Grainger today reported sales results for the month of October 2016. Company daily sales were flat in October of 2016 versus October of 2015, driven by a 1 percentage point increase in volume offset by a 1 percent decline in price. The month of October 2016 had 21 selling days, one fewer than the previous year. The 2016 fourth quarter will have 63 selling days, one fewer than the 2015 fourth quarter.
Kelley Holmes, a 25-year veteran in publishing, acquires the B2B assets of PrintingNews.com, Printing News, Inkjet’s Age, and Wide-Format & Signage from Endeavor Business Media for an undisclosed amount. The team will be retained.
“The printing industry is an incredibly dynamic field redefining itself by extending into multiple industries including signage, textiles, industrial and decorative printing with amazing personalization and cross-platform opportunities. The combination of print and online publishing is a powerful tool in any marketers plan and this 90-year-old brand will continue to be on the forefront of creating engaging content within these markets and others to help executives thrive well into the future”, said Kelley Holmes. “We have some exciting plans to announce soon that will secure a much stronger print presence in the very industry where print happens every day.”
“I’m very happy we were able to work this out. Kelley has invested so much of her career in these publications it seemed appropriate that the next chapter would be hers to write,” said Chris Ferrell, CEO of Endeavor Business Media.
“The relationships Kelley has cultivated over the last 25 years are invaluable and secure PrintingNews.com as the premier source for news in the printing space,” said Rebecca Flores, Managing Editor of PrintingNews.com.
“I am pleased and excited that the Printing News Brands, so rich in history in the printing industry will continue to lead the market in providing the latest information in our growing and expanding industry. I look forward to helping these brands grow even more,” said Paul Zimmerman, National Accounts Manager at PrintingNews.com.
For more information about Printing News offerings visit www.PrintingNews.com.