ABC Supply’s CEO shares a scaling secret that defies business school teachings. Learn how decentralization fueled the building supply distributor’s rise to the top.
How Decentralization Helped Scale ABC Supply to a $20B Distributor Read More »
The WTO predicts a 2.7% increase for the rest of 2024 and 2025, while cautioning about potential setbacks from regional conflicts.
WTO Raises 2024 Goods Trade Outlook, Sees Slower 2025 Read More »
The replacement tires supplier secured a $250 million financing agreement with a lender group to support its restructuring efforts.
American Tire Distributors Files for Bankruptcy for 2nd Time in 6 Years Read More »
The company reported a slight increase in sales to $1.1 billion, driven by acquisitions, offset by mixed demand trends.
Applied 1Q Sales Up 0.3%, Organic Down 3% Read More »
Although sales decreased, the full-year gross margin increased by 70 basis points compared to the previous year, reaching 41.2%.
MSC Sees Steep 4Q Profit Slide as Sales Fall 8% Read More »
NEFCO strengthens its Texas presence with the acquisition and expands to 43 branch locations in the U.S.
NEFCO Acquires Sheinberg Tool in Corpus Christi Read More »
The IMF projects a decrease in global inflation while predicting slower 2025 economic growth in the U.S. and other regions.
IMF: Global Inflation to Cool to 4.3% by End of 2025 Read More »
HCI has formed Driven Distribution Group via acquiring Chicago Parts & Sounds, a distributor of auto parts and accessories.
HCI Equity Launches Automotive Aftermarket Distributor with Chicago Acquisition Read More »
Southern California-based Triumph Geo-Synthetics is a geosynthetics and erosion control solutions distributor.
White Cap to Acquire Triumph Geo-Synthetics in Anaheim Read More »
The company’s 3Q results showed stronger unit sales and digital growth, despite slight decreases in gross and operating margins.
Watsco 3Q Sales Rise 2% YoY, Margin Narrows Read More »
We polled nearly 200 distributors about how their budgets for attending industry events has changed in the past several years. Here’s what the data told us.
MDM Research: Large Distributors Spending Less on Industry Events Read More »
The new executive will oversee supply chain, manufacturing and operations at the PPE, safety and tools maker.
SureWerx Appoints Supply Chain Leader Read More »
PTDA and BSA expanded PIE, a product information platform for industrial manufacturers and distributors, to 32 offerings.
PTDA & BSA Add 4 Categories to PIE Technology Platform Read More »
3M reported a 1.0% year-over-year increase in organic growth.
3M Safety & Industrial Organic Sales Tick Up in 3Q Read More »
The appointments are aimed at driving growth and transformation within the company through strong leadership, effective Jan. 1.
Graybar Appoints 5 Key Executives Read More »
Rexel posted modest U.S. sales growth, reflecting strong performance in core electrical distribution despite weather-related challenges.
Rexel 3Q U.S. Sales Up 1.1% YoY Read More »
Freshwater Farms is a distributor of hardscapes, bulk materials and nursery products.
SRS’ Heritage Acquires Fellow Landscape Distributor in New Hampshire Read More »
Year-over-year sales and profit continued to slide at Motion, reflecting challenges in the industrial sector.
Motion 3Q U.S. Sales Down 1.2% YoY Read More »
Chem Arrow is a California-based supplier of lubricants to the HVAC market.
France’s Motul Acquires Metalworking Fluids Maker Chem Arrow Read More »
The tentative agreement omits a traditional pension plan while Boeing contends with workforce reductions and financial restructuring.
Boeing, Union Reach Tentative Deal for 35% Increase Read More »
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