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The industrial and MRO parts distributor achieved company quarterly records for gross margin and operating profit as revenue improved throughout April-June period.
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Honor Foods opened a new DC in Kissimmee, FL, expanding its Southeast operations and improving product access and logistics across the region.
Stanley Black & Decker reported a modest year-over-year sales decline in 2Q, impacted by a slow outdoor season and tariff-related shipment disruptions.
MSC Industrial Supply named an interim CFO following the pending departure of Kristen Actis-Grande.
The U.S. and EU reached a new trade agreement aimed at reducing tariffs, boosting exports and strengthening transatlantic economic ties.
Rexel reported an increase in 2Q sales, driven by strong performance in North America that offset weaker results in Europe and Asia-Pacific.
U.S. cutting tool consumption was down from April and year-over-year, as the market continues to face soft demand and economic uncertainty.
DPA said the new space accommodates its growth and enhances operational efficiency.
Spanning a half mile end-to-end, the "Retail Support Center" was designed to boost logistics operations and serve its network of over 5,000 stores.
