The U.S. Census Bureau announced that the combined value of distributive trade sales and manufacturers’ shipments and inventories for June was down from last year.
Manufacturing and Trade Shipments Down in June Read More »
The North American Building Material Distribution Association (NBMDA), Chicago, Illinois, this week released the results of the NBMDA Quarterly Sales Trend Survey for the second quarter of 2020.
NBMDA Distributors Report Q2 Sales Decline, Optimism for 3Q Read More »
Lowes announces a host of supply chain initiatives as it looks to improve same-day and next-day fulfillment options for customers.
Lowe’s to Accelerate Supply Chain Capabilities Read More »
Heritage Landscape Supply Group Inc., a wholly owned subsidiary of SRS Distribution Inc., has added another asset to its portfolio with the acquisition of Boise, Idaho-based Silver Creek Supply.
Heritage Landscape Supply Acquires Silver Creek Supply Read More »
With the acquisition of Wise Safety & Environmental, Portland, Oregon-based distributor Mallory expands national footprint with 24-hour delivery, MRO and industrial services including vending, training and supply-chain management.
Mallory Safety Acquires Wise Safety Read More »
Mill Road Capital Management LLC and its affiliated funds last week made an offer of $2.75 per share for the building materials distributor.
Huttig Building Products Acknowledges Receipt of PE Firm’s ‘Unsolicited’ Offer Read More »
Responses vary widely among participants in this week’s PRI, which Indian River Consulting Group has been running since the start of the COVID-19 pandemic.
IRCG Weekly Pandemic Revenue Index Shows Slight Decrease Read More »
Naperville, Illinois-based hand tool manufacturer C.H. Hanson has acquired Cleveland-based Superior Tool, which has been making plumbing tools since the 1940s.
C.H. Hanson Acquires Superior Tool Read More »
Sales increase 10% in the Americas as 3M appears to have turned a corner related to uncertainty surrounding the COVID-19 pandemic.
3M’s July Sales Up 6% Read More »
Amazon’s new fulfillment center and delivery station in the Dallas-Fort Worth metroplex town will create hundreds of new full-time jobs and give the company faster delivery times in the area.
Amazon to Build Fulfillment Center in Forney, Texas Read More »
In its first earnings report since completing the $4.5 billion acquisition of Anixter International Inc., WESCO notched a loss of $34.5 million.
WESCO’s Q2 Sales Down 2.9% Read More »
Roofing distributor names Samuel Guzman Jr. to role, replacing interim CAO Thomas Schmitz.
Beacon Appoints Chief Accounting Officer Read More »
The seasonally adjusted Fastener Distributor Index (FDI) for July was 54.6, consistent with improving momentum (above 50 reading) but at a slower rate versus the improvement seen in June.
Fastener Distributor Index for July Consistent with Prior Month Read More »
Like most companies, Applied was impacted in the period by the COVID-19 crisis and saw fourth-quarter sales fall 17.9% over the same period in 2019.
Applied Industrial’s Fiscal 2020 Sales Down 6.5% Read More »
The industrial distributor said fiscal fourth-quarter sales to date (June and July) were down 14% from the year-ago period.
MSC Industrial’s Sales Dip 12.6% in July Read More »
HD Supply had originally planned to spin off the Construction & Industrial – White Cap business into a separate publicly traded company.
HD Supply Shifts Gears, Opts to Sell White Cap to CD&R for $2.9B Read More »
PRI for the week of July 27-31 registers largest increase since March 9 with half of respondents indicating sales growth.
IRCG Weekly Pandemic Revenue Index Shows 1.4% Increase Read More »
Fourth quarter sales down 7.5% year-over-year for electronics distribution giant Avnet.
Avnet Sales Down 9.7% in Fiscal 2020 Read More »
The company also reported a third-quarter loss of $6.7 million, compared with a $31 million profit in the year-ago period.
Beacon Roofing Supply Sales Down in 3Q Read More »
Aaron H. Ravenscroft named president and CEO of crane manufacturer, effective immediately; he replaces Barry L. Pennypacker.
The Manitowoc Co. Appoints New President, CEO Read More »
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