QXO Makes $5B Offer to Buy GMS
Just 50 days after closing on its $11 billion purchase of Beacon, QXO is back in pursuit mode.
QXO Makes $5B Offer to Buy GMS Read More »
June 18, 2025
Amazon CEO: AI Will Reduce Company’s Workforce
In a public letter to Amazon employees, Andy Jassy said the company plans to gradually reduce its workforce as it expands the use of generative AI to automate tasks and reshape operations.
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U.S. Cutting Tool Orders Rose 2.7% in April
U.S. cutting tool consumption rose modestly in April but remains down year-over-year, as market uncertainty and tariff issues continue to delay expected industry growth.
U.S. Cutting Tool Orders Rose 2.7% in April Read More »
Fed Maintains Interest Rate, Still Expects 2 Cuts This Year
It was the third straight meeting in which the central bank held its benchmark interest rate, while going more conservative in its projection for 2026.
Fed Maintains Interest Rate, Still Expects 2 Cuts This Year Read More »
GMS Sales End Fiscal 2025 at $5.5B as Organic Falls 5.8%
GMS reported lower fourth-quarter results amid soft market conditions, with strength in Ceilings and Complementary Products more than offset by declines in Wallboard and Steel.
GMS Sales End Fiscal 2025 at $5.5B as Organic Falls 5.8% Read More »
LINC Systems’ Transformation Levers: Sales, Digital & Data Analytics
The second of this three-part case study series examines how fastener supplies distributor LINC Systems leveraged digital tools and centralized data to strengthen its sales, pricing and customer engagement models.
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LINC Systems’ Transformation Levers: Sales, Digital & Data Analytics Read More »
SRS’ Heritage Pool Supply Appoints New President
Heritage Pool Supply Group appointed a new president with over 30 years of industry experience to lead its growth and strategic direction.
SRS’ Heritage Pool Supply Appoints New President Read More »
AD’s Independent Electrical Unit Appoints Supplier Relations Leader
AD appointed a seasoned industry leader as SVP of Supply Relations for its IESD, bringing channel expertise to strengthen supplier and member growth.
AD’s Independent Electrical Unit Appoints Supplier Relations Leader Read More »
BlackHawk Industrial Appoints New CFO
BlackHawk Industrial named a new CFO, emphasizing the company’s continued investment in leadership to drive financial performance and service.
BlackHawk Industrial Appoints New CFO Read More »
