Sales in the construction and industrial business — the division that HD Supply is selling to a private equity buyer for $2.9 billion — decreased 11.7% in 2Q.
HD Supply’s Second Quarter Sales Down 4.4% Read More »
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 »
Customer managed inventory technology is far faster, eliminates price shopping and reduces the risk of error, says eTurns’ Rock Rockwell.
How to Provide Low- to No-Touch Inventory Management Read More »
These reps are now in position to play a key role in distributor revenue recovery plans.
The Future of the Outside Sales Rep Read More »
Year-to-date, the goods and services deficit increased $6.4 billion, or 1.8%, from the same period in 2019.
Goods and Services Deficit Up in July Read More »
Distributor sales notched their third-straight increase in the last full week of August, according to the latest Indian River Consulting Group PRI.
IRCG Pandemic Revenue Index Up 2.6% Read More »
FBM expands its presence in the Greater Milwaukee market with the acquisition of independent distributor.
Foundation Building Materials Acquires Marriott Drywall Materials Read More »
Los Angeles-based MRO master distributor Industrial Valco adds producer of cast and forged steel gate, globe, check and ball valves.
Industrial Valco Acquires Beric Valves Read More »
Latest acquisition brings a longtime, family-owned, Baltimore-based business into the Brady Industries portfolio.
Brady Acquires Maryland Distributor Fitch Co. Read More »
Air Liquide’s new investment coincides with a long-term supply agreement to serve Eastman Chemical Co. in the U.S.
Air Liquide to Invest $160 Million in Eastman Chemical Facility Read More »
Building products distributor expands roofing and siding offering in the Midwest’s largest market with new Hines Supply location.
US LBM Opens New Chicago Location Read More »
U.S. Census Bureau’s final report on new orders for manufactured goods shows a third consecutive month of growth and second consecutive month of mid-single-digit growth.
New Orders for Manufactured Goods Jumps 6.4% in July Read More »
Align your online and offline presence, stop putting product first and prioritize user experience, recommends distribution marketing veteran Lindsay Young.
3 Critical Steps to Take Before You Redesign Your Website Read More »
Addition of Park Hills, Kentucky-based Applied Machine and Motion Control Inc. will broaden Motion’s offering to customers.
Motion Industries Acquires Motion Control & Automation Company Read More »
MRO distributor MSC Industrial names Faisal Hussain to e-commerce post as part of plan to “deliver a world-class digital experience for our customers.”
MSC Industrial Appoints VP, E-Commerce Read More »
Company’s latest addition is a German mechanical contractor for the medical industry.
Atlas Copco Completes MEDGAS Acquisition Read More »
By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.
Wholesale distribution news and trends delivered right to your inbox.
Sign-up for our free newsletter and get:
