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Membership growth for the contractor and industrial supplies buying group has outpaced the impact of consolidation, AD CEO Bill Weisberg said.
As expected, DSG's organic sales declined compared to a year ago but sequential improvement was driven by increased sales in many end markets.
CEO D.G. Macpherson noted a "slow, but generally stable" demand backdrop.
Star Stainless will stock and supply BUMAX stainless steel products to fastener distribution and industrial suppliers across the U.S.
The beverage alcohol distributor is set to add Horizon Beverage Group alongside numrous ongoing sales, digital and supply chain investments.
Romy O’Daniel now leads the distributor after roles at Crescent Electric, HD Supply and Grainger.
Fed Chair Jerome Powell noted a long-awaited rate cut could happen as soon as mid-September, but was far from committal.
The distributor noted cautious customer purchasing and mixed monthly revenue performance.
Tom Gale and Mike Marks discuss the biggest challenges distributors face as they transition from a traditional outside-generalist sales process to a more adaptive, digital-forward go-to-market model.
See who Kodiak has promoted to succeed current CIO Brad Becker upon his retirement at the end of the year.
