Avnet Appoints Interim CEO
Electronics distributor Avnet names Phil Gallagher as interim replacement for outgoing CEO Bill Amelio and also announces preliminary fourth-quarter financial results.
Avnet Appoints Interim CEO Read More »
2020
HARDI Distributors Report 24.3% Revenue Jump in June
Heating, Air-conditioning & Refrigeration Distributors International’s monthly TRENDS report shows a huge spike in HVAC distributors’ revenue, marking a “solid start for the cooling season,” says HARDI analyst Brian Loftus.
HARDI Distributors Report 24.3% Revenue Jump in June Read More »
Nationwide Plastics Dallas Rebrands as Curbell Plastics Arlington
Nationwide Plastics Inc., a division of Curbell Plastics Inc. since its acquisition last August, on Monday announced it has rebranded as Curbell Plastics Arlington.
Nationwide Plastics Dallas Rebrands as Curbell Plastics Arlington Read More »
AD Member Sales Decline 6% in First Half of 2020
Buying group AD, however, grew its rebate distributions 1% despite the softness of the market due to the COVID-19 pandemic.
AD Member Sales Decline 6% in First Half of 2020 Read More »
Motion Industries Acquires Two Companies
Motion Industries, a subsidiary of Genuine Parts Co., announced Monday it has acquired Canada-based TRC Hydraulics and California-based F&L Industrial Solutions.
Motion Industries Acquires Two Companies Read More »
How to Transform Your Business During a Pandemic: MDM’s Top Blogs of July
Bloggers answer distributor questions on how to manage COVID-19-induced business changes.
How to Transform Your Business During a Pandemic: MDM’s Top Blogs of July Read More »
Heritage Landscape Acquires Stone Center of Indiana
Heritage Landscape Supply Group, a subsidiary of SRS Distribution, adds Stone Center’s two locations to its portfolio.
Heritage Landscape Acquires Stone Center of Indiana Read More »
Lawson Products Reports Second Quarter Results
CEO Michael DeCata reports the company is positioned for solid future growth, including acquisitions.
Lawson Products Reports Second Quarter Results Read More »
Amazon Sees Net Sales Increase 40% in ‘Highly Unusual Quarter’
The company’s second quarter financial results report $5.2 billion in net income.
Amazon Sees Net Sales Increase 40% in ‘Highly Unusual Quarter’ Read More »
IRCG Weekly Pandemic Revenue Index Shows 7.6% Decrease
IRCG’s weekly comparison of distribution business to previous year’s data reflects ‘unnerving sense of stability.’
IRCG Weekly Pandemic Revenue Index Shows 7.6% Decrease Read More »
PTDA Adds 6 New Members
The Power Transmission Distributors Association on July 30 announced the association for the industrial power transmission/motion control distribution channel has welcomed six new member companies.
PTDA Adds 6 New Members Read More »
July M&A Roundup: Volume Holds Steady for Second Month
Though not where it should be in a typical July, distribution M&A activity reached double-digit transactions for a second straight month. Our M&A Roundup recaps deals from LINC Systems, Core & Main, SRS Distribution and more.
July M&A Roundup: Volume Holds Steady for Second Month Read More »
Tracking COVID-19’s Destructive Path
The severity of the coronavirus crisis has exceeded that of the Great Recession more than 10 years ago, and while distributors haven’t been spared the impact of COVID-19, the industry is faring better than most.
Tracking COVID-19’s Destructive Path Read More »
Winsupply Appoints Two Executives
Dayton, Ohio-based distributor Winsupply names Jeff Dice president, Equity Group, and Chris Schrameck, VP, information technology.
Winsupply Appoints Two Executives Read More »
Second Quarter 2020 Distribution Markets Forecast
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Second Quarter 2020 Distribution Markets Forecast Read More »
Commentary: Rethink the Automatic Price-Dropping Response
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MDM-Baird Distribution Survey: 4 Burning Questions as Pandemic Market Disruption Persists
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Advance Report: New Orders for Durable Goods Grew 7.3% in June
Increase of manufactured durable goods is second in a row following the double-digit growth in May, which had been preceded by two decreases during the height of the coronavirus crisis.
Advance Report: New Orders for Durable Goods Grew 7.3% in June Read More »
Download this Issue as a PDF: July 25 2020
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Download this Issue as a PDF: July 25 2020 Read More »
Pandemic Sales Help Grainger in 2Q, Traditional Product Mix on Upswing
Grainger’s sales dipped 2% last quarter as pandemic-related sales (e.g., PPE) again offset softness in its traditional product line, but non-pandemic sales are showing signs of life.
Pandemic Sales Help Grainger in 2Q, Traditional Product Mix on Upswing Read More »
