To continue reading this article you must be a paid subscriber. Subscribe to MDM Already Subscribed? Click here to log-in | Forgot your password? The post How ‘Endless Assortment’ Became a Developing Way to Serve Grainger Customers appeared first on Modern Distribution Management.
Art Swift
Grainger’s Business Models Incorporate Strategies that Embrace the Future
To continue reading this article you must be a paid subscriber. Subscribe to MDM Already Subscribed? Click here to log-in | Forgot your password? The post Grainger’s Business Models Incorporate Strategies that Embrace the Future appeared first on Modern Distribution Management.
Job Creation Soars as Key Construction and Manufacturing Indicators Rise
The U.S. economy created 678,000 jobs in February, beating economists’ expectations for a second straight month as the unemployment rate dropped to 3.8%. Job growth happened across a variety of sectors, including construction. “Construction added 60,000 jobs in February, following little change in the prior month,” the Bureau of Labor Statistics announced Friday. “About three-fourths […]
2022 Grainger Show Meets Live in Orlando
Orlando was the site for what has become to many a brave experiment: a return to a large, live, in-person conference. The 2022 Grainger Show was packed with approximately 8,500 attendees ready to interact in person at the Orlando Convention Center this week. The spirit was warm, convivial and steeped in thought leadership. The Grainger […]
2022 Forecast Remains Strong Despite Inflation
The MDM Monthly Wholesale Forecast was little changed in January as the overall economic outlook for the wholesale distribution industry remains strong for 2022. These mostly positive indicators are happening partially because of inflation rates at 40-year highs. “Last month we were at 9.9% for the 2022 overall forecast, and now we’re at 10.9%,” says […]
Wholesale Trade Has Record Year: $7.1 Trillion in Sales, 22% Above 2020
Wholesale trade experienced more than $7.1 trillion in sales in 2021, a greater than 22% increase over 2020 when the industry recorded just over $5.8 trillion in revenues, the U.S. Census Bureau reported Thursday. It was a record year for the industry, also besting the last pre-pandemic year of 2019, which saw roughly $6.1 trillion […]
Wholesale Trade’s Record Year: Sales Increase 22% to $7.1 Trillion
Wholesale trade experienced more than $7.1 trillion in sales in 2021, a greater than 22% increase over 2020 when the industry recorded just over $5.8 trillion in revenues, the U.S. Census Bureau reported Thursday. It was a record year for the industry, also besting the last pre-pandemic year of 2019, which saw roughly $6.1 trillion […]
Amidst Gangbusters Job Market, Employers Must Do More to Attract, Retain Talent
To continue reading this article you must be a paid subscriber. Subscribe to MDM Already Subscribed? Click here to log-in | Forgot your password? The post Amidst Gangbusters Job Market, Employers Must Do More to Attract, Retain Talent appeared first on Modern Distribution Management.
Job Market Surges in January
The U.S. economy created 467,000 jobs in January, according to new Bureau of Labor Statistics estimates, beating economists’ expectations. Employers added 647,000 jobs in November, topping the 249,000 the Labor Department had estimated; employers also added 510,000 jobs in December, ahead of the 199,000 initially forecast. This means heading into 2022, more than 700,000 jobs […]
Pricing, Sales, Profitability Top Priorities for Data Analytics
To continue reading this article you must be a paid subscriber. Subscribe to MDM Already Subscribed? Click here to log-in | Forgot your password? The post Pricing, Sales, Profitability Top Priorities for Data Analytics appeared first on Modern Distribution Management.
NAW Summit: Distribution Execs Get In-Person Glance at 2022 and Beyond
In the frigid Nation’s Capital, the National Association of Wholesale-Distributors made a triumphant return to an in-person conference this week during its 2022 Executive Summit. The now-unusual nature of a live, in-person gathering was evident, especially based on the commentary of attendees and presenters. Yet attendees, sponsors, headliners and support staff excitedly leapt back to […]
Momentum, Lingering Headwinds Mark 2022 Distribution Outlook
U.S. distributors recorded a record year in 2021 for revenues while protecting margins — in spite of continued pandemic and supply chain pressures in the back half of 2021. And the outlook for 2022 is positive as economic and market indicators point to “new-normal” disruptors stabilizing. Those are a few of the takeaways from the […]
