Latest Chicago Fed National Activity Index (CFNAI) shows that three of four broad categories of indicators used to construct the index made positive contributions in September, but all four categories decreased from August.
Chicago Fed National Activity Index Declines to +0.27 in September Read More »
After Grainger posted a moderate improvement in the third quarter, company executives dished on the distributor’s approach to acquiring new customers and how it is bolstering the company. Here’s what they shared.
Behind Grainger’s Customer Acquisition Strategy Read More »
Our last quarterly data issue of 2020 includes promising stats on the future state of the economy, with some work left to do to get the industry back to where it was pre-pandemic. Dive into the latest MDM-Baird Distribution Survey results, as well as a preview of our MDM Analytics market forecast and wholesale revenues, sales and inventory trends data.
Download this Issue as a PDF: October 25 2020 Read More »
The market appears to be experiencing a quicker turnaround from the pandemic-induced downturn than originally expected.
Is the V-Shaped Recovery for Real? Read More »
A strong individual online presence can mean good things for your distribution company.
Commentary : Why Build Your Personal Brand? Read More »
Consumer behavior is playing a role in speeding economic recovery.
MDM Revised Forecast: 3Q Shaping a V-Swoosh Recovery Read More »
A strong individual online presence can mean good things for your distribution company.
Why Build Your Personal Brand? Read More »
Latest report shows U.S. cutting tool consumption down 0.2% from previous month of July, while year-to-date total is down 23.4% from same period of 2019.
U.S. Cutting Tool Consumption Drops 33.5% in August Read More »
Fasteners manufacturer and distributor Optimas Solutions enhances PPE and MRO product distribution with 30,400-square-foot facility.
Optimas Solutions Opens DC in St. Louis Read More »
Genuine Parts Co., the parent of Motion Industries, reported that the distributor’s 3Q sales of $1.4 billion were down 18.6% year-over-year, or down 8.7% excluding the EIS divestiture.
Motion Industries Sales Dip 18.6% in 3Q Read More »
In addition to setting a revenue record of $1.1 billion, the pool supply distributor saw profit increase nearly 50% for the quarter.
Pool Corp. Sales Up 27% in 3Q Read More »
Fargo, N.D.-based electrical distributor Border States Electric unveils new regions designed to “better serve customers and support manufacturers.”
Border States Electric Announces New Regional Structure Read More »
Year-to-date sales grow 5.5% from same period in 2019 as company posts profit growth for both the quarter and the first nine months of 2020.
Watsco Sales Increase 10.2% in 3Q Read More »
Industrial distributor Grainger says its U.S. segment sales were up 3.1%, outgrowing the U.S. MRO market which declined an estimated 5% to 6%.
Grainger’s 3Q Sales Up 2.4% Read More »
Safety products manufacturer SureWerx, Vancouver, B.C., has acquired Geroline Inc., the St. Catharines, Ontario-based company behind the K1 Series brand of winter traction aids.
SureWerx Acquires Geroline Inc. Read More »
Indian River Consulting Group’s (IRCG) weekly Pandemic Revenue Index for the work week of Oct. 12 to Oct. 16 indicated a 2.6% increase compared with the same week a year ago.
Pandemic Revenue Index Ticks Up 2.6% Read More »
After being acquired by a private equity firm and combined with Construction Supply Group, White Cap is now a $4 billion building materials distribution juggernaut. Where will the company rank among MDM’s Market Leaders?
New-Look White Cap/CSG Will Make Immediate Market Impact Read More »
U.S. manufacturers are digitizing at twice the rate of other businesses, Alibaba.com survey finds.
Manufacturers Among B2B Businesses Experiencing ‘Rapid Digitization’ Read More »
Housing starts also up compared to year-ago period and the previous month, according to the latest residential construction report from the U.S. Census Bureau.
Residential Building Permits Up 8.1% in September Read More »
How the online juggernaut uses AI-backed search expertise to improve its e-commerce effectiveness and overcome competitors.
The Technology Behind Amazon’s Search Dominance Read More »
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