Heritage Landscape Supply Acquires Atlanta Landscape Materials
Dan Perry will continue to lead the company under the Atlanta Landscape Materials banner.
Heritage Landscape Supply Acquires Atlanta Landscape Materials Read More »
February 2021
January M&A Roundup: Momentum Carries into New Year
Wholesale distribution mergers and acquisitions continued at a brisk pace as the calendar rolled over to 2021.
January M&A Roundup: Momentum Carries into New Year Read More »
Arrow Electronics’ 2020 Sales Down 0.8%
For the fourth quarter, however, Arrow reported that sales increased 15.2% to 8.5 billion.
Arrow Electronics’ 2020 Sales Down 0.8% Read More »
Fastenal’s January Sales Decline 3.2%
Fastenal’s reported daily sales for the month were down 9.1% versus a year due to softness in fastener sales and the non-residential construction end market.
Fastenal’s January Sales Decline 3.2% Read More »
Motion & Control Enterprises Acquires Swanson Flo Control
MCE makes second acquisition this month with the addition of the Plymouth, Minnesota-based distributor of process instrumentation, flow control valves, actuators and related equipment.
Motion & Control Enterprises Acquires Swanson Flo Control Read More »
Pandemic Revenue Index Up 6.4%
Indian River Consulting Group’s (IRCG) weekly Pandemic Revenue Index for the work week of Jan. 25 to Jan. 29 increased 6.4%, continuing a normal growth trend.
Pandemic Revenue Index Up 6.4% Read More »
What Happened to Grainger’s Margins in 4Q?
“Disappointing” was how one analyst described the industrial distributor’s gross margin performance (down 290bps) in the period, but such a plunge was all too familiar for many companies in these pandemic-plagued times.
What Happened to Grainger’s Margins in 4Q? Read More »
Fastener Distributor Index Dips in January
The seasonally adjusted Fastener Distributor Index (FDI) for January was 57.7, down from 62.6 in December.
Fastener Distributor Index Dips in January Read More »
Grainger’s 2020 Sales Up 2.7%
Industrial distributor Grainger says its fourth-quarter sales were up 3.3% as the company continued to deal with the “challenges and uncertainty” of COVID-19.
Grainger’s 2020 Sales Up 2.7% Read More »
Ferguson to Be Listed on NYSE
Shares of the global plumbing giant will be listed in the U.S. and traded under the ticker symbol “FERG.”
Ferguson to Be Listed on NYSE Read More »
The Home Depot Opens Massive DC in Dallas
Home improvement B2C and B2B giant has opened 1.5 million-square-foot distribution center in the Dallas-Fort Worth metro area
The Home Depot Opens Massive DC in Dallas Read More »
Jeff Bezos to Step Down as Amazon CEO, Transition to Executive Chair
In a C-suite shakeup that will happen in the third quarter, Amazon’s founder will step aside to allow Andy Jassy to become CEO.
Jeff Bezos to Step Down as Amazon CEO, Transition to Executive Chair Read More »
WESCO Sells Canadian Utility Business to Rexel
The transaction partially fulfills WESCO’s commitment to divest its legacy Canadian Utility and Datacom businesses in connection with Canadian law.
WESCO Sells Canadian Utility Business to Rexel Read More »
US LBM Acquires Villaume Industries
Specialty building materials distributor expands presence in the Minneapolis-St. Paul area.
US LBM Acquires Villaume Industries Read More »
Crawford Adds New Leadership in Texas Gulf Coast
Jared Lukert and Eric Eddleman appointed to key leadership positions in the electrical distributor’s Houston branch.
Crawford Adds New Leadership in Texas Gulf Coast Read More »
AD’s 2020 Member Sales Down 3%
Buying group also reports that in 2020 member net distributions increased 1% while supplier purchases declined 1%.
AD’s 2020 Member Sales Down 3% Read More »
‘Go, Go, Go’: How to Build Your Business in Today’s Economy
“Make sure you’re making acquisitions — now,” Alan Beaulieu told distributors at last week’s NAW Digital Summit. See why he says companies have the green light to grow.
‘Go, Go, Go’: How to Build Your Business in Today’s Economy Read More »
HARDI Distributors Report 21.4% Revenue Increase in December
Association also reports that the average annual sales growth for the 12 months through December 2020 for HARDI distributors is 4.1%.
HARDI Distributors Report 21.4% Revenue Increase in December Read More »
December Construction Spending Up 5.7% Year-Over-Year
Despite the pandemic, construction spending for 2020 wound up at $1,429.7 billion, up 4.7% from 2019.
December Construction Spending Up 5.7% Year-Over-Year Read More »
Manufacturing Sector Improves in January
The January PMI registered 58.7%, down 1.8% from the December reading of 60.5% but still marking an eighth consecutive month of expansion.
Manufacturing Sector Improves in January Read More »
