According to the Industrial Production and Capacity Utilization Report, manufacturing output increased 3.4% during the month, but it was still 8% below its pre-pandemic February level.
Industrial Production Rises 3% in July Read More »
The post-COVID environment, which could become the worst recession in our lifetimes, will require a new approach to customer service and distributors need to begin adapting now. Ray Grady, the CEO of cloud-based solutions provider Conexiom, explains why.
How Can You Delight and Retain Customers in a Post-COVID World? Read More »
Association is the latest to move its trade show to a virtual event; the ISSA Show North America will take place online instead of live Nov. 16-19.
ISSA Show North America Goes Virtual Read More »
The U.S. Census Bureau announced that the combined value of distributive trade sales and manufacturers’ shipments and inventories for June was down from last year.
Manufacturing and Trade Shipments Down in June Read More »
The North American Building Material Distribution Association (NBMDA), Chicago, Illinois, this week released the results of the NBMDA Quarterly Sales Trend Survey for the second quarter of 2020.
NBMDA Distributors Report Q2 Sales Decline, Optimism for 3Q Read More »
Lowes announces a host of supply chain initiatives as it looks to improve same-day and next-day fulfillment options for customers.
Lowe’s to Accelerate Supply Chain Capabilities Read More »
Heritage Landscape Supply Group Inc., a wholly owned subsidiary of SRS Distribution Inc., has added another asset to its portfolio with the acquisition of Boise, Idaho-based Silver Creek Supply.
Heritage Landscape Supply Acquires Silver Creek Supply Read More »
It’s a new era at WESCO International, which rode the acquisition of Anixter International to a 2Q revenue and EPS beat in its first earnings report since the epic deal closed in June. But pitfalls remain as a massive integration looms for the two distribution giants.
WESCO Already Seeing Impact of Anixter Addition in ‘New Era’ Read More »
With the acquisition of Wise Safety & Environmental, Portland, Oregon-based distributor Mallory expands national footprint with 24-hour delivery, MRO and industrial services including vending, training and supply-chain management.
Mallory Safety Acquires Wise Safety Read More »
Mill Road Capital Management LLC and its affiliated funds last week made an offer of $2.75 per share for the building materials distributor.
Huttig Building Products Acknowledges Receipt of PE Firm’s ‘Unsolicited’ Offer Read More »
Responses vary widely among participants in this week’s PRI, which Indian River Consulting Group has been running since the start of the COVID-19 pandemic.
IRCG Weekly Pandemic Revenue Index Shows Slight Decrease Read More »
Naperville, Illinois-based hand tool manufacturer C.H. Hanson has acquired Cleveland-based Superior Tool, which has been making plumbing tools since the 1940s.
C.H. Hanson Acquires Superior Tool Read More »
Sales increase 10% in the Americas as 3M appears to have turned a corner related to uncertainty surrounding the COVID-19 pandemic.
3M’s July Sales Up 6% Read More »
Amazon’s new fulfillment center and delivery station in the Dallas-Fort Worth metroplex town will create hundreds of new full-time jobs and give the company faster delivery times in the area.
Amazon to Build Fulfillment Center in Forney, Texas Read More »
In its first earnings report since completing the $4.5 billion acquisition of Anixter International Inc., WESCO notched a loss of $34.5 million.
WESCO’s Q2 Sales Down 2.9% Read More »
Market conditions weren’t favorable for Applied Industrial Technologies Inc. in the fiscal fourth quarter, but the distributor navigated the COVID-plagued business landscape as well as possible thanks to cost-reduction measures it will extend into 2021.
Applied Making Right Cost-Control Moves, but Tough Environment Lingers Read More »
Roofing distributor names Samuel Guzman Jr. to role, replacing interim CAO Thomas Schmitz.
Beacon Appoints Chief Accounting Officer Read More »
The seasonally adjusted Fastener Distributor Index (FDI) for July was 54.6, consistent with improving momentum (above 50 reading) but at a slower rate versus the improvement seen in June.
Fastener Distributor Index for July Consistent with Prior Month Read More »
Like most companies, Applied was impacted in the period by the COVID-19 crisis and saw fourth-quarter sales fall 17.9% over the same period in 2019.
Applied Industrial’s Fiscal 2020 Sales Down 6.5% Read More »
Now that HD Supply has shifted gears to sell White Cap to private equity firm Clayton, Dubilier and Rice for $2.9 billion, look for more shifts within the industrial distribution landscape.Â
What HD Supply’s Latest Move Means for Industrial Distribution Read More »
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