Grainger’s sales increase 10% in August

W.W. Grainger Inc., Lake Forest, Ill., said its August sales increased 10% versus August 2011. A press release announcing the sales results said results for the month included a 4 percentage point contribution from acquisitions and a 1 percentage point decline from foreign exchange. Organic sales increased 7 percent, including 4 percentage points from volume, 4 percentage points from price, partially offset by a 1 percentage point decline from lower sales of hurricane-related products in August 2012 versus August 2011. Details