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In The News:

Grainger May Sales Fall 10%

Grainger, Chicago, IL, reported daily sales in May 2009 declined 10% versus May 2008, primarily the result of weak demand across all customer end-markets and geographies. Foreign exchange negatively affected sales by approximately two percentage points.
Sales from pandemic related product as a result of the H1N1 virus outbreak positively affected sales by one percentage point.
U.S. sales were down 9%; Canadian sales were down 14% (down 1% in local currency). Sales from Other Businesses were down 17%.

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