At Motion, Genuine Parts Company saw year-over-year and sequential sales improvements and end market growth despite continued sluggish demand and “cautious” consumers.
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Jahida Nadi has been named MSC Industrial's Senior Vice President of Sales.
It marks a regional exit for Grainger after 10 years in the U.K. and a sharper focus on North America and Japan.
The CEO search process for the heavy equipment and industrial parts distributor is expected to be completed in the first quarter of 2026.
The addition of APSCO complements the pumping solutions and industrial supplies distributor's focus on water and wastewater acquisitions.
The company's August sales report showed that double-digit daily sales growth continued, albeit at a slight deceleration month-to-month. Get a detailed breakdown of the figures here.
The MRO supplies distributor promoted from within for its supply chain VP and northeast customer experience VP positions.
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.
