As 2024 comes to a close, I wanted to thank you for your support, interest, input, and most importantly, friendship over the years. This year has been another busy year. Aside from our consulting work on behalf of manufacturers, manufacturer […]
As the year, and quarter, comes to a close, it reminds me that it’s time for the Q4 Pulse of Lighting survey. The Q3 survey revealed, essentially, a flat market, based upon input from over 200 industry lighting professionals. Further, […]
The acquisition market heated up in November, following a number of deals that we previously reported on. Four More Distributor Deals In addition to last month’s five distributor deals, four more deals were announced: CED Acquires Bayou CED acquired Bayou […]
While seemingly the acquisition market has quieted the last couple of months, this year has been an active one for Sonepar North America with seven (7) deals so far exceeding $2 billion in revenues, according to a recent press release: […]
Last week Prudence Thompson shared / confirmed, and we’ve reconfirmed a few other ways, that a prominent distributor had a significant layoff … 200 people. And reportedly they are closing some branches. Unfortunately, they are not the only company parting […]
A recent article by David suggesting that contractor-oriented distributors identify the “dual trade contractors” that they serve as a potential growth strategy and attending last week’s Electric Expo, put on by the Electrical Association of Philadelphia, that had about 2000 […]
Between tradeshows, industry meetings, and marketing group meetings, along with everyday business, distributors, manufacturers, and reps try to do some 2025 planning. Aside from identifying goals and conceiving strategies, resource plans need to be considered. Yes, one of those considerations […]
Yesterday morning when I logged on, I ran across Christian Sokoll’s Monday Market Share posting on LinkedIn (and if you are not following him, you should.) The headline was “Navigating Uncertain Times for 2024 and Beyond.” So, I clicked on […]
Electrical distributors are faced with a number of challenges. There is the everyday challenge of fighting for business, with most in a “flat” market. There is the challenge to recruit talent. There is the challenge to ensure profitability. Perhaps one […]
A new month, a new acquisition. This one in the lighting industry with the private equity firm that owns Progress Lighting, Kingswood Capital Management, acquiring Kichler. According to a communique that Kichler sent to its customers dated September 3rd, ”September […]
David Gordon
Channel Marketing Group
919-488-8635
