Growth was driven primarily by increased customer demand for data storage and servers, networking products, software and mobile devices, CDW said.
CEO John Wiborg said the company sees additional opportunities to accelerate organic growth by creating separate teams focused on new customer development and existing account expansion.
CEO Marvin Ellison said Lowe’s continued to gain momentum with professional customers despite a slower housing environment.
Ronald Guzior, CEO and president of Richards Building Supply, said the acquisition strengthens the company’s position as a family-owned independent distributor and expands its geographic reach in the West.
Home Depot has evolved its sourcing logic to route orders to the optimal store based on distance, inventory availability and speed of delivery — an approach the company calls “ship from best location.”
The Federal Reserve said total industrial production increased 0.7% in April following a revised 0.3% decline in March. Manufacturing output rose 0.6%, while utilities production increased 1.9%. Mining output slipped 0.1%.
AMS, founded in Tampa, Florida, distributes aluminum products used in industrial, structural, and architectural applications.
Professional contractor demand remained a more stable part of the business, supported by Home Depot’s continued expansion into specialty trade distribution through SRS Distribution.
Each chapter closes with a Monday Move, a single concrete action the reader can take the following week. Quinn said the structure was deliberate.
According to the complaint, Ace used its software and analytics platforms to exchange pricing, transaction, and sales information among thousands of stores nationwide.