Wolseley plc will cut 250 jobs in the United States and Canada and close 90 branches, according to reports in Industrial Distribution and the Daily Press in Newport News, Va. Two hundred of those jobs and 75 of the branches are at Ferguson Enterprises locations in the United States.
Wolseley is the world’s largest distributor of plumbing and building supplies. Its U.S. operations, Ferguson Enterprises and Stock Building Supply, are suffering through 20-percent declines this year becau
All access premium subscription
Only Electrical Marketing newsletter subscribers have access to premium content.
Being a subscriber to the Electrical Marketing newsletter allows you exclusive access to high value content including key economic indicators measuring the health of the market and access to the Electrical Price Index and other important industry insights.
Sign up for the Electrical Marketing newsletter to get access.