No notable acquisitions were announced this past week as another quarterly earnings period transgressed. MSC's Q3 report led traffic on ID, along with news of Stanley Black & Decker eyeing more acquisitions.
Here's this week's Top 5
MSC Continues To Fight Tough Industrial Economy As Daily Sales Slide: E-commerce topped 59 percent of total sales in Q4, while sales to manufacturing customers continued its long-standing decline. CEO Erik Gershwind commented on the market challenges MSC faced in its now-completed fiscal 2016 and on the outlook going forward.
Stanley Black & Decker Seeking More Acquisitions: In its Q3 earnings report on Oct. 27, the tool maker indicated that its three-year “self imposed” hiatus of M&A activity is coming to an end and the recent $1.95 billion purchase of Newell Brands’ tool business may be only the beginning of further acquisitions.
What Scares Small Business Owners Most This Halloween? Survey Says Presidential Election Results: SurePayroll's October Small Business Scorecard show that 23 percent of small business owners say the results of the presidential election are their biggest fear right now, edging out an increase in earnings taxes.
First U.S. Multi-Story Warehouse Coming To Seattle: Citing a need to build up instead of out due to diminishing available warehouse space, Prologis will begin construction on a three-story, 580,000-square foot Seattle facility next year and wrap up in 2018.
Do You Build Your Sales Team’s Culture, Or Does It Just Happen?: Every group of people, no matter their purpose, takes on its own unique philosophy, culture, expectations, norms and values. The ability of a team to take on its own identity is the fundamental power of small group dynamics. Here’s how you can influence these dynamics to form a solid, top-performing team.
