Augment makes first move into $8 trillion distribution sector [Yahoo! Finance]
W.W. Grainger, Inc. (GWW)
Last w.w. grainger, inc. earnings: 4/23 08:00 am
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Source: Yahoo! Finance
in the more than $8 trillion U.S. wholesale distribution sector. It's an industry that still relies heavily on legacy systems and spreadsheets. The deal brings distribution industry veteran Alex Moazed to Augment as president of wholesale distribution, along with co-founders Nick Johnson and John Schumacher, former head of AI at Grainger. One reason behind the acquisition? Customer demand. Freight brokers and carriers kept asking Augment CEO Harish Abbott whether the platform worked with distributors — their biggest customers. “When we looked at what Alex had built, two things stood out immediately: distribution-specific domain expertise that would have taken us years to replicate, and a data philosophy we share completely — customer data stays isolated, period,” Abbott said. “It never trains models for anyone else.” Moazed co-founded Merlin after running Applico Capital, the distribution industry's first dedicated venture capital fund, where he evaluated over 700 supply chain
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News
- Augment Acquires Stealth Startup, Bringing AI to the $8 Trillion Wholesale Distribution Industry [Yahoo! Finance]Yahoo! Finance
- GRAINGER'S SHAREHOLDERS ELECT 12 DIRECTORS AND OTHER ANNUAL MEETING HIGHLIGHTS [TheStreet.com]TheStreet.com
- GRAINGER'S SHAREHOLDERS ELECT 12 DIRECTORS AND OTHER ANNUAL MEETING HIGHLIGHTSPR Newswire
- GRAINGER INCREASES QUARTERLY DIVIDEND BY 10% [TheStreet.com]TheStreet.com
- GRAINGER INCREASES QUARTERLY DIVIDEND BY 10%PR Newswire
GWW
Earnings
- 2/3/26 - Miss
GWW
Sec Filings
- 4/2/26 - Form 4
- 4/2/26 - Form 4
- 4/2/26 - Form 4
- GWW's page on the SEC website