Four acquisitions in 2024 drove a double-digit sales year-over-year sales increase at Distribution Solutions Group, but underlying organic growth also improved.
Acquisitions Drive DSG 2Q Sales Jump, but Organic Also Improves Read More »
Wesco’s 2Q results show accelerating organic growth and surging data center sales, prompting the company to raise its full-year outlook.
Wesco 2Q Sales Expand but Margin Dips Further Read More »
U.S. wholesale inventories rebounded in June, despite expectations of a decline, as the trade deficit narrowed and retail inventories continued to grow.
U.S. Wholesale Inventories Reverse Course with June Uptick Read More »
For the first time in three decades, two Fed governors voted against the consensus and supported a July cut.
Fed Leaves Interest Rate Unchanged for Fifth Straight Time Read More »
The IMF modestly raised its global and U.S. growth forecast for 2025 and 2026, citing easing inflation, improved financial conditions and reduced trade tensions.
IMF Raises Global Economic Outlook as Trade Tensions Ease Read More »
With $4.2 billion in 2024 revenue, Chart makes and designs process technologies and equipment for handling gases and liquids. It previously had agreed to be acquired by Flowserve.
Baker Hughes Buying Chart Industries in $13.6B Deal Read More »
It will create two independent public companies by the end of 2026, with ADI going forward as a $4.5 billion distributor of low-voltage products and solutions.
Resideo to Spin Off ADI Global Distribution Unit Read More »
U.S. GDP rebounded sharply in the second quarter of 2025, driven by stronger consumer spending and a drop in imports.
First Estimate: 2Q U.S. GDP Rebounded with 3.0% Gain Read More »
The industrial and MRO parts distributor achieved company quarterly records for gross margin and operating profit as revenue improved throughout April-June period.
Global Industrial’s 2Q Sales & Margins Accelerate Read More »
Honor Foods opened a new DC in Kissimmee, FL, expanding its Southeast operations and improving product access and logistics across the region.
Honor Foods Boosts Southeast Network with New Orlando DC Read More »
Stanley Black & Decker reported a modest year-over-year sales decline in 2Q, impacted by a slow outdoor season and tariff-related shipment disruptions.
Stanley B&D Says Tariffs Had a 3-Point Gross Impact in 2Q as Sales Slid Read More »
MSC Industrial Supply named an interim CFO following the pending departure of Kristen Actis-Grande.
MSC Appoints Interim CFO Amid Resignation, Gives Daily Sales Update Read More »
The U.S. and EU reached a new trade agreement aimed at reducing tariffs, boosting exports and strengthening transatlantic economic ties.
U.S., EU Reach 15% Tariff Deal to Avert Trade War Read More »
Rexel reported an increase in 2Q sales, driven by strong performance in North America that offset weaker results in Europe and Asia-Pacific.
Rexel North American Sales Accelerate in 2Q Read More »
U.S. cutting tool consumption was down from April and year-over-year, as the market continues to face soft demand and economic uncertainty.
U.S. Cutting Tool Orders Fell 2.3% in May, Down 5% YoY Read More »
DPA said the new space accommodates its growth and enhances operational efficiency.
DPA Buying Group Relocates to Larger Cincinnati HQ Read More »
Spanning a half mile end-to-end, the “Retail Support Center” was designed to boost logistics operations and serve its network of over 5,000 stores.
Ace Hardware Opens Massive Kansas City DC Read More »
Honeywell reported a healthy increase in overall 2Q sales and provided updates on its planned breakup into three independent companies.
Honeywell Posts Flat Industrial Automation Sales in 2Q Read More »
Fastenal opened a new DC in Utah, replacing its Salt Lake City facility to support regional growth and operations.
Fastenal Opens Salt Lake Distribution Center Read More »
Walmart is overhauling its AI strategy by unifying tools into four dedicated AI agents that each have their own focus — customers, employees, engineers and sellers/suppliers.
Walmart Consolidating AI Agents into 4 “Super Agents” Read More »
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