AD Member Sales Continue to Break Records with 13% Increase in 2018 Q2 YTD
Aug 13, 2018
A 13% increase in AD member sales, across the contractor and industrial products wholesale buying/marketing group’s 12 AD divisions, totalled US$20.1 billion through the first six months of the year. Purchases from AD suppliers also grew by 13% YTD.
A 13% increase in AD member sales, across the contractor and industrial products wholesale buying/marketing group’s 12 AD divisions, totalled US$20.1 billion through the first six months of the year. Purchases from AD suppliers also grew by 13% YTD.“Despite unfortunate turbulence in political realms, lower taxes and a less antagonistic regulatory environment in the U.S. are contributing to Member sales growth in every AD industry,” says Bill Weisberg, AD’s Chairman and CEO. “We continue to be bullish for the rest of the year. In the first six months of 2018 we welcomed many new additions to the AD community: 28 new members, 26 new suppliers and seven new HR and procurement service providers. The success of AD eCommerce Solutions continues, now providing over 3.5 million normalized and attributed SKUs representing over 2,000 manufacturers to the 193 AD subscribing members, 67 of which are now live with digital branches using AD produced content, and another 15 will be launching digital branches later this year.
”On a same store basis, by industry, Q2 YTD sales increased as follows:
• PHCP sales — 13%
• Industrial/PT sales — 12%
• electrical sales digital branches — 9%
• building materials — 7%By country, same store sales in Canada was up 10%; U.S., 11%; Mexico, 12%.
