Tuesday, August 25, 2009

Grainger's Revamped Web Site

Lindsay Young Konzak

David Gordon and Allen Ray recently posted on their blog that Grainger will be launching its revamped Web site soon. (See blog at http://www.electricaltrends.com/.) They say that the site relaunch is focused on improved searching capabilities, new features to "enhance productivity," enhanced account information and easier catalog access.

The investment is a good one for Grainger given that the distributor's e-commerce channel is growing at twice the company's growth rate, according to its 2009 Fact Book posted at its Web site. The distributor presents these numbers:

E-commerce sales rose by 13% to $1.5 billion (in 2008). Sales in the e-commerce channel represented 24% of overall sales for Grainger's U.S. business, 7% for the Canadian business and 9% for Grainger's other businesses.

Wednesday, August 12, 2009

Wolseleys New Industrial Catalog

Jack Keough -- Industrial Distribution, 8/11/2009 1:19:37 PM EDT

Wolseley's Canadian Industrial Business Group has released its new industrial products catalog.
The 2009-10 catalog features more than 850 pages with products from more than 200 manufacturers. It also includes nearly 200 pages of fastener-related products.
"The catalog also includes an enhanced 41-page technical section that includes fastener specifications, safety PPE respiratory selection charts and adhesive bonding guides," said Doug Collins, Director of Sourcing and Marketing. "With each edition we continue to expand our offering featuring more up-to-date products from our preferred vendor partners. Also, the charts and specifications make this catalogue an important reference guide for our customers."
This 2009-10 catalog includes product lines for OEM/MRO including:
• Health & safety
• Hand tools
• Power tools
• Facility maintenance
• Material handling
• Cutting tools, tooling components and precision measuring
• Abrasives
• Welding
• Fasteners
To browse the catalog online, visit the Wolseley Industrial Products Group website. The French version of the catalog will be available shortly.
Wolseley Canada is a distributor of plumbing, heating, ventilation, air conditioning and refrigeration, engineered pipe, waterworks, fire protection, pipes, valves and fittings and industrial supplies products. Headquartered in Burlington, Ontario, the company operates approximately 250 branches across Canada.

UPDATE-Grainger sales decline deepens in July

Wed Aug 12, 2009 11:33am EDT

NEW YORK, Aug 12 (Reuters) - WW Grainger Inc (GWW.N), a supplier of building maintenance products, said on Wednesday its sales declined at a faster pace in July than in either May or June, citing weak demand across its markets.
July sales were down 14 percent from a year earlier, compared to the 13 percent sales decline Grainger reported in June and 10 percent in June.
Sales for August are trending about the same as July, the company said.
Sales of seasonal products were weak because of mild weather in much of the United States. Sales to governments fell by mid-single digits, reflecting states' budget crises, while sales to the retail and manufacturing sectors were down by double-digits, Grainger said on a monthly podcast posted on its website.
About a quarter of company sales are to the manufacturing sector -- a smaller exposure to the sector than rivals like MSC Industrial Direct Co Inc (MSM.N) and WESCO International Inc (WCC.N).
Analysts have noted a high degree of correlation between Grainger's monthly sales performance and data on U.S. non-farm payrolls and industrial production, but improvement in those metrics has not been reflected in Grainger's results.
Last week's jobs report showed a much smaller than expected decline in U.S. payrolls, while this Friday's industrial production data are expected to show an increase.
The company also competes with industrial distributors Fastenal Co (FAST.O) and Applied Industrial Technologies Inc (AIT.N).
Grainger shares were down 47 cents to $88.25 in late morning trading on the New York Stock Exchange. Fastenal and Applied Industrial were both higher. (Reporting by Nick Zieminski, editing by Gerald E. McCormick)