Organic growth was more moderate for Interline Brands, at 1.8%.
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Latest In Interline Brands
In 2013, MDM profiled two Market Leaders, who are among the largest distributors in their market segments.
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This article is available in the 2013 Distribution Trends Report. This is an interview with Ken Sweder, president and COO of Interline Brands, one of the Top 40 Industrial Distributors in 2013. Interline Brands has made significant changes in its product mix, expanding aggressively in the jan-san space. Sweder talks about those changes in this conversation with Editor Lindsay Konzak.
The annual report was researched and written by MDM editors based on interviews with dozens of wholesaler-distributors, as well as industry experts and manufacturers. MDM also conducted a survey of its readers to uncover the trends outlined in this report.
The full report is available to download in PDF format to MDM Premium subscribers. Subscribe below for full access. Or log-in if you are already a subscriber.
Trends outlined in the 2013 report include:
- Generational Shift Drives Changes in Technology, Customer Expectations
- Hiring in Distribution Complicated by Lack of Visibility, Shifting Needs
- The Rise of Little Data in Distribution
- Distributors Get Smarter About Vending
- Distributors Get Aggressive with Inventory Management
- Vendor, Distributor Consolidation Continues
- Wallet Share, Customer Demands Drive Channel Convergence
- Other Trends
- Trend Snapshots for 14 Sectors
The report also includes the following case studies and interviews:
- 2013 MDM Market Movers
- Replenex Builds Culture of Cost Savings
- A&M Industrial Finds Niche in Essential Services
- Strategic Planning Pays Off for Machinery Tooling & Supply
- MDM Market Leader Profiles
- Interline Brands’ Focus on Jan-San
- Arrow Electronics Plots a Global Course
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John Bakewell will serve as CFO for the MRO distributor.
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CEO: Including JanPak acquisition, institutional facilities growth passed 50 percent.
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Interline Brands recorded a net loss of $15.6 million for the fiscal year.
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JanPak has 17 distribution centers across the Southeast and South Central U.S.
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Organic sales for the facilities maintenance end-market grew 7.5 percent.
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Interline Brands will become a private company.
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Sales up 5.4% for Interline in the first half of the year.
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Shareholder litigation firm Ryan & Maniskas is investigating possible breaches of fiduciary duty by Interline Brands’ board of directors.
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Interline (NYSE: IBI) can solicit other offers through June 28.
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Distributors have many options these days to serve their customers: Find the one that’s right for each relationship.
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Profit for the MRO distributor increased 8.7 percent.
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Year-to-date average organic daily sales were up 3.3% for Interline.
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Interline’s facilities maintenance end-market grew 24.9% in the quarter.
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The MRO distributor reported broad-based improvement across all end markets.
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Fourth-quarter growth partially driven by jan-san acquisitions, which account for one-third of Interline’s sales.
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COO Kenneth Sweder will be the MRO distributor’s next president.
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Third-quarter sales for the distributor of MRO products fell slightly.
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