Fastenal Sees 9.6% Daily Sales Growth in February
It was a deceleration from January’s 11.2% growth, but another solid month nonetheless.
Fastenal Sees 9.6% Daily Sales Growth in February Read More »
2023
EFC Int’l Acquires Fellow Fastener Distributor ISC in St. Louis
Inventory Sales Company (ISC) is a distributor of Class-C parts with a focus on fasteners and strut accessories.
EFC Int’l Acquires Fellow Fastener Distributor ISC in St. Louis Read More »
Descartes Fiscal 2023 Revenue Up 14% Over Prior Year
Fiscal 2023 4Q revenue was $125.1 million, up 11% from $112.4 million in fiscal 4Q 2022, the company said.
Descartes Fiscal 2023 Revenue Up 14% Over Prior Year Read More »
Crawford Electric Expands Relationship with Schneider Electric
Sonepar subsidiary Crawford will now support Schneider Electric’s Square D products at locations in Texas and Louisiana.
Crawford Electric Expands Relationship with Schneider Electric Read More »
Building Controls & Solutions Acquires Minvalco
The deal marks Building Controls & Solutions’ sixth acquisition in the past four years, according to an announcement.
Building Controls & Solutions Acquires Minvalco Read More »
Current Lighting Appoints Interim CEO
Bill Tolley will serve as interim CEO, replacing departing CEO Manish Bhandari.
Current Lighting Appoints Interim CEO Read More »
Metals Distributor Ryerson Acquires BLP Holdings
In Houston-based BLP, Ryerson gains a supplier of complex fabrication services and toll processing capabilities.
Metals Distributor Ryerson Acquires BLP Holdings Read More »
Zoro Promotes Mattinson to Company President
Chief Revenue Officer Sandy Mattinson takes over leadership of Grainger’s marketplace subsidiary on April 1 as Kevin Weadick steps down.
Zoro Promotes Mattinson to Company President Read More »
GMS Sees Decelerated Sales Growth in Fiscal 3Q
Net sales increased 7% year-over-year in 3Q, down significantly from 2Q sales growth of 24.4%.
GMS Sees Decelerated Sales Growth in Fiscal 3Q Read More »
Danfoss Acquires German Compressor Maker BOCK
The heating and cooling solutions provider also announced it adding a new compressor and sensor factory in Mexico.
Danfoss Acquires German Compressor Maker BOCK Read More »
Turtle & Hughes Integrated Supply Names New Business Leader
Blake Varbero now leads the national sales efforts for Turtle’s Integrated Supply unit that provides MRO products distribution and services.
Turtle & Hughes Integrated Supply Names New Business Leader Read More »
The Master Group Acquires Refrigeration Sales Corp.
It provides Boucherville, Quebec-based The Master Group with extensive coverage in Ohio and Pennsylvania and represents a significant expansion of the distributor’s U.S. footprint.
The Master Group Acquires Refrigeration Sales Corp. Read More »
Imperial Dade Acquires Trio of Distributors in Canada
The acquisitions come a month after Imperial Dade added Fresno, California-based Focus Packaging & Supply and 14 deals announced in 2022.
Imperial Dade Acquires Trio of Distributors in Canada Read More »
Amazon Business App Adds Purchase Order Closing Feature
The marketplace platform has also launched a new storefront aimed to advance inclusive procurement.
Amazon Business App Adds Purchase Order Closing Feature Read More »
Don’t Leave Money on the Table: The High Cost of Not Having Intelligent Pricing
With a tight economy, distributors must maximize their use of intelligent pricing to maintain the optimal market share mix to achieve the best combination of revenues and margin. Intelligent pricing enables distributors to sell the right product at the right time at the right price to the right customers, enabling them to boost gross profits
Don’t Leave Money on the Table: The High Cost of Not Having Intelligent Pricing Read More »
Feb. Manufacturing PMI Rises Slightly, Remains in Contraction
The well-regarded barometer of U.S. manufacturing rose for the first time since August, but remains in contraction territory for the fourth straight month.
Feb. Manufacturing PMI Rises Slightly, Remains in Contraction Read More »
What Distribution Executives Don’t Understand About Profitability and Pricing
Mike Hockett distills takeaways from a NAW Executive Summit session that featured distribution executives discussing what leading companies do differently when it comes to profits and pricing strategy.
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What Distribution Executives Don’t Understand About Profitability and Pricing Read More »
Evergreen Marketing Rebrands as Evergreen Supply Network
Changes also include a newly redesigned logo, new website and a complete building renovation, the company announced.
Evergreen Marketing Rebrands as Evergreen Supply Network Read More »
Lowe’s 4Q Sales Reach $22.4B
Lowe’s reported that 4Q sales increased slightly year-over-year but decreased sequentially from 3Q 2022.
Lowe’s 4Q Sales Reach $22.4B Read More »
Nonresidential Construction Spending Rises 0.3% in January
Spending, however, was down on a monthly basis in seven of the 16 nonresidential subcategories, according to an ABC analysis.
Nonresidential Construction Spending Rises 0.3% in January Read More »
