Alibaba’s E-Commerce Growth Slows in 1Q
While Alibaba’s commerce ecosystem continued to thrive in the first quarter, it did so at a slower rate as it faces increased regulatory scrutiny.
August 10, 2021
McNaughton-McKay to Buy Caniff Electric Supply
McNaughton-McKay’s deal to acquire Hamtramck, Michigan-based Caniff Electric Supply is expected to close in early December.
Caster Concepts Promotes Backinger as VP of Sales
Backinger served as Castor Concepts' director of sales, among other positions at the company, prior to his recent promotion.
US Foods’ 2Q Sales Up 68%
In the second quarter, US Foods posted earnings 58 cents per share compared to a loss of 25 cents per share a year ago.
Core & Main Wraps Up Acquisition of Pacific Pipe
Core & Main’s Pacific Pipe deal was the company's 13th acquisition since becoming an independent entity in 2017.
GMS’ Buying Spree Continues
As part of its ongoing expansion efforts, GMS also announced the recent openings of five greenfield locations.
