Known as VICKIE, a goal for Vallen Distributions new internal employee resource group is to recruit strong, diverse candidates from both inside and outside of the business who will reach leadership positions within the 3,000-employee company.
Women-Led Group to Build Diverse Leadership Pipeline for Vallen Read More »
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Download this Issue as a PDF: June 10, 2020 Read More »
North American buying group AD, Wayne, Pennsylvania, this week announced the group will be going to a virtual format for its slate of 2020 North American and other fall meetings in response to the COVID-19 pandemic. The buying group said it worked collaboratively with impacted divisional boards, committees and its associates to ensure a meaningful
AD Moves Fall Meetings to Virtual Setting Read More »
Recent economic reports show upward momentum for the overall U.S. economy and the wholesale distribution industry in particular, but not all data points paint a rosy picture, indicating recovery will be a slog.
Is Hope on the Horizon for U.S. Economy, Wholesale Distribution? Read More »
Construction and industrial sales decreased 1.1% in the fiscal first quarter.
HD Supply’s First Quarter Sales Down 6.6% Read More »
The industrial distributor said preliminary fiscal third-quarter sales were $835 million, which would mark a 3.6% decrease from year-ago period.
MSC Industrial’s Sales Rise 6.3% in May Read More »
Distributor expects negative impact from COVID-19 to be reflected in second quarter results.
Huttig Building Products First Quarter Sales Up Nearly 3% Read More »
The safety category again stole the show for Fastenal Co. during its May sales report with a 136.3% increase, while the companys fastener business has likely hit the bottom during the COVID-19 disruption and could be on the upswing.
Safety Sales Surge for Fastenal, Core Business Also Shows Promise Read More »
The companys planned actions will deliver $160 to $170 million in annual pre-tax cost savings, with approximately $25 to $35 million of savings projected in 2020.
PPG Initiates Global Restructuring Read More »
Some distributors are updating their price segmentation schemes to ensure they reflect these evolving conditions by overlaying a COVID-19 demand category attribute to complement traditional segmentation schemes.
Agile Price Management in the COVID-19 Era Read More »
French distributor of industrial air compressors will become part of Atlas Copcos Compressor Technique business area.
Atlas Copco Acquires Ovity Air Comprimé Read More »
The 0.3% improvement follows 10 weeks of declines and nine weeks of double-digit declines.
IRCG’s Weekly Pandemic Revenue Index Notches First Increase Read More »
Optimize search results, facilitate up-sells and cross-sells, promote items that need to turn quickly and elevate private-label products all ways distributors can use AI to transform websites from order-taking to order-making assets.
5 Ways AI Websites Outsell Regular E-Commerce Read More »
ASA is part of a coalition asking Congress to act quickly to enact temporary COVID-19 liability protections.
American Supply Association Advocates for Pandemic-Related Liability Relief Legislation Read More »
The company reported daily sales up 14.8% versus a year ago based on strength in safety.
Fastenal’s May Sales Up 4.4% Read More »
While the COVID-19 pandemic has slowed M&A to a crawl in distribution and most sectors, companies that chose to hunker down rather than innovate during the pandemic could be targeted by savvy strategic and financial buyers once activity resumes.
Did COVID-19 Turn Your Business into an Acquisition Target? Read More »
Alibaba.com, a business unit of Alibaba Group, on June 2 announced three new products and services intended to allow U.S. small businesses to access digital logistics to source globally, alleviate cash flow with 60-day payment terms, and connect U.S. manufacturers and wholesalers with buyers through online trade shows: • Alibaba.com Freight — Enables U.S. small-
Alibaba.com Launches 3 New Products and Services Read More »
Distribution giant selling European subsidiary to Dutch private equity firm Torqx Capital Partners for undisclosed amount.
Grainger to Divest Fabory Read More »
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