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Posts By Mike Hockett
The world’s largest home improvement retailer said it won’t raise prices in the wake of tariff impacts, but that some products may be removed from store shelves.
QXO and Beacon frequented MDM's headlines during the first five months of 2025, culminating with QXO's $11 billion purchase of the distributor. With the landmark deal now completed, Craig Webb and Mike Hockett analyze how it happened and what it means for the building materials sector as just the first big move in QXO’s ambitious, acquisitive growth strategy.
After a tariffs-driven jump in February, U.S. wholesale trade sales came back to more normal - though strong - growth in March.
Now live, the mega-issue's content is packed with a wealth of MDM research on how tariffs are impacting distributors' cost of goods sold, investment plans and what they're doing about it; expert analysis on elasticity and the tariff response options at distributors' disposal; and the return of MDM's Women in Distribution feature.
The master wholesaler adds a provider of products specializing in MIG, TIG, plasma, osy-fuel and stick welding styles.
Acquisitions boosted top-line sales, while organic continued to slide.
The U.S. industrial health gauge retreated further into contraction, hampered by lower production and export orders.
The MRO distributor’s High-Touch Solutions segment logged a modest year-over-year sales decline, while Endless Assortment saw double digit growth.
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It followed healthy growth of 2.4% in 4Q24.
The landmark acquisition cements QXO's presence as a major building materials distributor, and it's just getting started.
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This category can only be viewed by members. To view this category, sign up by purchasing MDM Premium Subscription (monthly) or MDM Premium Subscription (annual).
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Now live, the issue's content spans your role as a source of tariff clarity; the business case for women-specific PPE; why QXO relentlessly pursued Beacon; what distributors pay their fleet staff; our latest MDM Forecast; a fasteners market profile; and more.
This new podcast series debuts with an episode sponsored by Grant Thornton, which provides a trio of specialists to discuss the rapidly changing tariff environment and the strategic moves distributors and transportation providers can make to best position themselves for whatever comes next.
After a four-year absence, this well-deserved industry recognition returns as we honor 20 women who have been pivotal to their company’s growth, innovation and leadership.
Ahead of speaking at MDM's May SHIFT conference, Redwood Advisors' John Nantz stops by for a conversation with Tom Gale about significant industry changes driven by market forces, technology advancements and changing customer expectations. Nantz outlines five key imperatives that high-performing distributors are using to stay competitive and differentiate themselves.
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