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QXO Posts First-Quarter Loss as Building Products Market Slows and Acquisition Costs Rise
Chairman and CEO Brad Jacobs said the quarter reflected weaker conditions across the building products sector as well as continued investments in technology, staffing, and integration work.
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DNOW Targets Data Centers, Midstream Growth as MRC Global Integration Enters Recovery Phase
The company is running parallel tracks: stabilizing the legacy MRC Global Oracle system while migrating 20 U.S. MRC Global locations focused on upstream and midstream activity to DNOW’s SAP platform.
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Graybar to Acquire Southern California Distributor AES
The acquisition adds to continued consolidation across the electrical and industrial distribution sector as distributors seek greater scale, regional density, and stronger contractor relationships in high-growth markets.
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Amazon Expands AI Supply Chain Push with Autonomous Agents
The larger significance for distributors is that Amazon is combining AI-driven procurement automation with physical logistics infrastructure.
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Under Attack: How AI Is Supercharging Cybercrime Against Wholesale Distributors
AI has given criminal organizations the ability to impersonate executives using their own voices, construct vendor identities from scratch, personalize phishing emails with details no generic scam would know and deploy ransomware with a precision that disables backup systems first.
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Rexel Acquires Revere Electrical Supply in Push to Expand Midwest Industrial Automation Footprint
The deal targets industrial automation, a distribution vertical Rexel has flagged as a strategic priority.
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SRS Distribution Completes Acquisition of HVAC Distributor Mingledorff’s
HVAC distribution alone represents a total addressable market of approximately $100 billion, according to the companies.
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QXO Details Value Creation Plan for TopBuild Acquisition
QXO outlined a plan to roll out a fully integrated digital platform across its operations in waves, targeting completion in the first quarter of 2027 for Beacon and the third quarter of 2027 for the remainder of the business.
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Grainger Expands AI, Onsite Services and Distribution Investments as Industrial Demand Improves
But Grainger executives suggested the bigger shift is not simply improving industrial demand. Instead, customers are increasingly relying on distributors to manage operational work previously handled internally.
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GME Supply Acquires Peak Trading and ASK Tower Supply
Kevin Pitcock, president and chief executive officer of Peak Trading, said the transaction gives his customers access to expanded logistics and deeper inventory.