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Alibaba's Alipay Offers Mobile Wallet For U.S. Sites

October 16, 2014 | by Mae Anderson, AP Technology Writer | Comments

The move will let U.S. retailers tap into the estimated 500 million Chinese online shoppers who spent $298 billion online in 2013.                                   

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Today in Distribution

The complete daily resource for distribution professionals

GE 3Q Profit Rises On Oil, Aviation Strength

October 17, 2014 9:27 am | by Jonathan Fahey, AP Business Writer

The company reported an 11 percent year-over-year increase in net income for the quarter.                                              

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Apartments Pushed Up U.S. Homebuilding In September

October 17, 2014 9:22 am | by Josh Boak, AP Economics Writer

The sluggish recovery and meager wage growth has left more Americans renting instead of owning homes.                                           

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WD-40 Sales Up 4 Percent In Q4

October 17, 2014 9:15 am | by WD-40

The company's fiscal year-end financial data included a 10 percent year-over-year increase in net income from 2013.                                       

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Praxair Announces Price Increases

October 17, 2014 9:04 am | by Praxair

The adjustments will address higher production and distribution costs.                                                   

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Applications For U.S. Unemployment Benefits At 14 Year Low

October 16, 2014 12:02 pm | by Christopher S. Rugaber, AP Economics Writer

The low number is the latest signal that companies are cutting fewer workers and hiring could remain healthy.                                         

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Bunzl Acquires De Ridder, Reports Q3 Revenue Up 6 Percent

October 16, 2014 10:37 am | by Bunzl plc

The addition of the specialist distribution business will further Bunzl's growth that stems from acquisitions.                                        

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U.S. Factory Output Rises 0.5 Percent In September

October 16, 2014 10:07 am | by Josh Boak, AP Economics Writer

Total industrial production surged 1 percent last month, as output from mines and utilities both increased.                                         

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Snap-On Q3 Sales Increase 7 Percent

October 16, 2014 9:38 am | by Snap-On

The Kenosha, Wis.-based tool manufacturer had solid organic sales gains across all operating segments.                                           

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SKF To Cut Production As Q3 Profits Disappoint

October 16, 2014 9:28 am | by Industrial Distribution Staff

Despite a 14 percent year-to-date third quarter increase in sales, the ball-bearing maker will cut back production due to expected low European demand.                             

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Avnet Opens CenterPoint Value-Added Services Center In Ohio

October 15, 2014 5:24 pm | by Avnet

The all-in-one services model brings together engineering, integration, installation, logistics, fulfillment, repair, recycling, remarketing, call center, and maintenance services.                    

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Motion Industries Debuts How-To Video Series

October 15, 2014 4:12 pm | by Motion Industries

The "Tom's Toolbox" series embodies the “how-to” format, but in shorter time snippets. Each video short is filmed in a workshop or in an appropriate off-site setting.                     

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Atlas Products Supplier Collaboration Chosen By Office Depot

October 15, 2014 10:44 am | by HighJump Software

The Atlas supplier enablement network provides Office Depot with an electronic platform for collaboration and commerce with over 4,000 suppliers of goods-for-resale products.                     

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Beacon Roofing Supply Acquires Wholesale Roofing Supply

October 15, 2014 9:42 am | by Beacon Roofing Supply

The addition gives Beacon Roofing Supply a strong foothold in the Dallas-Fort Worth market.                                             

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Exact Online Mobile App Now Available

October 15, 2014 9:34 am | by Exact

Designed specifically for small business manufacturing and wholesale distribution, Exact Online software streamlines tasks such as production, inventory management, and CRM.                   

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U.S. Retail Sales Fell In September on Autos, Gas

October 15, 2014 9:25 am | by Josh Boak, AP Economics Writer

The Commerce Department said Wednesday that seasonally adjusted retail sales dropped 0.3 percent from the previous month.                                     

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U.S. Producer Prices Fell 0.1 Percent In September

October 15, 2014 9:16 am | by Josh Boak, AP Economics Writer

An economic slowdown in Europe, China, Japan, and elsewhere should further mute inflationary pressures because it's driving the value of the dollar higher.                           

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W&H Systems Announces Professional Services Group

October 14, 2014 5:25 pm | by W&H Systems

The Professional Services Group brings together existing technical support, parts, maintenance services, allied products, and post-sales support functions under one umbrella.                     

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Ailing Global Economy Could Lead Fed To Delay Rates Hike

October 14, 2014 5:00 pm | by Christopher S. Rugaber, AP Economics Writer

The economic slump could spill into the United States, potentially weakening job growth and keeping inflation well below the Fed's target rate.                               

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Black Hills Corp. Acquires Energy West Wyoming Gas Utility And Pipeline Assets

October 14, 2014 4:52 pm | by Black Hills Corp.

Black Hills will pay $17 million for the transaction, which is expected to close within six to 12 months.                                         

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U.S. Standard Products Launches Website For American Industry

October 14, 2014 2:01 pm | by U.S. Standard Products

The company's new website better connects U.S. Standard Products with its customers and charitable partners.                                         

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