IWDC, DDS Partner on eCommerce Offering
The duo aims to help IWDC distributors better serve their customers through access to digital product content from its network of manufacturers.
May 4, 2023
ADI Global Distribution Posts Flat 1Q Revenue as Margin Dips
Parent company Resideo Technologies noted that ADI's eCommerce channel grew 17% during the quarter.
FleetPride Acquires Frame Service Inc. in Indiana
The acquisition is FleetPride's first since the distributor appointed Kevin Weadick, formerly of Zoro, as its president.
NOW 1Q Revenue Jumped 23.5% from a Year Earlier
The oilfield products distributor's 1Q growth far outpaced that of the global rig count, powered by sales in the U.S. and international.
Pye-Barker Enters Michigan, Acquires Vanguard Fire & Security
Vanguard is Pye-Barker's third acquisition of 2023 after the safety products distributor made 23 bolt-ons in 2022.
Wesco International’s Strong Growth Continued in 1Q
While down somewhat from its 4Q22 figures, Wesco posted more double-digit sales growth in 1Q despite harsh market headwinds.
The State of Data Analytics in Distribution
See MDM’s latest research into the utilization of data analytics in distribution — including barriers, frequency, application areas, prioritization, planned investment & more.
The Cost of Poor Inventory Management
Jon Byrd advises on the costs of various challenges standing in the way of distributors' inventory strategies, and how to overcome them.
Stanley B&D 1Q Sales Fall 12% on Lower Volume
The industrial tools manufacturer also announced a new leader for its Tools & Outdoor segment.
City Electric Supply Opened 13 New Branches in 1Q
Among the new locations are three in Texas, two in Tennessee, one in Puerto Rico and several across the Midwest.
Fastenal April Daily Sales Up Despite Weak Nonres Construction
The company's year-over-year daily sales growth accelerated after several months of decline, powered by sales to manufacturing customers.
