Allnet Distributing, the large Chicago-based custom integration-focused distribution company founded by former AVAD principal Wally Whinna, announced that it has opened an outlet in Carmel, IN, an area just outside of Indianapolis. The new location will take over responsibility for servicing the Indiana market which was previously handled out of the firm’s Chicago-area headquarters facility in Elk Grove Village, IL.
Distributors
Sales Down, Losing Money, Ingram Micro CEO Says ‘Doing a Great Job’
AVAD Parent Ingram Micro Reports Fiscal 2nd Quarter Results
Ingram Micro, Inc. reported results for the second quarter and first half of their current fiscal year and it would be easy to be confused by these results. Why? Well, sales were down 3.2%, operating earnings dropped an astonishing 98%, and last year’s net income plunged into a net loss this year. Yet CEO Alain Monié said in accompanying materials, “Our teams are doing a great job…”
Really?!?! See why Monié feels Ingram Micro’s doing a great job… [Read more…] about Sales Down, Losing Money, Ingram Micro CEO Says ‘Doing a Great Job’
DOW to Distribute Sony ES Line
Tampa, Fl-based DOW Electronics announced on Tuesday that it will distribute the entire Sony ES line of products, effective immediately. The latest addition to their line-up, DOW says Sony offers a line to dealers that is “protected from online shopping” and has “controlled distribution.”
See more on this development from DOW… [Read more…] about DOW to Distribute Sony ES Line
SupplyStream Says Its All About the Search
SupplyStream, the industry product-line aggregator that offers dealers and integrators a web platform with cross-vendor consistency in product and pricing information, announced today that it has upgraded its search function based on feedback from current users. The company also says that it will make its API available to select 3rd party software solution providers.
See more on this growing service… [Read more…] about SupplyStream Says Its All About the Search
AVAD Kicks Off a New Year of Vendopaloozas
AVAD, LLC, the custom integration-centric distribution division of Ingram Micro, announced today that it is launching its 2015 Vendopalooza program, the seventh year it has offered the traveling mini-trade show for dealers. And first up in the event schedule is on January 22nd at AVAD’s Irvine, California branch location.
See where the tour is going this year and what’s new for the 2015 version… [Read more…] about AVAD Kicks Off a New Year of Vendopaloozas
DOW Electronics Expands Into TX & OK via Acquisition of Eagle Distributors
Tampa, FL-based DOW Electronics, Inc. announced this week that it has reached “an agreement in principle” to acquire Eagle Distributors, LLC of Kenner, Louisiana. The deal, which represents a rather dramatic expansion of DOW’s geographic reach, is expected to close by mid- to late-February.
Learn more about this surprising announcement out of Florida… [Read more…] about DOW Electronics Expands Into TX & OK via Acquisition of Eagle Distributors
Future Ready Solutions Launches a New Kind of Connectivity Supplier
Adds Kordz to Its Line-Up of Select Connectivity Solutions
On the eve of the 2015 Consumer Electronics Show we received the announcement of the launch of a new kind of connectivity supplier called Future Ready Solutions (FRS). Launched by Bodley & Associates founder Eric Bodley, we have learned that FRS is a distinctly different kind of company – sort of a hybrid really – seeking to set the standard as your preferred provider of mission-critical connectivity solutions.
Learn more about this new kind of hybrid supplier of connectivity solutions… [Read more…] about Future Ready Solutions Launches a New Kind of Connectivity Supplier
One Week Later, DOW Electronics Expands CI Assortment with Select Lutron Products
About a week ago, we told you that DOW Electronics announced it was expanding its custom integration-oriented (CI) offerings by adding Logitech’s Harmony remote control line. Now, just one week later, the Southeast-region distributor announces new a partnership with CI cornerstone line Lutron on its wireless Caséta line.
See more on yet another CI-line acquisition by DOW… [Read more…] about One Week Later, DOW Electronics Expands CI Assortment with Select Lutron Products
Dow Electronics to Sell Harmony Remote Nationwide
We have learned that DOW Electronics, a Florida-based satellite and electronics distributor, is adding Logitech’s Harmony remote control line to its expanding custom integration (CI) assortment. In addition, and perhaps more importantly, we are told that the company will be distributing the line on a national basis.
See more on this new new CI line for the expanding Dow… [Read more…] about Dow Electronics to Sell Harmony Remote Nationwide
Ingram Micro’s Q3 Financials Show Sales Up; Profits Down
Ingram Micro, Inc. released the financial results for their fiscal third quarter (the period ending Sept. 27, 2014) showing generally positive results. Sales for the quarter increased to $11.2 billion, a $1 billion or 11% increase over the $10.2 billion for the same period last year. According to Ingram Micro CEO Alain Monié, the increase was due primarily to “new wins” and “strong market share.”
But while gross profits were up, gross margins, operating income, and net income were all down for the period…and that fact led us to take a closer look.
