Martin Supply Marks 90 Years in Operation
From its modest origins in 1934, MRO distributor Martin Supply has expanded its footprint to encompass 48 distribution centers and sites.
Martin Supply Marks 90 Years in Operation Read More »
2024
Lowe’s 4Q Comp Sales Fall 6.2%; Flat Pro Segment
A pull-back in DIY spending, flat Pro customer sales and unfavorable January winter weather impacted Lowe’s comparable sales numbers.
Lowe’s 4Q Comp Sales Fall 6.2%; Flat Pro Segment Read More »
Advance: Canada Wholesale Sales Down 0.6% in January
Dragged down by building materials and supplies, it followed a 0.3% increase in December.
Advance: Canada Wholesale Sales Down 0.6% in January Read More »
Advance: U.S. Durable Goods Orders Drop 6.1% in January
Driven by a sharp decline in commercial aircraft orders, it was the sharpest one-month drop since April 2020’s 19.3%.
Advance: U.S. Durable Goods Orders Drop 6.1% in January Read More »
AD eCommerce & Marketing Summit Unites Leaders Under ‘Be Different’ Theme
Over 515 attendees gathered for the 2024 AD eCommerce & Marketing Summit to discuss digital and marketing leadership, products and marketing.
AD eCommerce & Marketing Summit Unites Leaders Under ‘Be Different’ Theme Read More »
Data: 2023 U.S. Labor Strikes Jumped to 23-Year High
Thirty-three major work stoppages began in 2023, the most since 2000 when there were 39, according to the U.S. Bureau of Labor Statistics.
Data: 2023 U.S. Labor Strikes Jumped to 23-Year High Read More »
Returns Platform Continuum Launches for Distributors & Manufacturers
The AI-powered platform is designed for distribution and manufacturing firms to streamline their returns, repairs and warranties management.
Returns Platform Continuum Launches for Distributors & Manufacturers Read More »
Bunzl Posts $15B in 2023 Sales; Makes Pair of Europe Deals
The company agreed to 19 acquisitions during 2023, respresenting a total investment of $593 million.
Bunzl Posts $15B in 2023 Sales; Makes Pair of Europe Deals Read More »
Behind the Deal: Ferguson’s Bolt-On Acquisition Strategy Amplifies Growth
Hear from Ferguson’s CFO on its growth strategy and the acquisitions keeping the plumbing and industrial distribution giant in the headlines.
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Behind the Deal: Ferguson’s Bolt-On Acquisition Strategy Amplifies Growth Read More »
Builders FirstSource 2023 Sales Fell Nearly 25%
However, the year-over-year sales declines improved throughout the year and were down only 4.7% in the fourth quarter.
Builders FirstSource 2023 Sales Fell Nearly 25% Read More »
Grainger Names 12 Nominees for 2024-25 Board
The 12 candidates, all current Grainger board members, will be voted on at the 2024 annual meeting of shareholders.
Grainger Names 12 Nominees for 2024-25 Board Read More »
SurfacePrep Sold from One PE Firm to Another
Ownership of Grand Rapids, MI-based surface enhancement solution distributor SurfacePrep is switching hands after tripling in size.
SurfacePrep Sold from One PE Firm to Another Read More »
Vallen to Buy Wesco’s Integrated Supply Unit for $350M
It will divest the industrial MRO unit out of Wesco, while considerably bolstering Vallen’s product and services offerings.
Vallen to Buy Wesco’s Integrated Supply Unit for $350M Read More »
Ahead of ISA24, Brendan Breen Shares Member Sentiment and What Gives Him Industry Hope
The ISA24 conference is rapidly approaching on April 15-17 in Charlotte, NC. As a primer, we chatted with CEO Brendan Breen on what to expect from the agenda, what he’s hearing from ISA members and what gives him hope about the industry.
Ahead of ISA24, Brendan Breen Shares Member Sentiment and What Gives Him Industry Hope Read More »
PTDA Adds 3 New Members
The Power Transmission Distributors Association added a bearings distributor, a manufacturer and an associate to its membership.
PTDA Adds 3 New Members Read More »
Global Industrial Adds Former Jeld-Wen CEO to Board
Gary Michel fills a vacancy on Global Industrial’s board left by Thomas Suozzi, who resigned after being elected to the U.S. House.
Global Industrial Adds Former Jeld-Wen CEO to Board Read More »
Boise Cascade’s Building Materials Sales Swing to Increase
Building Materials Distribution sales improved 3% year-over-year during 4Q, a stark improvement from a 15% decline in 3Q.
Boise Cascade’s Building Materials Sales Swing to Increase Read More »
BlueLinx 4Q Sales Fall 16% on Price Deflation
A decrease in BlueLinx’s 4Q23 sales reflects a decline in specialty and structural product sales, primarily driven by price deflation.
BlueLinx 4Q Sales Fall 16% on Price Deflation Read More »
Hillman 4Q Comparable Sales Up 3.8% YoY
In 2023, the distributor paid down $160 million of debt and reduced inventory by $100 million while maintaining fill rates above 94%.
Hillman 4Q Comparable Sales Up 3.8% YoY Read More »
Veritiv Acquires Kitting, Packaging Provider Vivabox
Atlanta-based packaging distributor Veritiv added Vivabox Solutions to bolster its existing kitting and assembly capabilities.
Veritiv Acquires Kitting, Packaging Provider Vivabox Read More »
