Fastener Distributor Index Down in August
The seasonally adjusted Fastener Distributor Index (FDI) for August was 49.2, down from 54.6 in July.
The seasonally adjusted Fastener Distributor Index (FDI) for August was 49.2, down from 54.6 in July.
The industrial distributor MSC Industrial said preliminary fiscal fourth-quarter sales were down 12.7% and fiscal full-year sales were down 5.1%.
How distributors can build a successful customer and SKU strategy.
Sonepar USA, a Charleston, South Carolina-based subsidiary of Sonepar Group, announced Thursday that Drew Esce has been named president of Capital Electric.
New facility in Toronto replaces the previous AD warehouse that the buying group had used since its merger with IDI in 2019.
The latest IRCG survey shows a nice bump in distributor revenues primarily to due to the five-day week of Aug. 31 to Sept. 4 comping against a four-day week in 2019 that included the Labor Day holiday.