Wholesale reveneus likewise ended the year on a monthly uptick.
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AD owner/members total sales increased 5% in 2023 vs. 2022.
The results showed a continued slide in year-over-year and sequential sales growth that reflected an industry-wide demand slowdown.
Former Rexel USA and Mayer executive Wes Smith served as NAED Chairman from 2020-2022.
The Senate bill requests $60.1 billion for Ukraine aid, $14.1 billion for Israel and $20.2 billion to improve security at the U.S. border.
The company saw a sharp deceleration in daily sales, hampered by weather impacts during the month.
Presented at NAW’s Executive Summit, the accolade recognizes the efforts of wholesaler-distributors and individual efforts to benefit the industry and those within it.
It grows Singer's footprint to 100+ locations and over 1,400 employees while boosting its on-site hose repair presence.
XTEN-AV provides a collaborative software platform for integrators to conceptualize designs and streamline proposal processes.
Bought for $146 million, Friulair has 215 employees and has annual revenue of about $65 million.
Springfield, MA-based Allston is a single-location JanSan distributor with roots dating back to 1945.
January's figure still indicated contraction for a 14th consecutive month, but at a much slower pace than almost all of 2023.
The MRO supplies distribution giant expects the 1.2-million-square-foot facility to open in 2026.
For the year, member distributors saw overall 12-month sales decline by 0.3%.
Joyce Orlob Evans — the daughter of the company's founder — played an active role in the MROP distributor throughout her life.
Exports of industrial supplies saw a healthy rebound from a November decline.
Following their biggest gain in 28 months during November, orders were virtually unchanged in December.
While the figure decelerated from 3Q23’s robust 4.9% growth, it easily topped forecasts and suggested continued economic resilience.
The National Association of Wholesaler-Distributors and Modern Distribution Management have combined in a move that unlocks a wealth of data-driven intelligence for NAW members and MDM subscribers.
DPA University is an online educational portal that offers product training and courses to all DPA distributors and their employees.