The MRO supplies distributor promoted from within for its supply chain VP and northeast customer experience VP positions.
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It follows the company’s president succession this past spring.
The company's July report showed its first double-digit year-over-year daily sales growth month since January 2023 and another acceleration. How big a factor pricing played is unclear.
Margins were hampered by tariff-driven LIFO headwinds, though daily sales continued to gain momentum, especially in Endless Assortment. Get a full breakdown of Grainger's 2Q stats.
Four acquisitions in 2024 drove a double-digit sales year-over-year sales increase at Distribution Solutions Group, but underlying organic growth also improved.
The industrial and MRO parts distributor achieved company quarterly records for gross margin and operating profit as revenue improved throughout April-June period.
MSC Industrial Supply named an interim CFO following the pending departure of Kristen Actis-Grande.
DPA said the new space accommodates its growth and enhances operational efficiency.
Fastenal opened a new DC in Utah, replacing its Salt Lake City facility to support regional growth and operations.
Genuine Parts Company reported modest second-quarter sales growth but lowered its 2025 outlook due to U.S. tariffs and ongoing market uncertainty.
Fastenal posted its strongest monthly sales growth since early 2023, with June daily sales up year-over-year amid solid gains across key markets. See our full breakdown of the company’s June and 2Q results.
The company reported a year-over-year sales decline but sequential improvement, and its March achieved the company's best average daily sales in 19 months.
Distribution Solutions Group has named a new CEO for TestEquity, effective July 14, as part of a planned leadership transition.
Valued at $1.5 billion, the deal is set to result in a PVF and industrial supplies distributor with a combined revenue of around $5.4 billion and more than 350 locations worldwide.
The London-based MRO parts distributor said the launch is in response to customers in Europe who voiced an increasing need for clearer insight into the factors impacting factory uptime and long-term performance.
Genuine Parts Company named a new President of North America Automotive, effective August 2025, as part of a planned leadership transition.
Our highly anticipated annual feature is now available to view and download. Explore our 20 different lists to see distribution’s biggest movers and shakers.
The company's daily sales considerably accelerated in May, with improved momentum across top end markets and customer segments compared to April. Seen our full breakdown of the monthly figures here.
Motion has opened its first Canadian Conveyance Solutions shop in Calgary to expand service capabilities across Western Canada.
Fastenal’s April sales growth slowed slightly after a strong March surge, signaling a potential cooling in demand across top segments and national accounts. See our full breakdown of the monthly figures.
