Fortive to Repurchase Up to 20M Shares
Fortive Corp. says its board authorized a repurchase program under, which Fortive may purchase up to 20 million shares of its common stock.
Fortive to Repurchase Up to 20M Shares Read More »
2022
SiteOne 4Q Sales Up 19%
The Roswell, Georgia-based landscape company also reported 2021 year-end net sales of $3.48 billion, a 29% jump over 2020.
SiteOne 4Q Sales Up 19% Read More »
Resideo Acquires Arrow Wire & Cable
The global provider of security solutions and security and audio-visual products announced it has acquired the California-based company.
Resideo Acquires Arrow Wire & Cable Read More »
New Residential Construction Up in January
Privately‐owned housing units authorized by building permits in January were at a seasonally adjusted annual rate of nearly 1.9 million.
New Residential Construction Up in January Read More »
Trade Sales and Manufacturers’ Shipments Drop in December
The Census Bureau says the combined value of distributive trade sales and manufacturers’ shipments for December dropped 0.7% from November.
Trade Sales and Manufacturers’ Shipments Drop in December Read More »
Advance Retail, Food Services Sales Rise in January
Advance estimates of U.S. retail and food services sales for January were $649.8 billion, an increase of 3.8% from December.
Advance Retail, Food Services Sales Rise in January Read More »
Pool Corp. 4Q Sales Reach $1B
The company’s net sales for the fourth quarter of 2021 reached a ‘record’ $1 billion, while total yearly sales topped $5 billion.
Pool Corp. 4Q Sales Reach $1B Read More »
8 Questions Every Distributor Should Answer Before Building an E-commerce Site
B2B e-commerce is unique, and the formulas that work for B2C don’t apply to B2B. How do distributors create a digital shopping experience that will resonate with their customers?
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Deep Dive: In Pursuit of Proximity
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Deep Dive: In Pursuit of Proximity Read More »
Ace Hardware Yearly Revenue Up 10.7%
Ace Hardware Corporation reported record 2021 total revenues of $8.6 billion and 4Q revenues of $2.1 billion.
Ace Hardware Yearly Revenue Up 10.7% Read More »
Wholesale Inflation Up 9.7% in January
Price pressure trends continue as last month’s wholesale inflation was 9.7% higher than January 2021, the Bureau of Labor Statistics said.
Wholesale Inflation Up 9.7% in January Read More »
JGB Enterprises Rebrands as Echelon Supply and Service
The company says the rebranding will unify its growing team under one name to ‘better demonstrate our consolidated North American presence.’
JGB Enterprises Rebrands as Echelon Supply and Service Read More »
MDM Podcast: The Power of Analytics for Distributors
In this week’s MDM podcast, ProfitOptics CEO Tony Pericle shares his passion for how distributors can use analytics and technology to make better decisions. He discusses prescriptive analytics, AI, workflow automation, profit optimization and more.
MDM Podcast: The Power of Analytics for Distributors Read More »
Global Industrial: Sales Up Overall Despite Down 4Q
Consolidated sales in 2021’s 4Q decreased 4.3% compared to the prior year, but overall annual sales were up 3.3%.
Global Industrial: Sales Up Overall Despite Down 4Q Read More »
MRC Global Yearly Sales Top $2.6B
Pipes, valves and fittings distributor MRC Global Inc. reported 2021 4Q sales of $686 million, an 18% increase over 2020.
MRC Global Yearly Sales Top $2.6B Read More »
Gryphon Investors Acquires Benoist Brothers
The private equity firm acquired Benoist Brothers Supply Co., a Midwest-based regional distributor of HVAC/R equipment, parts and supplies.
Gryphon Investors Acquires Benoist Brothers Read More »
US Foods to Split CEO, Chair Roles
The board of directors for one of the largest foodservice distributors in the U.S. has decided to separate the roles of CEO and chair.
US Foods to Split CEO, Chair Roles Read More »
WESCO Reports ‘Record’ 4Q Sales
WESCO International Inc. reported 2021 fourth-quarter sales of $4.9 billion, a 17.5% increase over the same quarter in 2020.
WESCO Reports ‘Record’ 4Q Sales Read More »
Genuine Parts Increases Dividend 10%
Genuine Parts Company announced an increase in the regular quarterly cash dividend for the 66th consecutive year.
Genuine Parts Increases Dividend 10% Read More »
How 4 Distributors are Building Supply Chain Resilience
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