It’s the first time Zoro has reached $1 billion in sales over the course of a calendar year.
Zoro.com, Grainger’s U.S.-based e-commerce platform, has reached $1 billion in sales through its website for the first time in a calendar year, Grainger announced Dec. 14.
“Zoro exists to make our customers’ lives easier, and this achievement is a testament to the ways we continue to help small businesses find and buy more of what they need in one place,” Zoro.com President Kevin Weadick said “Thank you to the Zoro team for reaching this milestone, to our supplier partners, and to the customers who continue to trust in us to get them what they need to run their businesses. We believe there is nothing but opportunity for Zoro to continue to grow as we strive to have every product for every customer.”
Zoro.com launched in May 2011 with 20 employees and offering 180,000 items. Today, Zoro employs over 600, and its catalog has grown to more than 11 million unique products. Zoro has experienced explosive growth in 2022, as its sales vaulted 27.4% to $276 million in the third quarter, up $217 million year-over-year.
Lake Forest, Illinois-based Grainger ranked No. 1 on MDM’s 2022 Top Industrial Distributor list. Grainer was also the No. 1 MRO Industrial Distributor, No. 1 Fastener Distributor, No. 5 Fluid Power Distributor, No. 7 Power Transmission/Bearings Distributor and No. 15 Electrical, Data & Security Distributor. In September, Grainger said it expects to near $20 billion in annual sales by 2025.
To learn more, listen to this MDM podcast with Tracy Buelow, Zoro’s Director of Business Development and panelist at MDM’s 2022 SHIFT conference.
Related Posts
-
The Sonepar company also said its 500,000-square-foot Central Distribution Center in Katy, Texas, will open…
-
The MRO products giant’s annual Investor Day event outlined the company’s three-year performance projections, which…
-
Sales growth was slower than in 2Q, but Grainger remains on pace to finish 2022…
Brad Star is an Associate Editor at MDM, having joined the company in August 2022. He spent most of the previous two years as a Business Reporter for USA-Today Network-Wisconsin’s Appleton Post-Crescent, writing its Buzz column that covered local retail and consumer service businesses in the Fox Cities. Star has a degree in economics from Beloit College.
Read the latest articles and see your reports.
Sign Up for the MDM Update Newsletter
The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.
