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In The News:

Grainger November Daily Sales Up 5%

Chicago, IL-based Grainger (NYSE: GWW), No. 2 on MDM's 2013 list of top industrial distributors, reported daily sales for November increased 5 percent versus November 2012.

Results included 4 percentage points from acquisitions and a 2 percentage points decline from unfavorable foreign exchange. Excluding acquisitions and foreign exchange, organic daily sales increased 3 percent.

Sales in the U.S. grew 7 percent. Sales in Canada decreased 2 percent (up 3 percent in local currency). Sales in other businesses (primarily Asia, Europe and Latin America) increased 5 percent (up 13 percent in local currencies).

November had 20 selling days this year, one less than November 2012.

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