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Breaking news in Wholesale Distribution
Wholesale trade down from 2019, but it did show moderate improvement from the previous month of August, according to the latest report from the U.S. Census Bureau.
MRO and industrial distributor DXP Enterprises Inc. posts a loss of $34.7 million in the quarter as the company continues to see challenges stemming from COVID-19.
Texas-based waterworks and plumbing products distributor EGW Utilities Inc. bolsters its Water & Plumbing Group with latest addition.
Dallas-based building materials distribution giant Builders FirstSource adds $30 million-a-year supplier of windows, doors and millwork to its portfolio.
Amazon's new fulfillment center in Republic, Missouri, near Springfield, will create hundreds of new full-time jobs and give the company faster delivery times in the region.
Indian River Consulting Group’s (IRCG) weekly Pandemic Revenue Index for the work week of Oct. 26 to Oct. 30 indicated a 0.4% decrease compared with the same week a year ago.
Despite the dip in overall sales for Fastenal, the company reported daily sales were up 4.1% versus a year ago based on strength in safety (32% growth).
In its second earnings report since completing the $4.5 billion acquisition of Anixter International Inc. but first to include the new addition's full financials, WESCO recorded a 93% sales jump and a $66.2 million profit.
Addition will expand Atlas Copco’s footprint in Germany with the acquisition of the vacuum equipment and services distributor.
Year-to-date, the goods and services deficit increased $38.5 billion, or 8.6%, from the same period in 2019.
