Distributors seem to be coping quite well with major economic and ecommerce challenges ranging from supply chain disruption and a tight labor market to high inflation and the still ongoing COVID-19 pandemic.
The year thus far has been a yo-yo for distributors wrestling with a business world that’s going through a sea change, from how companies of all sizes used to operate, to a time when digital commerce — and transformation — are the way of the future.
But so far, distributors seem to be coping quite well with major economic and ecommerce challenges. Those range from supply chain disruption and a tight labor market to high inflation and the ongoing COVID-19 pandemic.
That’s evident in how distributors and wholesalers are doing with sales. And so far in 2022 it’s going well, based on monthly data from The U.S. Department of Commerce.
For the first six months of the year, the combined sales of all U.S. wholesalers and distributors increased year over year to $4.126 trillion. That’s up 22.1% from $3.380 billion in the first six months of 2021, according to the Department of Commerce.
For the second quarter ended June 30, 2022, distributor sales were strong. They grew about 21% to $2.10 trillion from $1.77 trillion in Q2 2021. Manufacturers, distributors and ecommerce sales
The Department of Commerce does not break out ecommerce sales in its monthly reporting of manufacturer and distributor sales. But the second-quarter and six-month ecommerce sales of big public distribution companies mirror the trend of growing digital sales for distributors and wholesalers.
For example, W.W. Grainger did not break out the company’s total Q2 ecommerce sales. In recent years, it has said ecommerce represents about 60% or more of total sales. Based on those figures, Grainger’s total ecommerce sales were about $2.34 billion. That’s up 21.9% from about […]
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