Beacon Yearly Sales Up 12.2%
2021 fourth-quarter sales increased 11.3% compared to the prior year, while net income from continuing operations was $68.1 million.
Beacon Yearly Sales Up 12.2% Read More »
2022
Amidst Gangbusters Job Market, Employers Must Do More to Attract, Retain Talent
An unprecedented labor situation necessitates an innovative approach to hiring. Being data-driven and developing talent strategies are among the ways employers can succeed.
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What Labor Shortage? Technology-Enabled Sales Teams Don’t Miss a Beat
A large portion of veteran sales talent is deciding now is a good time to retire. Implementing tech that reduces redundant work and delivers relevant insights is key to achieving growth.
What Labor Shortage? Technology-Enabled Sales Teams Don’t Miss a Beat Read More »
Eaton Reports Quarterly, Annual Gains
The company reported 2021 fourth-quarter sales of $4.8 billion, up 2% from the same quarter in 2020.
Eaton Reports Quarterly, Annual Gains Read More »
Arrow 4Q, Yearly Sales Increase
The electronic components distributor reported 2021 4Q sales of $9.02 billion and year-end sales of $34.48 billion.
Arrow 4Q, Yearly Sales Increase Read More »
Fastenal January Sales Up 20.7%
The Winona, Minnesota-based distributor reported January 2022 sales of more than $540 million.
Fastenal January Sales Up 20.7% Read More »
Amazon Yearly Sales Jump 22%
The online retailer and e-commerce company reported 2021 4Q sales of $137.4 billion, while year-end sales topped $469 billion.
Amazon Yearly Sales Jump 22% Read More »
Job Market Surges in January
With significant upward revision in November and December, hundreds of thousands of more jobs were created than economists initially expected.
Job Market Surges in January Read More »
AD Member Sales Rise 30%
Year 2021 member sales were $58.5 billion, a 30% increase from 2020, with purchases by member companies from AD supplier partners up 39%.
AD Member Sales Rise 30% Read More »
Grainger ’21 Sales Reach $13B
The company’s 2021 fourth-quarter sales were up 14.2% over the same period a year prior, while adjusted operating earnings were $417 million.
Grainger ’21 Sales Reach $13B Read More »
AMETEK 4Q Sales Top $1.5B
The company set numerous personal bests, including full-year 2021 sales at a record $5.5 billion, a 22% increase over 2020.
AMETEK 4Q Sales Top $1.5B Read More »
Manufacturing PMI Drops 1.2 Points
The January PMI registered 57.6%, a decrease of 1.2 percentage points from the seasonally adjusted December reading of 58.8%.
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Graybar Names New VP for Comm/Data, CIG Sales
The St. Louis-based electrical, communications and data networking distributor says Richard S. King has been named to the new role.
Graybar Names New VP for Comm/Data, CIG Sales Read More »
Distributor Finance 2.0: The Hottest Feature of B2B Marketplaces
B2B payments and net-term financing capabilities are a prime example of a ‘timely, sexy’ feature that can drastically accelerate digital growth.
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Jon-Don Acquires USA-CLEAN
The supplier of commercial supplies, equipment, consumables and expertise to specialty contractors announced the acquisition this week.
Jon-Don Acquires USA-CLEAN Read More »
Essity Acquires Legacy Converting
The Philadelphia-based global hygiene and health company acquired a U.S.-based cleaning and wiping company and manufacturer.
Essity Acquires Legacy Converting Read More »
Pricing, Sales, Profitability Top Priorities for Data Analytics
Like a New Year’s hangover, pricing and inflation shape 2022 challenges, says the latest Baird-MDM Industrial Distribution Survey.
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Collaboration Will Define Competitive Advantage
Complexity of industrial markets and professional end users bodes well for traditional distributors, but as AgoNow’s Larry Davis says in an MDM podcast, creating value means combining strong digital support and new sales roles.
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Brady IFS Acquires SupplyitAll
With the deal, the food service and JanSan distributor’s annual revenues are now expected to exceed $1 billion.
Brady IFS Acquires SupplyitAll Read More »
MDM MarketPulse: 4Q 2021 Growth Beats Expectations
Annualized growth rate of 9.8% capped a strong 2021 for industrial distribution channels, according to MDM’s latest MarketPulse report.
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