Grainger’s 1Q Sales Up 2.8%
Industrial distribution giant Grainger says its High-Touch Solutions (N.A.) segment sales were up 1.8%, and 3.4% on a daily basis versus the prior-year quarter.
Grainger’s 1Q Sales Up 2.8% Read More »
April 2021
HARDI Distributors Report Record 33.2% Revenue Increase for March
The association also finds that the average annual sales growth for the 12 months through March for HARDI distributors is 8.7%.
HARDI Distributors Report Record 33.2% Revenue Increase for March Read More »
Amazon 1Q Sales Up 30.5%
Net product sales for Amazon totaled $57.5 billion in the quarter, up 27.2% from $41.8 billion in the year-ago period.
Amazon 1Q Sales Up 30.5% Read More »
Real U.S. GDP Up 6.4% in 1Q According to ‘Advance’ Estimate
The growth marks a steady improvement from the fourth quarter of 2021, when real GDP increased 4.3%.
Real U.S. GDP Up 6.4% in 1Q According to ‘Advance’ Estimate Read More »
Kimball Midwest Garners Learning Award
Kimball Midwest is among the 59 companies honored by the Chief Learning Officer’s 11th Learning Awards program.
Kimball Midwest Garners Learning Award Read More »
Lawson Products Sales Increase 13.8% in 1Q
The Chicago-based MRO distributor Lawson Products also saw its average daily net sales grow 15.6% as the company began 2021 with a bang.
Lawson Products Sales Increase 13.8% in 1Q Read More »
Applied Industrial Technologies Bounces Back in 3Q
After sales increase in the third quarter, Applied Industrial Technologies’ CEO is predicting an even better fourth quarter.
Applied Industrial Technologies Bounces Back in 3Q Read More »
United Rentals off to a Solid Start in 1Q
United Rentals’ net income was up 17% year-over-year in the first quarter as the company raised its full-year guidance.
United Rentals off to a Solid Start in 1Q Read More »
Kathy Mazzarella Makes a Business Case for DEI
The Graybar CEO says distributors shouldn’t promote diversity, equity and inclusion just because it’s the right thing to do — though it is! — but because it helps grow the bottom line.
Kathy Mazzarella Makes a Business Case for DEI Read More »
Avnet Sales Up 14.1% in Fiscal 3Q
Year to date, sales increased 6.2% to $14.3 billion for the Phoenix, Arizona-based electronics distribution giant Avnet.
Avnet Sales Up 14.1% in Fiscal 3Q Read More »
Census Bureau Releases Two Advance Economic Indicators for March
The U.S. Census Bureau has released advance indicators showing that the international trade deficit and wholesale inventories both increased in March.
Census Bureau Releases Two Advance Economic Indicators for March Read More »
MRC Global Reports Q1 Loss of $3 Million
Despite the loss, MRC Global posts a 5% sequential revenue increase in Q1 over the previous fourth quarter.
MRC Global Reports Q1 Loss of $3 Million Read More »
How One Distribution Center Thrived During the Pandemic
Parts Town’s distribution center has received recognition over the years for its innovation. Like other industries, COVID-19 forced the distribution center to change their day-to-day procedures quickly. Despite implementing stringent safety protocols, they were able to maintain operational efficiency over the course of a challenging year.
How One Distribution Center Thrived During the Pandemic Read More »
Graybar’s Sales Up 7.2% in 1Q
The company also saw net income grow 120.6% compared to 2020; both revenue and profit were records for the electrical distributor.
Graybar’s Sales Up 7.2% in 1Q Read More »
Atlas Copco’s 1Q Sales Up 4%
Profit for the Swedish manufacturer Atlas Copco increased 7% over the prior year.
Atlas Copco’s 1Q Sales Up 4% Read More »
Beacon Names McDevitt as EVP and Chief Human Resources Officer
McDevitt will take the CHRO reins from Harrison, who is departing Beacon later this quarter.
Beacon Names McDevitt as EVP and Chief Human Resources Officer Read More »
ABB’s Sales Increase 11% in 1Q
The electrical giant reported profit of $502 million, a 34% improvement when compared to the year-ago period.
ABB’s Sales Increase 11% in 1Q Read More »
3M Posts Higher 1Q Profits as Sales Spike Across All Sectors
Increase in revenues led by 3M’s Safety and Industrial division where total sales were up by 13.7%.
3M Posts Higher 1Q Profits as Sales Spike Across All Sectors Read More »
Hisco Acquires Shurmed Health
Acquisition of specialty adhesive solutions manufacturer expands Hisco’s national converting and fabrication capabilities.
Hisco Acquires Shurmed Health Read More »
Womack Electric Supply President Announces Retirement
Burke Herring will be retiring after nearly four decades of service with the electrical distributor.
Womack Electric Supply President Announces Retirement Read More »
