Last week Amazon made an acquisition, spending $3.9 billion, and it should be very good for electrical distributors. Why you ask? Because maybe it will put to rest the ever-ending question of “who will Amazon buy to enter the electrical […]
JD Martin is making news again as it expands in the Rocky Mountain region with the acquisition of I-Pro Sales and Marketing. According to the press release: I-Pro Merges with JD Martin in Colorado, Wyoming and Montana Two well-established firms […]
Rexel’s “strategic” acquisition of Horizon Solutions leaves Rockwell with only 24 distributors in the US. The acquisition was a surprise for many and generated questions. According to the press release: Rexel SIGNS DEFINITIVE Agreement to Acquire Horizon Solutions “Rexel USA, […]
Recently I was contemplating the news that is impacting our industry and considering if what we are doing today will enable us to be successful going forward. Key headlines you hear repeatedly business newscasts include: Increased Interest rates making it […]
Last Thursday Acuity released their Q3 earnings report and exceeded industry performance when comparing their Independent Sales Network to our Q2 2022 Pulse of Lighting report (average industry results.) Congratulations to Acuity and its agents. Acuity Q3 (spring) Quarterly Results […]
Our recent posting on digital transformation got me thinking about data. Quality, matching data is the foundation of a digital initiative as, after all, data is what gets transmitted. This is needed for ERP systems and websites. For most distributors, […]
Last week almost 10,000 people from the electrical and lighting industry descended on Las Vegas to attend LightFair, which was held 8 months after the industry last convened to see lighting products in New York. This show had a different […]
Earlier this afternoon we learned that Dave Kinsella, president of AD’s Electrical Division in the US is leaving the organization. According to an email sent from Marisol Fernandez, President, Electrical & Industrial Business Unit to members and suppliers at 3:00pm, […]
As a start-up electrical distributor, founded in 2014, Lonestar Electric Supply has had a meteoritic rise in sales. The company has grown from $0 to $405 million as of the end of 2021 and is now ranked #27 according to […]
COVID accelerated many distributors’, and manufacturers’, interest in investing in technology. Coincidentally, just before COVID, NAED released it’s Building a Connected Business report and NEMRA released its Rep of the Future report (if you are a manufacturer or a rep […]
David Gordon
Channel Marketing Group
919-488-8635
