Overall ecommerce sales at Fastenal Company, a major distributor of industrial and construction supplies, increased in importance as 2020 came to a close, Fastenal reported today.
Ecommerce sales—which the company defines as web and EDI sales—increased year-over-year average daily sales by 38.3% in the fourth quarter ended Dec. 31, with these sales accelerating throughout the quarter. The web sales portion increased by 23.0%; large-customer EDI sales rose by 43.6%, Fastenal said Wednesday.
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