Winsupply Names Vendors of the Year
The Winsupply Preferred Vendors that won in each category were chosen based on several criteria, the most important of which was being a leader in growing the segment's business over the past year.
April 2020
IRCG’s Weekly Pandemic Revenue Index Shows 14.8% Decline
So far, all but one participant in the Pandemic Revenue Index has realized an aggregate sales decline over the past five weeks with an average decline of 22.4%.
Lawson Products Q1 Sales Rise 8.2%
The company reported profit of $12.5 million, compared to $4.1 million in the same period a year ago.
Pentair Q1 Sales Up 3%
Industrial & Flow Technologies sales were down 3% compared to sales for the same period last year.
Stanley Black & Decker’s Sales Down 6% in First Quarter
The company reported a 7% organic decline primarily related to impacts from COVID-19.
Company-Wide Dashboard Displays COVID-19 Impact for SPI Health and Safety
Executives at the health and safety distributor review key performance indicators each week in order to actively monitor how the coronavirus is affecting the business. The dashboard is helping to shape how SPI will move forward, says COO Kim Levesque.
IRCG’s Weekly Pandemic Revenue Index Shows 14.8% Decline
So far, all but one participant in the Pandemic Revenue Index has realized an aggregate sales decline over the past five weeks with an average decline of 22.4%.
Lawson Products Q1 Sales Rise 8.2%
The company reported profit of $12.5 million, compared to $4.1 million in the same period a year ago.
Stanley Black & Decker’s Sales Down 6% in First Quarter
The company reported a 7% organic decline primarily related to impacts from COVID-19.
Avery Dennison Sales Down 1% in 1Q
The company reported a profit of $134.2 million, compared to a loss of $146.9 million during the same quarter last year.
RS Components Uses Pandemic ‘Pause’ to Enhance Customer Value
Customers looking to reset after COVID-19 disruption will want efficiency gains made possible by data, digitization and automation, says Suroor Anwar, VP at the electronic products distributor.
Real U.S. GDP Down 4.8% in 1Q According to Advance Estimate
In the fourth quarter of 2019, real GDP increased 2.1%.
ABB’s Sales Fall 9% in Q1
The company reported profit of $376 million, a 30% drop when compared to the year-ago period.
3M’s Sales Up 2.7% in 1Q
Safety and Industrial group sales of $2.9 billion were down 1% in U.S. dollars.
Coronavirus Accelerates Timeline for Changes at Stellar Industrial
The industrial distributor is encouraging a company-wide focus on opportunities to improve operational efficiencies, including making some COVID-19-induced changes permanent. President and CEO John Wiborg is also elevating ROI expectations from existing technology investments.
