Grainger Plans to Double Catalog Size
W.W. Grainger Inc. President James T. Ryan detailed the distributor's product expansion plans recently in a presentation to analysts at the William Blair & Company's 26th Annual Growth Stock Conference in Chicago. Ryan said Grainger plans to double the size of its catalog in the next few years.
Already this year, Grainger has increased the size of its catalog by 40 percent adding 39,000 new products. Grainger's 2006 catalog features 115,000 products, compared with 82,400 last year.
Grainger plans to add 20 percent more products in 2007, and 20 percent more again in 2008. 'Product expansion is the key driver to our growth,' Ryan says. 'We will not get beat on the breadth or quality of our product ...