Use Analytics to Grow Your Business
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2021
Commentary: We’re Looking for Exemplary Women in Distribution
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MDM is Looking for Exemplary Women in Distribution
MDM’s new award nomination period is open through March 19, 2021.
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Systemax Sales Improve 8.7% in 2020
Systemax, the parent of Global Industrial, also reported fourth-quarter sales jumped 23.3% to $273.9 million.
Systemax Sales Improve 8.7% in 2020 Read More »
Lowe’s 2020 Sales Increase 24.2%
Lowe’s reports fourth-quarter revenue grew 26.7% to $20.3 billion.
Lowe’s 2020 Sales Increase 24.2% Read More »
Pandemic Revenue Index Down 7.2%
Indian River Consulting Group’s (IRCG) weekly Pandemic Revenue Index for the work week of Feb. 15 to Feb. 19 decreased 7.2%, the first decline in weeks likely due to inclement weather nationwide but especially in Texas.
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SiteOne Sales Jump 15% in 2020
Landscape supply distributor SiteOne Landscape Supply Inc. also reported that revenue grew 26% in the fourth quarter.
SiteOne Sales Jump 15% in 2020 Read More »
The 6 Attributes of Super-Profit Companies (laser focus is the key to your goals)
There are certain, specific attributes shared by companies that deliver profit rates three- to five- times the industry average. Most companies can immediately adopt them, and get significant cash-flow and profit gains beginning right away.
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Home Depot’s 2020 Sales Soar 19.9%
For the fourth quarter, the big-box retailer — and now the owner of distributor HD Supply — reported sales grew 25.1% to $32.3 billion.
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SiteOne Landscape Supply Acquires Texas Distributor
Latest acquisition gives SiteOne its fourth dedicated nursery branch in the Houston MSA.
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PPG Completes Acquisition of VersaFlex
PPG completes addition of VersaFlex, a manufacturer specializing in polyurea, epoxy and polyurethane coatings for water and waste water infrastructure, flooring, transportation infrastructure and industrial applications
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Chicago Fed National Activity Index Ticks Up to +0.66 in January
Latest Chicago Fed National Activity Index (CFNAI) shows that all four broad categories of indicators used to construct the index made positive contributions in January, but three categories decreased from December.
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Solve Industrial Motion Group Appoints CEO
Recently formed bearings and power transmission supplier names former COO and CFO Lisa Mitchell as its chief executive.
Solve Industrial Motion Group Appoints CEO Read More »
5 Ways an E-Commerce Strategy Can Strengthen a Distributor’s Playbook
While e-commerce platforms and marketplaces aren’t new, the pandemic is fueling the need for distributors to take a harder look at them. The latest MDM webcast featured Zoro’s Tracy Buelow breaking down how distributors can have a successful presence online.
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Graybar Names VP of Strategic Accounts
Electrical distributor promotes Andrew C. Ipson to key sales leadership role.
Graybar Names VP of Strategic Accounts Read More »
Auburn Bearing & Manufacturing Acquires Aurotek TSB
Auburn Bearing & Manufacturing president says the acquisition “aligns with our strategy to expand our product offerings.”
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Pandemic Revenue Index Up 5%
Indian River Consulting Group’s (IRCG) weekly Pandemic Revenue Index for the work week of Feb. 8 to Feb. 12 increased 5%, returning to the normal growth trend of mid-single-digit improvement.
Pandemic Revenue Index Up 5% Read More »
Residential Building Permits Up 22.5% in January
But housing starts down compared to year-ago period and the previous month, according to the latest residential construction report from the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.
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Digital Transformations Are Key to Distributors Realizing Optimistic Projections for 2021
To make this a successful year, distributors looking to grow their businesses are likely to improve their chances if they grow their digital capabilities, said industry experts Diane Yarrow and David Saunders.
The COVID-19 Pandemic Recovery is On
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