E-commerce a bright spot for Sally Beauty | Lawson Products saw sales recovery as Q2 went on | Weyerhaeuser posts Q2 profit
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August 3, 2020
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Sally Beauty Holdings posted a net loss of $23.5 million on net sales of $705.3 million for the latest quarter, with sales down 27.7% from a year ago. However, e-commerce sales increased by 278%, and all stores were open in the US, EU, UK and Canada as of June 30 after being closed due to the pandemic.
Full Story: Yahoo/Women's Wear Daily (7/30) 
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Lawson Products posted $72 million in second-quarter sales, down 24.9% from a year ago, and net profit of $0.6 million, down from $1.3 million. However, month-over-month average daily sales increased in May and June.
Full Story: Industrial Distribution (7/30) 
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Next Level Application Testing
Now more than ever, retailers must ensure flawless experiences for their customers. Organizations must improve their customers' experience and drive better relationships with their audience across points of contact. Hear from testing experts how you can improve and accelerate your testing program using automation, crowdtesting and Artificial Intelligence in this webinar.
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Operations and Technology
The trucking industry is experiencing a rise in commercial auto insurance rates amid the coronavirus pandemic, even at companies that haven't seen losses recently, Risk Placement Services says in a report. Trucking has a major impact on the broader commercial auto sector, which has faced a long stretch of double-digit rate increases and struggling combined ratios, the report says.
Full Story: Business Insurance (tiered subscription model) (7/28) 
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Sales and Marketing
Distributors need to send frequent targeted marketing messages to customers to keep their products top of mind and increase sales, write Ian Heller and Jonathan Bein of Distribution Strategy Group. They list channels to use and best practices for how often to send messages.
Full Story: Distribution Strategy Group (7/31) 
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George P Johnson CEO Chris Meyer offers a guide to pivoting in-person event marketing to digital or hybrid experiences that spans creating a core framework and content principles to ensure all virtual events are aligned to brand voice and purpose. He offers advice on platform selection, planning user journeys, creating social communities, serializing storytelling and designing empathetic experiences.
Full Story: MarketingProfs (free registration) (7/29) 
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The Business Leader
Leaders are automatically at a remove from the group, so they should focus on creating an environment where team members can connect, collaborate and succeed, writes Art Petty. He offers five ways leaders can be better leaders and get over their feelings of disconnect, he writes.
Full Story: SmartBrief/Leadership (7/30) 
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NAW Insider
Register for NAW's August webinar: "Distributors' Views on Technology Disruption and How to Respond"
(NAW)
Based on original research conducted in July with wholesaler-distributors in many lines of trade across the industry, author Ian Heller of Distribution Strategy Group will reveal on this webinar how distributors evaluate and respond to emerging technologies. Is Artificial Intelligence a threat, an opportunity, or both? Find out how distributors plan to incorporate new technologies to build their competitive advantage. Register now. Research report with more intel is coming in early August. Sponsored by Unilog, SAP and Conexiom.
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In tough times, gaining new industry knowledge is helpful
(NAW)
Are you well-informed about different best practices and knowledge in our industry? If not, NAW's Top 10 E-book List can help get you up-to-speed quickly so you and your business can stay competitive in these challenging times.
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"How Technology Will Transform Wholesale Distribution" - 7 reports and 7 webinars in 7 months
(NAW)
Are you ready for the technology that is transforming distribution? With the influx of new competitors and new technologies, changes are happening at warp speed. In this NAW series of seven research reports and seven accompanying webinars in seven months, distribution expert Ian Heller will help you to gain the intelligence you need to formulate new strategies and ensure that your company thrives through this era of technology transformation. You've got seven months, so let's get started. Sponsors include Unilog, SAP and Conexiom.
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