AD reported that member sales in the first three months of 2022 were $17.2 billion, an increase of 35% across its 13 divisions and three countries compared to the first quarter of 2021. Same-store sales were up 27%. All 13 of AD’s divisions experienced double-digit sales growth.
Significant price inflation cited among factors; Recession forthcoming?
April 29, 2022
Respondents reported calendar-year-to-date sales growth of 24%. For the trailing 12 months ending March 2022, respondents reported strong sales growth of 23.7%.
The Healthy H20 Act would provide grants for water quality testing, purchase and installation of point-of-use or point-of-entry water filtration systems that remove or significantly reduce health-based contaminants from drinking water.
After two-year COVID hiatus, first in-person industry show is a success.
April 25, 2022
The Kitchen & Bath Industry Show (KBIS) wrapped it’s first in-person show in two years. The combined strengths of the NKBA and the National Association of Home Builders (NAHB), continuing their nine-year partnership to produce Design and Construction Week (DCW), brought forth the first and one of the largest in-person events since the beginning of the pandemic.
On April 1, Senior Vice President and General Manager Trey Berlin, credited with growing Coburn’s Gulf Coast footprint, retired after 50 years of service to the company.
Raritan Group announced its recent hire of Donna Macaron, who will join the team as an Industrial Sales Specialist. In her new role, Macaron will be accountable for creating strategies to improve profitability and increasing sales.
The American Supply Association’s Alice A. Martin Woman of the Year Award was presented to Delta Faucet Co. Senior Director, National Trade Sales Suzanne Chreene at the recent ASA Women in Industry ELEVATE2022 spring conference in Louisville.
Reports are claiming that the Biden Administration may delay the lifting of Title 42 beyond the current May 23rd rescission date. While some Democrats are opposed to this, Republicans and many moderate Democrats are opposed to lifting Title 42, which keeps migrants seeking entry to the US, in Mexico, until their cases are heard