Meyers Industries Sales Down 12.1% in 1Q
Profit was $16.7 million, compared to $6.7 million in the first quarter of 2019.
Meyers Industries Sales Down 12.1% in 1Q Read More »
2020
Now Inc.’s First Quarter Sales Down 23.1%
The company reported a loss of $331 million for the quarter, compared with a profit of $18 million a year ago.
Now Inc.’s First Quarter Sales Down 23.1% Read More »
5 Rules for Growing Customer Loyalty During Coronavirus
Customers are more open to change in the wake of COVID-19 disruption. Distributors can take advantage of this opportunity by using profit segmentation to drive strategic decision making and rework customer contracts in favor of increased profitability, Profit Isles Jonathan Byrnes explains in an MDM webcast.
5 Rules for Growing Customer Loyalty During Coronavirus Read More »
Amazon Business Tops Coronavirus in Most-Read MDM Blogs of April
Though the fallout for distributors from COVID-19 continued to be a hot topic in April, news on Amazon Business garnered the most attention from MDM readers during the month. New data show the enormous number of SKUs available on the platform and that it may be poised to become the top industrial distributor in the U.S.
Amazon Business Tops Coronavirus in Most-Read MDM Blogs of April Read More »
The Goods and Services Deficit Increased in March
Year-to-date, the goods and services deficit decreased $28.1 billion, or 17.8%, from the same period in 2019.
The Goods and Services Deficit Increased in March Read More »
AMETEK Sales Down 6.6% in Q1
First quarter Electronic Instruments Group sales were $774.2 million, down 4% compared to the same period in 2019.
AMETEK Sales Down 6.6% in Q1 Read More »
4 Lessons on Inventory Management During the COVID-19 Pandemic
Four procedures distributors can implement now to adjust your forecast of future demand of items and address the effects of COVID-19, from inventory management expert Jon Schreibfeder.
4 Lessons on Inventory Management During the COVID-19 Pandemic Read More »
Wajax Sales Down 8.1% in 1Q
Profit decreased 48.1% to $4.1 million.
Wajax Sales Down 8.1% in 1Q Read More »
Amazon First Quarter Sales Up 26.4%
Net product sales accounted for $41.8 billion, up 22% year over year from $34.3 billion.
Amazon First Quarter Sales Up 26.4% Read More »
United Rentals Sales Up Slightly in First Quarter
The company reported sales of $2.1 billion for the first quarter, up 0.4% compared to a year ago.
United Rentals Sales Up Slightly in First Quarter Read More »
Kennametal Third Quarter Sales Down 19.1%
For the first nine months, sales totaled $1.5 billion, down 15% over the same period in 2019.
Kennametal Third Quarter Sales Down 19.1% Read More »
Huttig’s Sales Up 2.8% in 1Q
The company reported a loss of $8.9 million for the quarter compared to a loss of $3.2 million in the first quarter of 2019.
Huttig’s Sales Up 2.8% in 1Q Read More »
Grainger Names CTO
As CTO, Jonny LeRoy will lead teams across Grainger’s Technology Group to build capabilities that complement and advance the company’s strategy and business model.
Grainger Names CTO Read More »
Fortive Sales Up 7.6% in 1Q
Profit was $41.9 million, down from $164 million in the first quarter of 2019.
Fortive Sales Up 7.6% in 1Q Read More »
Timken Reports 5.7% Sales Decrease in 1Q
Mobile Industries sales of $466.7 million decreased 6.7% compared with the same period a year ago.
Timken Reports 5.7% Sales Decrease in 1Q Read More »
Weyerhaeuser Sales Up 5.2% in 1Q
The company reported a profit of $150 million, compared to a loss of $289 million during the first quarter of 2019.
Weyerhaeuser Sales Up 5.2% in 1Q Read More »
SRS Distribution Names New Board Member
Amy Jen Su is the co-founder of Paravis Partners, a premier executive coaching and leadership development firm.
SRS Distribution Names New Board Member Read More »
HARDI Distributors Report 3.7% Revenue Growth in March
The average annual sales growth for the 12 months through March 2020 is 4.1%.
HARDI Distributors Report 3.7% Revenue Growth in March Read More »
Economic Activity in the Manufacturing Sector Contracted in April
The New Orders Index registered 27.1%, a decrease of 15.1% from the March reading.
Economic Activity in the Manufacturing Sector Contracted in April Read More »
AD Member Sales Grow 2% First Three Months of 2020
On a same-store basis by business unit, three-month Plumbing, Heating, Cooling and Pipe sales were up 3%; Electrical sales were up 2%; Building Materials sales were up 4%; and Industrial and Safety sales were unchanged.
AD Member Sales Grow 2% First Three Months of 2020 Read More »
