CEO Litwin to Depart Global Industrial on Aug. 9
Barry Litwin has been the distributor’s top executive since early 2019 and has overseen considerable company innovations in his tenure.
CEO Litwin to Depart Global Industrial on Aug. 9 Read More »
Global Industrial Company
Global Industrial 1Q Comparable Sales Rise 4.2%
That’s down from 5.1% in 4Q, as Global’s 2Q23 acquisition of Indoff Inc. continued to inflate its year-over-year results.
Global Industrial 1Q Comparable Sales Rise 4.2% Read More »
Indoff Buy Keeps Powering Global Industrial Growth as Annual Sales Near $1.3B
The distributor saw healthy 4Q organic growth, too, with comparable sales up 5.1% excluding GIC’s May 2023 acqusition of Indoff.
Indoff Buy Keeps Powering Global Industrial Growth as Annual Sales Near $1.3B Read More »
Global Industrial Expands Richard Childress Racing Sponsorship
The distributor returns as a multi-race primary partner in the NASCAR Xfinity Series and will debut in the Cup Series.
Global Industrial Expands Richard Childress Racing Sponsorship Read More »
Global Industrial Sales Jump 18.8% on Indoff, Organic Growth
The company’s Spring 2023 acquisition of office products distributor Indoff powered most of the growth, while volume also improved.
Global Industrial Sales Jump 18.8% on Indoff, Organic Growth Read More »
How Global Industrial Became a Distribution Outperformer
Mike Hockett recounts his fireside chat with Barry Litwin at MDM’s SHIFT conference, where the CEO detailed how the company actioned its many recent initiatives.
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Inside Global Industrial’s ‘Engaged’ Sports Marketing
Mike Hockett dives into the distributor’s sponsorship of a NASCAR XFINITY Series race car, focusing on the many benefits the distributor is seeing from it.
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Indoff Deal Helps Global Industrial’s Sales as 2Q Margins Shrink
Excluding Global’s $69 million acquisition of Indoff that closed in May, 2Q sales were down 5.2% year-over-year.
Indoff Deal Helps Global Industrial’s Sales as 2Q Margins Shrink Read More »
Behind the Deal: Global Industrial Finds Strategic Fit in Indoff
Global Industrial CEO Barry Litwin shares what made Indoff the perfect fit to be the industrial distributor’s first acquisition since 2015.
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Behind the Deal: Global Industrial Finds Strategic Fit in Indoff Read More »
Global Industrial Acquires Indoff for $69M
Global Industrial says the acquisition expands the industrial distributor’s one-to-one sales reach to new customers and markets.
Global Industrial Acquires Indoff for $69M Read More »
Global Industrial 1Q Sales Drop 5% YoY
The company reported 1Q 2023 gross profit of $98.4 million, down from the $107.8 million reported during the same quarter in 2022.
Global Industrial 1Q Sales Drop 5% YoY Read More »
Global Industrial Opens Toronto Distribution Center, Reports 3Q Earnings
The new DC significantly expands the company’sfootprint in Canada, while its margin and profit dipped in 3Q despite higher sales.
Global Industrial Opens Toronto Distribution Center, Reports 3Q Earnings Read More »
Global Industrial Releases Inaugural ESG Report
The report provides an overview of the company’s commitment to environmental, sustainability and governance initiatives.
Global Industrial Releases Inaugural ESG Report Read More »
