The layoffs came as the overall U.S. economy gained 311,000 jobs in February.
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Chief Revenue Officer Sandy Mattinson takes over leadership of Grainger's marketplace subsidiary on April 1 as Kevin Weadick steps down.
The move looks to help Amazon keep pace with the well-established eBay Motors marketplace.
The cuts are nearly double the 10,000 layoffs Amazon said it was targeting in November.
Mike Hockett dives into the numbers behind Grainger’s $1 billion U.S. digital marketplace, what Zoro has done to support its rapid growth and why there’s no slowdown in sight.
It's the first time Zoro has reached $1 billion in sales over the course of a calendar year.
Along with the list, Applico’s new report found that B2B marketplaces raised $2.2 billion in 2021 investment and $1.7 billion in the first nine months of 2022.
Fastenal’s eCommerce sales represent 17.4% of total company year-to-date sales, the company announced.
Amazon Business's second annual Procurement Report shed some light on the state of the distribution industry and where it might be headed.
Mike Hockett breaks down the opening keynote presentation at MDM’s SHIFT Conference, which featured plenty of new market data from McKinsey & Company.
As MDM’s latest webcast discussed, the mere existence of eCommerce is no longer a competitive edge, as customization features are now expected by many B2B buyers.
Mike Marks and Tom Gale examine a California lawsuit against Amazon, the broader trade practices at play for distributors and the broader issues for how distributors can differentiate with stronger value propositions.
The eCommerce giant was also sued Sept. 14 by the State of California for violating anti-trust and unfair competition laws.
Critical to improving the customer experience, eCommerce integration is especially important given the current market reality of stockouts and labor shortages.
A recent MDM webcast discussion explores the proliferation of distribution-specific marketplaces and the nuance involved.
The features address unique requirements of B2B customer relationships and transactions in manufacturing and distribution, Aliaswire said.
For companies looking to turn visitors into repeat customers, a high-performing search engine has become a key factor in building an effective online marketplace, a new whitepaper states.
With new B2B marketplaces now popping up regularly, distributors have come to embrace them as a means to compete and grow.
The company is looking to sublet at least 10 million square feet of excess space following its first quarterly loss since 2015.
The first electrical equipment distribution marketplace for professionals in France confirms Sonepar's 'omnichannel ambitions,' it says.
