SRS Distribution acquires JB Wholesale

Building materials distributor SRS Distribution Inc., McKinney, Texas, has acquired JB Wholesale Roofing and Building Supplies Inc., Chatsworth, California. Financial terms of the deal were not disclosed. JB Wholesale, a distributor of residential and commercial roofing and other related products, was founded in 1979 by Keith Jones and is currently managed by Brian Jones and…

Barclays announces the launch of the ETN Pacer® iPath® Gold Trendpilot (symbol: PBUG)

NEW YORK–(COMMERCIAL THREAD) – Barclays Bank PLC (“Barclays”) today announced the launch of the Pacer® iPath® ETN Gold Trendpilot (the “ETNs”). ETNs will monitor the performance of Pacer Barclays Gold Trendpilot Total Return Index (the “Index”). “At Pacer Financial, we are delighted to extend our relationship with Barclays by adding a second ETN that tracks…

UNFI sees momentum strengthening, despite year-over-year decline in third quarter sales

Because 2020 sales were so extremely unusual, United Natural Foods Inc. (UNFI) knew it wouldn’t exceed those numbers, but the company was still bullish on its third quarter profits – the first quarter to exceed boosted sales. by last year’s pandemic – especially when compared to fiscal 2019. UNFI reported third quarter net revenue of…

Latest trends in wholesale distribution industry 2020 – alibaba seller blog

Life as we knew it came to a halt when the novel coronavirus spread across the world in early 2020. Supply chains derailed when factories, warehouses and distribution centers closed and production of many products ceased. Profits have been lost and businesses have suffered. Fortunately, many companies have taken advantage of this disruption to explore…

6 Tips for Running a Successful Wholesale Distribution Business – Alibaba Seller Blog

The wholesale distribution industry is full of opportunities for entrepreneurs around the world. With the growth of the internet, many existing wholesalers are finding innovative ways to develop and expand their businesses. In this article, we’ll discuss how to ensure that your wholesale business is set to thrive for years to come. We’ll talk about…

High Tide Announces Elimination of Senior Secured Debt and Addition to AdvisorShares Pure Cannabis ETF (NYSE: YOLO)

“With our recently closed $ 23.6 million the supply of shares and total debt currently standing at $ 31.6 million – of which only $ 3.8 million is expected over the next twelve months – High Tide’s financial strength has never been stronger. Having declared an adjusted EBITDA of $ 4.6 million for our last…

Ocugen stock market crash: what should investors do now?

Jjust a few days ago, Ocugen (NASDAQ: OCGN) was flying high with stocks rising over 460% year-to-date. Investors were hoping the small drugmaker would be able to secure an Emergency Use Authorization (EUA) in the United States for Covaxin, the COVID-19 vaccine developed by Ocugen’s partner, Bharat Biotech. On June 10, however, Ocugen announced that…