The 2020 Mid-Year Economic Update_long
Read These First

Veritiv Sales Down 28.3% in 2Q

Veritiv, whose six-month sales dipped 20.6% year-over-year, saw its “ongoing efficiency programs and the temporary actions … to mitigate the impact of COVID-19 led to improved margins,” says CEO.

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Motion Industries
Operations

Motion Industries Acquires Two Companies

Motion Industries, a subsidiary of Genuine Parts Co., announced Monday it has acquired Canada-based TRC Hydraulics and California-based F&L Industrial Solutions.

July 2020 calendar - month page on wooden table in the kitchen
Sales & Marketing

How to Transform Your Business During a Pandemic: MDM’s Top Blogs of July

Bloggers answer distributor questions on how to manage COVID-19-induced business changes.

Heritage Landscape Supply Group
Operations

Heritage Landscape Acquires Stone Center of Indiana

Heritage Landscape Supply Group, a subsidiary of SRS Distribution, adds Stone Center’s two locations to its portfolio.

Lawson Products homepage
Operations

Lawson Products Reports Second Quarter Results

CEO Michael DeCata reports the company is positioned for solid future growth, including acquisitions.

SANTA CLARA,CA/USA - FEBRUARY 1, 2014: Amazon building in Santa Clara, California. Amazon is an American international electronic commerce company. It is the world's largest online retailer.
Operations

Amazon Sees Net Sales Increase 40% in ‘Highly Unusual Quarter’

The company’s second quarter financial results report $5.2 billion in net income.

G-Pandemic-Revenue-Index-July-20-24-2020
Economic Trends

IRCG Weekly Pandemic Revenue Index Shows 7.6% Decrease

IRCG's weekly comparison of distribution business to previous year's data reflects 'unnerving sense of stability.'

PTDA logo
Operations

PTDA Adds 6 New Members

The Power Transmission Distributors Association on July 30 announced the association for the industrial power transmission/motion control distribution channel has welcomed six new member companies.

Word M AND A made with wood building blocks,stock image
mergers and acquisitions

July M&A Roundup: Volume Holds Steady for Second Month 

Though not where it should be in a typical July, distribution M&A activity reached double-digit transactions for a second straight month. Our M&A Roundup recaps deals from LINC Systems, Core & Main, SRS Distribution and more. 

Supply Source Enterprises
Research & Analytics

Tracking COVID-19’s Destructive Path

The severity of the coronavirus crisis has exceeded that of the Great Recession more than 10 years ago, and while distributors haven’t been spared the impact of COVID-19, the industry is faring better than most.

aerial photo of the University of Colorado Boulder campus in Boulder Colorado with foothills in the background
Economic Trends

Second Quarter 2020 Distribution Markets Forecast

MDM’s new report, Markets Forecast, offers quarterly revenue projections for the wholesale distribution industry, plus breakouts for select categories, for the current calendar quarter and the next fiscal year. The inaugural Forecast looks at post-pandemic projections for distributors as a whole, plus specific sectors.

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