Acquisitions drove nearly all of DSG's growth in 2023, which marked its first full calendar year since forming in early 2022.
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Non-heavy manufacturing, non-residential construction and reseller end markets outperformed January.
The company’s biennial Grainger Show customer event perfectly demonstrated how the distributor is hyper-focused on customer solutions — just one of which is its expansive product assortment.
The distributor saw healthy 4Q organic growth, too, with comparable sales up 5.1% excluding GIC's May 2023 acqusition of Indoff.
From its modest origins in 1934, MRO distributor Martin Supply has expanded its footprint to encompass 48 distribution centers and sites.
The 12 candidates, all current Grainger board members, will be voted on at the 2024 annual meeting of shareholders.
It will divest the industrial MRO unit out of Wesco, while considerably bolstering Vallen's product and services offerings.
Gary Michel fills a vacancy on Global Industrial's board left by Thomas Suozzi, who resigned after being elected to the U.S. House.
CEO Ted Decker noted that 2023 was "a year of moderation" for the DIY and contractor supply retail giant.
Following his three-part article series, we had John Gunderson on the podcast for a deeper dive into Fastenal’s move from a company dependent on a nationwide branch network to one that emphasizes embedded customer service.
The restructuring includes a voluntary retirement offer and "rationalization and optimization" of certain DCs, stores and other facilities.
Overall 4Q and full year profit spiked on a deferred tax benefit, while sales continued low single-digit annual growth.
Boosting Henkel's MRO offerings, Houston-based Seal for Life has about 650 employees and generated $269 million in 2023 revenue.
Sonia Timmons has been with Vallen since 2007, with the past 5 years as its VP of Financial Planning Analysis.
The company saw a sharp deceleration in daily sales, hampered by weather impacts during the month.
The figures reflected a broader industrial supply demand slowdown, though Grainger's 4Q growth deceleration was less than most public firms that have reported so far. Get our full breakdown here.
SBD's Tools & Outdoor segment drove the overall margin improvement, as Industrial dipped slightly.
The MRO supplies distribution giant expects the 1.2-million-square-foot facility to open in 2026.
Joyce Orlob Evans — the daughter of the company's founder — played an active role in the MROP distributor throughout her life.
See our full breakdown of 3M's 4Q numbers, which showed that roofing granules were the only industrial category to see decent growth.