NOW Inc. Sales Plummet in 2Q
NOW Inc., which reported a loss of $30 million for the quarter and a loss of $361 million for the first six months of 2020, is enacting cost-reduction measures.
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August 2020
Amazon to Build Fulfillment Center in Tampa Bay Area
Amazon’s new fulfillment center in Temple Terrace and new delivery station in Lutz will create hundreds of new full-time jobs
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Emerging Technology for the Emerging Distributor
Let the computer do some of the work by conducting a virtual pilot to sanity test your plans before you make changes in real-time and risk making a mistake, says consultant Robert Sabath.
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The Home Depot to Open Three New Distribution Centers in Georgia
With trio of new DCs designed to “meet the changing delivery needs of our DIY and Pro customers,” The Home Depot is committing to an additional 1,000 new jobs in Greater Atlanta area.
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3M Announces New Leadership Appointment
Jeffrey R. Lavers has been appointed executive vice president, Consumer Business Group, replacing Paul Keel.
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The Mask-to-Mask Distribution Environment is Changing Everything
The B2B distribution business has been adjusting to the new mask-to-mask business environment by changing how distributors handle inventory, deliver products and communicate with customers. The most difficult adjustment has been letting go of the old sales coverage plan.
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Avnet Appoints Interim CEO
Electronics distributor Avnet names Phil Gallagher as interim replacement for outgoing CEO Bill Amelio and also announces preliminary fourth-quarter financial results.
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HARDI Distributors Report 24.3% Revenue Jump in June
Heating, Air-conditioning & Refrigeration Distributors International’s monthly TRENDS report shows a huge spike in HVAC distributors’ revenue, marking a “solid start for the cooling season,” says HARDI analyst Brian Loftus.
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Nationwide Plastics Dallas Rebrands as Curbell Plastics Arlington
Nationwide Plastics Inc., a division of Curbell Plastics Inc. since its acquisition last August, on Monday announced it has rebranded as Curbell Plastics Arlington.
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AD Member Sales Decline 6% in First Half of 2020
Buying group AD, however, grew its rebate distributions 1% despite the softness of the market due to the COVID-19 pandemic.
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Motion Industries Acquires Two Companies
Motion Industries, a subsidiary of Genuine Parts Co., announced Monday it has acquired Canada-based TRC Hydraulics and California-based F&L Industrial Solutions.
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