Acquisitions and greenfields powered strong volume growth, and the distributor bolted-on its second company in 2024.
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From its modest origins in 1934, MRO distributor Martin Supply has expanded its footprint to encompass 48 distribution centers and sites.
A pull-back in DIY spending, flat Pro customer sales and unfavorable January winter weather impacted Lowe's comparable sales numbers.
The company agreed to 19 acquisitions during 2023, respresenting a total investment of $593 million.
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However, the year-over-year sales declines improved throughout the year and were down only 4.7% in the fourth quarter.
 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.
The ISA24 conference is rapidly approaching on April 15-17 in Charlotte, NC. As a primer, we chatted with CEO Brendan Breen on what to expect from the agenda, what he's hearing from ISA members and what gives him hope about the industry.
Gary Michel fills a vacancy on Global Industrial's board left by Thomas Suozzi, who resigned after being elected to the U.S. House.
Building Materials Distribution sales improved 3% year-over-year during 4Q, a stark improvement from a 15% decline in 3Q.
A decrease in BlueLinx's 4Q23 sales reflects a decline in specialty and structural product sales, primarily driven by price deflation.
In 2023, the distributor paid down $160 million of debt and reduced inventory by $100 million while maintaining fill rates above 94%.
Atlanta-based packaging distributor Veritiv added Vivabox Solutions to bolster its existing kitting and assembly capabilities.
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.
F.W. Webb's new 43,000 sq. ft. facility adds capacity and provides a comprehensive selection of water works and industrial components.
It marks the first transaction for Motion since its landmark $1.2 billion buy of Kaman Distribution Group at the start of 2022.
The company has added like foodservice distributors that serve the greater Nashville area and central California.
The industrial LED lighting manufacturer also reported that its 2023 annual revenue fell 12%.
