QuickTake: Drive Profit with Active Category Management
James Dorn and Tom Gale outline ways to leverage manufacturer incentives, create strategic tiered suppliers at a product category level and capture every available dollar before year-end.
October 27, 2023
MarketPulse: 3Q23 Stays in the Red as Markets Continue Settling
3Q23 revenue growth for industrial sectors declined 0.5%, according to the latest Baird-MDM Distribution Survey. Premium members can get our resulting MarketPulse report now.
Honeywell 3Q Sales Up 3% as Margins Improve
The company reported double-digit organic sales growth in commercial aviation, defense and space and process solutions.
Core & Main to Acquire Enviroscape in Ohio
The deal further boosts their geosynthetics offerings, two months after the opening of a new Southern California facility.
Kennametal Names Former MSA CEO as Chairman
Metalworking supplier Kennametal announced that its Board of Directors appointed William Lambert as Chairman of the Board, effective Nov. 1. Lambert succeeds Lawrence Stranghoener, who is stepping down from the role after serving as either Chairman or Independent Lead Director since 2015. Stranghoener will remain on the Board of Directors and serve on its Audit …
SKF 3Q Sales up 3%; Exploring Aerospace Divestments
The bearings maker said it's eyeing the sale of non-core Aerospace product lines, which include seals, rings and PEDs.
Home Depot Religns Execs to Boost Pro Offering
In line with The Home Depot's efforts to grow its underserved Pro market, the retail giant has named two executives to help lead the charge.
Stanley B&D 3Q Sales Fall 4%, But Gross Margin Jumps
Year-over-year sales declines continued at the toolmaker, but gross margin and operating margins improved substantially.
