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Breaking news in Wholesale Distribution
Indian River Consulting Group’s (IRCG) weekly Pandemic Revenue Index for the work week of Feb. 15 to Feb. 19 decreased 7.2%, the first decline in weeks likely due to inclement weather nationwide but especially in Texas.
Landscape supply distributor SiteOne Landscape Supply Inc. also reported that revenue grew 26% in the fourth quarter.
For the fourth quarter, the big-box retailer — and now the owner of distributor HD Supply — reported sales grew 25.1% to $32.3 billion.
Latest acquisition gives SiteOne its fourth dedicated nursery branch in the Houston MSA.
PPG completes addition of VersaFlex, a manufacturer specializing in polyurea, epoxy and polyurethane coatings for water and waste water infrastructure, flooring, transportation infrastructure and industrial applications
Latest Chicago Fed National Activity Index (CFNAI) shows that all four broad categories of indicators used to construct the index made positive contributions in January, but three categories decreased from December.
Recently formed bearings and power transmission supplier names former COO and CFO Lisa Mitchell as its chief executive.
Electrical distributor promotes Andrew C. Ipson to key sales leadership role.
Auburn Bearing & Manufacturing president says the acquisition “aligns with our strategy to expand our product offerings.”
Indian River Consulting Group’s (IRCG) weekly Pandemic Revenue Index for the work week of Feb. 8 to Feb. 12 increased 5%, returning to the normal growth trend of mid-single-digit improvement.
