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For the fourth quarter, sales were $2.3 billion, up 6% over the year-ago quarter.
WESCO lands Anixter International acquisition and Fastenal draws attention as earnings season gets underway. Follow the links below to read MDMs most popular blogs from January.
The company reported a loss of $5.9 million, compared to a profit of $54.7 million in the second quarter of 2018.
Speakers at NAW 2020 Executive Summit: Innovate to Dominate urged distributors who have yet to embrace e-commerce to invest in digital platforms. There is plenty of room for growth in international B2B e-commerce, which is six times larger than the B2C market, noted Alibaba Groups John Caplan.
Members of the National Association of Wholesaler-Distributors (NAW), during the associations Executive Summit in Washington, DC, elected as chairman of the NAW Board of Directors, Douglas W. York, president and CEO of Ewing Irrigation & Landscape Supply.
Amazon.com, Inc. (NASDAQ:AMZ) reported sales net sales increased 20% to $280.5 billion, an increase of 22% compared with 2018. Net income increased to $11.6 billion compared with net income of $10.1 billion in 2018.Â
Winsupply Inc., Dayton, Ohio, has opened Quad Cities Winwater, serving waterworks and utilities contractors in the Quad Cities including eastern Iowa and northwest Illinois.
Ron Port, currently vice president and president of the Infrastructure segment, will become vice president and CCO, metal cutting business segments.
