keeping brother Carl brother company Channel21 Nov 2014 | 1
Systemax: Senior Blighty bods let us down, so we cut them Group sales flat in Q3, losses narrow on back of B2B goodness Channel05 Nov 2014 |
Sing it, Systemax: 10 straight quarters plunging in a row, 10 straight quar.... Sales FINALLY on rise for reseller... by 1.4% Channel30 Jul 2014 |
Systemax goes Dutch, devours SCC Netherlands 'Sub-scale' biz offloaded to tech services wannabe Channel02 May 2014 | 1
Systemax CEO: Can't get consumer biz out of the crapper Reports frazzled financials despite B2B arm bringing home bacon On-Prem30 Apr 2014 | 1
Shape-shifting box shifter Systemax made cash... from non-IT kit 2013 financials: Sales down, losses widen Channel05 Mar 2014 | 2
Systemax director Carl Fiorentino bribery trial moves to Florida Feds ice Long Island for FLA: Case to be tried where alleged offences occurred Legal14 Jan 2014 | 1
Former Systemax exec faces second probe by Feds Lawyer for Carl Fiorentino reveals details in latest filing Channel31 Oct 2013 | 1
Bloated tech reseller Systemax may be turning around, but it's still going the wrong way Numbers hit the skids, CEO 'disappointed' as slide toward doom continues Channel30 Oct 2013 | 1
Reseller giant Misco puts UK workers at risk of redundancy – sources Accounts, buyers and customer services bods on three-month notice, claim our moles Channel08 Oct 2013 | 4
Systemax turnaround plan off the rails as losses widen Sales down, US and UK blamed Channel07 Aug 2013 |
Former Systemax bigwig Carl Fiorentino to fight bribery allegations Not guilty plea entered at New York District Court Channel10 Jul 2013 |
Ex-Systemax veep cuffed, charged with $230m fraud Carl Fiorentino bailed for $1m over wire, mail and laundering scams Channel19 Jun 2013 | 5
Reseller giant Systemax bleeds red ink in Q1 of 'turnaround year' CEO Leeds: 'Operating loss is unacceptable' Channel01 May 2013 | 1
Misco does well but parent globocorp suffers full year losses 'My work here is not yet done,' confides CEO Channel06 Mar 2013 | 1
Sprosty leaps from Systemax TPG hot seat after 18 months Tech Products CEO leaves amid restructure Channel15 Feb 2013 |
Euro jobs cut threat hit us like a train, say Systemax workers The reward for good work: not more work, this time Channel05 Nov 2012 | 3
Red-soaked Systemax kills Euro jobs and US PC factory Killing spree also slays CompUSA and Circuit City brands Channel02 Nov 2012 | 5
SEC bars ex-Systemax veep from director role in fraud deal Gilbert Fiorentino settles with fine of $65,000 On-Prem18 Sep 2012 | 1
Systemax files $2.2m losses as US shoppers stay home Bullish outing in Europe can't save reseller giant's Q2 profit margins On-Prem01 Aug 2012 |
Systemax CEO: We want to be Number One in five years Contest for affections of Angelina Jolie brewing Channel03 Jul 2012 | 2
Systemax profits tumble as US punters keep wallets closed Reseller giant's bottom line slides 48 per cent in Q1 Channel02 May 2012 |
Systemax suffers sales shrinkage in Q4 B2B sunshine fails to thaw consumer spending freeze Channel29 Feb 2012 |
Systemax blows £250k on ex-CEO legal probe bills Misco parent turns profit despite retail meltdown Channel02 Nov 2011 |
Systemax fills hole left by shamed US boss David Sprosty to don the cursed hat of Fiorentino Channel04 Oct 2011 |
Feds investigate $17m of missing kit at CompUSA CEO out, SEC and FBI in as gear disappears in Miami Channel22 Jul 2011 | 6
SEC investigates disgraced Systemax exec Former reseller bigwig Fiorentino under spotlight Channel28 Jun 2011 | 1