Jacobs cited QXO’s plans to roll out AI-driven pricing engines, dynamic ordering portals, and predictive inventory tool.

Global Industrial Co. reported better-than-expected earnings in the first quarter, highlighting improved margins, disciplined spending, and growth in key strategic accounts—despite flat revenue and mounting pressure from newly enacted tariffs. For the quarter ending March 31, 2025, net sales declined 0.7% year over year to $321.0 million, down from $323.4 million in Q1 2024. Operating…

Unilever PLC, one of the world’s largest consumer goods companies with 2024 global sales of approximately $65 billion, has expanded its cloud-based eB2B distribution platform to six key emerging markets and is preparing for additional rollouts, including the United States. The London- and Rotterdam-based company confirmed that the platform, now operational in Indonesia, Vietnam, Pakistan,…

Applico Capital has launched a new private equity division aimed at helping large B2B distributors adopt artificial intelligence (AI) technologies to modernize operations and accelerate growth. Rather than pursuing majority control through leveraged buyouts, Applico’s strategy focuses on minority and alternative investments. The firm said it plans to work alongside existing management teams to drive…

QXO Inc. has completed its $11 billion acquisition of Beacon Roofing Supply, in a transaction that Wall Street analysts say could fundamentally change the competitive landscape of building materials distribution. Beacon shareholders received $124.35 per share in an all-cash deal. Following the closing, Beacon’s stock was delisted from the Nasdaq Global Select Market, and Beacon…

The distributor is targeting a highly fragmented $50 billion market.

The newly launched HVAC Distributor University builds on EGIA’s past distributor-focused training efforts.

New orders for U.S. manufactured durable goods surged in March, rising 9.2% to $315.7 billion, according to the U.S. Census Bureau’s latest report released late last week. The increase marks the third consecutive monthly gain and follows a revised 0.9% rise in February. Compared to March 2024, new durable goods orders were up 12.8%, signaling…

Graybar’s profit fell 4.1% for the quarter.

Distributor’s focus is on aligning operations and customer experience.