The company's sales slowed considerably in the second half of the year amid tougher comps and a slumping single-family housing market.
Posts By Mike Hockett
Driven by a sizable decrease in transportation equipment, it followed a strong 5.1% increase in December.
We break down the building supplies distributors' 4Q and full-year financials, which included a company-record $8.4 billion in 2022 sales.
John Kerkhove takes the position after serving as President of Horizon Solutions, which Rexel acquired in July 2022.
The Brecksville, Ohio-based company gains new U.S. leadership, adding one outside hire and promoting another.
MiddleGround Capital gains a digital manufacturing platform investment in MegaTech, which provides high-precision, low volume machined parts.
It's FleetPride's second deal of the year after making 10 acquisitions in 2022.
The move looks to help Amazon keep pace with the well-established eBay Motors marketplace.
The electrical distributor will have a new Richmond, Virginia District VP and a new technology head on April 1.
Mike Hockett chats with Packer Fastener Co-Founder and CEO Terry Albrecht about how the distributor's culture and youth-driven energy have worked wonders for talent recruitment and retention.
A half-dozen distributors made Forbes' 2023 lists for Best Midsize and Large Employers, including a few on MDM's Top Distributors lists.
From a trio of short interviews at the recent NAW Executive Summit, distributor leaders tell us about their top challenges and how demand is faring as of early 2023.
What should we expect in economic performance, inflation, labor and more in the next two years? Mike Hockett distills takeaways from Alan Beaulieu’s economic outlook presentation at the NAW Executive Summit.
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We chat with ISA President Brendan Breen to preview ISA23 in April, how the association has evolved to focus on year-round engagement and what he's hearing from members about business conditions.
The Green Bay, Wisconsin-based distributor said the restructuring sets the foundation for figure growth and expansion.
Analysis of the latest M&A deals and exclusive results from the 4Q22 Baird-MDM Industrial Distribution Survey highlight January's report.
More than a handful of companies on MDM's 2022 Top Distributors list garnered the reputation-based honor from Fortune.
It was the index's ninth straight month of decline, and third straight in contraction territory.
As a primer to MDM's Feb. 22-23 Virtual M&A Summit, we chat with MSC Industrial Supply leaders Erik Gershwind and Jim Drohan about the company's recently aggressive M&A strategy.
In our latest QuickTake Podcast, Dorn Group's James Dorn shares how he sees a perfect storm brewing for private label investment as softening inflation and supply chain pressures add tailwinds to its equation.
