All the latest reporting and analysis from Distribution Strategy Group.
Tom Peck, executive vice president and chief information and digital officer, will step down effective April 10, to pursue an opportunity outside the foodservice industry.
Pick Pack Pro integrates order batching, robotic sortation and automated packing and shipping to manage those fluctuations while maintaining delivery times and order accuracy.
The application integrates with distributors’ enterprise resource planning systems and is intended to replace processes often managed through email, spreadsheets, and multiple software tools.
Reister will oversee regional operations and support growth initiatives across Wiseway’s Midwest footprint, which serves electrical, plumbing and lighting customers.
The transaction marks a shift by Bed Bath & Beyond away from traditional home goods retail into higher-ticket, project-based categories that depend on distribution networks, contractor relationships, and installation services.
The current environment does not reflect a collapse in industrial demand. Instead, it reflects a tightening in the economics of distribution.
The contraction in employment signals growing caution among businesses, including distributor customers.
“The establishment of XMax AI Inc. marks a key execution milestone in our strategic expansion into artificial intelligence,” CEO Xiaohua Lu said.
The acquisition reflects ongoing consolidation in filtration distribution and rising demand for local service capabilities alongside product supply.
The name change “recognizes the successful evolution” of the division and the addition of construction-oriented members alongside its industrial and safety base, AD said.