Fastener Distributor Index Down in August
The seasonally adjusted Fastener Distributor Index (FDI) for August was 49.2, down from 54.6 in July.
September 10, 2020
MSC Industrial’s Sales Dip 9.7% in August
The industrial distributor MSC Industrial said preliminary fiscal fourth-quarter sales were down 12.7% and fiscal full-year sales were down 5.1%.
All Customers and SKUs are Not Created Equal
How distributors can build a successful customer and SKU strategy.
Capital Electric Names New President
Sonepar USA, a Charleston, South Carolina-based subsidiary of Sonepar Group, announced Thursday that Drew Esce has been named president of Capital Electric.
AD Opens New Canada Warehouse, Meeting Center
New facility in Toronto replaces the previous AD warehouse that the buying group had used since its merger with IDI in 2019.
Pandemic Revenue Index Spikes 29.2% Due to Favorable Calendar Comp
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.
