Industrial distributor Fastenal saw its sales mix continue to return to normal in August, and the company again reduced its total workforce, this time by 7.5%, which is part of a larger industry trend toward omnichannel selling.
‘Stable Fastener Sales’ in August Bodes Well for Fastenal Read More »
Don Chargin, president of Royal Supply Co., on Tuesday announced the creation of his new bearings distribution company, Specialty Bearings.
Royal Supply President Launches New Bearings Distributor Read More »
Despite the dip in overall sales for Fastenal, the company reported daily sales were up 2.5% versus a year ago based on strength in safety (35.1% growth).
Fastenal’s August Sales Down 2.2% Read More »
NetPlus Alliance, the Lockport, New York-based North American industrial and contractor supplies buying group, announced Tuesday it will move to a virtual 2020 annual meeting.
NetPlus Transitions Annual Meeting to a Virtual Event Read More »
The board of directors of MSC Industrial Supply Co. (NYSE: MSM), a Melville, New York-based MRO distributor, has appointed Rudina Seseri to serve as a director.
MSC Industrial Supply Appoints New Director Read More »
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