Subscribe
Magazine
Videos
Associations
Big 50
Business Technology
Earnings
Economy
Mergers & Acquisitions
Operations
Sales
Staffing Changes
Supply Chain
Workforce
Company Expansion & Consolidation
Stanley B&D to Cut Jobs
The news comes only five months after SBD announced a cost-reduction program due to weakened demand.
Earnings
Grainger to Draw $1B in Credit
Operations
ID's 2020 Survey of Distributor Operations is Here!
Earnings
HD Supply Talks Virus Measures as 2019 Sales Slow in Q4
Earnings
Houston Wire & Cable 2019 Sales Fall 5%
Earnings
Wajax' Industrial Parts Sales Dip 2% in 2019
The segment — ranked No. 32 on ID's Big 50 List — saw Q4 sales jump more than 45 percent year-over-year.
Earnings
Veritiv's Q4, Full-Year Sales See Double-Digit Declines
The packaging, facility solutions, print and publishing products distributor cited challenges in its print and publishing segments.
Earnings
Global Industrial’s 2019 Shows Solid Sales Growth
Sales at Systemax, which does business primarily through its Global Industrial brand, grew slightly in Q4, considerably slower than its full-year growth.
Earnings
Lowe's Disappoints on 4Q sales, Full-Year Outlook
The announcement comes a day after strong results from rival Home Depot.
Earnings
Amid Sales Decline, DNOW Cut 40 Locations Since Start of 2019
In its Q4 earnings report, the company said it cut headcount by 600 since mid-2019.
Earnings
MRC Global Cut Headcount 10% in 2019, Sales Fell 12%
MRC's Q4 sales tumbled 24 percent year-over-year as customer spending levels were significantly lower than expected.
Earnings
Fastenal January Sales Improve from December
January was a modest month-to-month gain, but was still the company's second-smallest yearly growth since December 2016.
Earnings
Snap-on Posts Flat Sales in Q4, 2019
Despite modest organic sales gains in Commercial & Industrial and Hand Tools, the figures reflected an industry-wide demand slowdown.
Earnings
SKF Notes Impact of Coronavirus
In China, which comprises one-sixth of SKF's sales, the company's seven factories there are shut down until at least Feb. 10.
Earnings
Kennametal Q2 Sales Sink 14%, Takes Loss
The numbers reflected a considerable marketwide slowdown in demand for industrial products, while other supply chain factors also hindered sales.
Earnings
HD Supply to Pay $50M to End Fraud Suit
The settlement will end a 2017 class-action suit that claims the company misled shareholders about supply chain issues.
Earnings
CAT Profit Rises Despite Sales Decline
The strong profits, however, were overshadowed by an uncertain take on the year ahead with global growth slowing.
Earnings
Grainger's 2019 Sales Increase 2.4%; Q4 up 3%
The company's sales expectedly slowed in Q4 amid the greater industry slowdown.
Staffing Changes
New Tools & Storage Leadership at Stanley B&D
Tools & Storage segment president Jeffrey Ansell will step down from his position during the first half of 2020, to be succeeded by Jaime Ramirez.
Staffing Changes
Pentair Announces CFO Resignation, Q4 Results
Along with Mark Borin's pending departure, the company also reported a modest increase in Q4 year-over-year sales.
Earnings
3M to Cut 1,500 Jobs as 2019 Sales Fall 1.9%
The company announced a new business model aimed to streamline operations that involves consolidating manufacturing, supply chain and customer operations.
Earnings
After 2019, CEOs Must Grow Profits Soon
Investors are likely to give CEOs another pass this upcoming earnings season — which didn't have the benefit of the first year of lower tax rates — but in 2020, companies will need to deliver more.
Staffing Changes
Acuity Brands Appoints New CEO
The lighting and building products supplier said that Neil Ashe will become its next president and chief executive officer effective Jan. 31.
Earnings
MSC's Q1 Shows Stubborn Market Slowdown
MSC — No. 8 on ID's 2019 Big 50 List — reported its 2020 Q1 fiscals Wednesday, with the figures showing that the industrial slowdown that plagued distributors and suppliers for much of 2019 is still very much in effect.
Earnings
HD Supply Q3 Sales Up 2%
The company's two segments — Facilities Maintenance, and Construction & Industrial — had essentially equal sales and performance.
Earnings
Fastenal Daily Sales Accelerate in Nov., Reversing Trend
Though still considerably slower than what Fastenal started the year with, November's figures were a reversal a year-long deceleration.
Home
Industrial Distribution's 2019 Big 50 List
You've seen our 2019 Big 50 countdown videos (and if not, you really should). Here, see the ID's 2019 Big 50 List in a concise, easy-reference format.
Earnings
DXP Enterprises Posts Decelerated Q3 Sales, But Still Solid Growth
Sales were down sequentially and slower than Q2, but still up a healthy 6.2 percent year-over-year, along with increased profits.
Awards
Industrial Distribution's 2019 Big 50 Countdown: 10-1
Presented by editors Anna Wells and Mike Hockett, see the third part of ID's 2019 Big 50 List video countdown, covering the top ten industrial distributors by revenue.
Earnings
Fastenal Posts 4.3% October Sales Growth; Was 13% in January
While the company's October growth is still positive, it's a long ways from the consistent double-digit growth the company saw throughout 2018.
Earnings
Wajax Q3 Industrial Parts Sales Rise 2.4% Year-over-Year
Wajax' Industrial Parts segment had a modest year-over-year increase, but a larger sequential decrease from Q2.
Earnings
DNOW's Q3 Sales Fall 9% Year-Over-Year
DNOW noted that even after integrating two acquisitions during Q2, it reduced its total headcount and branch count during Q3.
Awards
Industrial Distribution's 2019 Big 50 Countdown: 30-11
Presented by editors Anna Wells and Mike Hockett, see the second part of ID's 2019 Big 50 List video countdown, covering companies from No. 30 through 11.
