ADI saw lower demand in residential security for the year.
Distribution Strategy Group
Articles by Distribution Strategy Group
Fourth-quarter sales for the PVF distributor were down 12%.
Watsco attributes performance to product transitions and normalized market conditions.
Wesco reported sales grew 4.5% in 2023.
Three-location distributor expands DXP’s reach in water/wastewater market.
Whitco serves the midstream market and broader energy sectors.
AD welcomed 49 new members in 2023.
December revenues were up slightly from November.
Customer-centered strategy is driving transformation at FleetPride.
Smith has more than 40 years of experience in the electrical industry.
Randall Hudspeth will lead the 103-branch division.
Sales to nonresidential and reseller markets fell during the month.
Acquisition expands reach in Canada.
Hose Tech increases Singer’s footprint to more than 100 locations.
US LBM now has 21 locations in Michigan.
Dip in residential construction was offset by nonresidential investment.
Acquisition is Beacon’s first of 2024 after 9 in 2023.
But economy continues to expand, according to the latest ISM report.
Distributor adds 2 acquisitions to its fast-growing portfolio.
Grainger’s fourth-quarter sales were up 4.1% from the year-ago period.