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Industrial distribution giant Grainger says its High-Touch Solutions (N.A.) segment sales were up 1.8%, and 3.4% on a daily basis versus the prior-year quarter.
The association also finds that the average annual sales growth for the 12 months through March for HARDI distributors is 8.7%.
Net product sales for Amazon totaled $57.5 billion in the quarter, up 27.2% from $41.8 billion in the year-ago period.
The growth marks a steady improvement from the fourth quarter of 2021, when real GDP increased 4.3%.
Kimball Midwest is among the 59 companies honored by the Chief Learning Officer’s 11th Learning Awards program.
The Chicago-based MRO distributor Lawson Products also saw its average daily net sales grow 15.6% as the company began 2021 with a bang.
After sales increase in the third quarter, Applied Industrial Technologies’ CEO is predicting an even better fourth quarter.
United Rentals’ net income was up 17% year-over-year in the first quarter as the company raised its full-year guidance.
Year to date, sales increased 6.2% to $14.3 billion for the Phoenix, Arizona-based electronics distribution giant Avnet.
The U.S. Census Bureau has released advance indicators showing that the international trade deficit and wholesale inventories both increased in March.
