AD member sales climb 9 percent
AD reported sales for all AD members across its seven divisions grew by 9% in 2016.
On a same-store basis, AD members grew 3%. By country, U.S. same-store sales were up 2%, AD Canada increased by 5% and AD Mexico grew by 25%. By industry, Electrical was up 1%; PHCP (Plumbing, PVF & HVAC) was up 3%; Industrial was down 4%; Bearings & Power Transmission was flat, and Building Materials was up 16%.
"Despite headwinds in industrial and energy markets and price deflation within certain large product categories, member purchases from AD suppliers grew by 9% and net distributions to AD members grew by 15%," said Bill Weisberg, AD chairman and CEO. "We also had huge advancements in eCommerce, HR and procurement services. For instance, we created over 1 million enhanced, normalized and attributed SKUs and are playing a support role to help our members refine their digital strategy and launch their webstores. Our role is to help our members compete and win, now and in the future.”
INDUSTRIAL SUPPLY MAGAZINE
The March/April issue of Industrial Supply magazine features an in-depth cover story about Joyce Lansdale and Vallen. Plus, we're featuring articles by contributing writers Dirk Beveridge, Frank Hurtte, and David Kahle, as well as interviews with numerous product and distribution industry experts.
