Fairchild Publications has sold Supermarket News to Prism Business Media
Founded in 1892 by Louis Fairchild in Chicago, the company is firmly grounded in being first to break and report news in the worlds of retail and style. At the turn of the century, the company moved to New York. In 1999, Fairchild was acquired by Advance Publications from Disney. Today, there are four divisions of Fairchild Publications: WWDMediaWorldwide, the Consumer Magazine Division, the Business-To-Business Division and Fairchild Internet, Inc. With Women’s Wear Daily as its flagship franchise, Fairchild properties serve as the products of record for the world’s business and opinion leaders. Fairchild’s sphere of influence extends from seminal textbooks used in fashion schools around the world to CEO summits that serve as global think-tanks. Each of our business-to-business publications is respected as a vital resource and the voice of authority within its respective industry. All of our consumer magazines represent the most progressive viewpoint in their category, serving to redefine the genres themselves. And Fairchild’s internet division represents a new generation of information, utilizing technology to integrate resources with accessibility. Fairchild’s purpose is to produce first-rate publications that deliver the latest-breaking news and information on retail and style. Fairchild’s first priority is to create a work environment that encourages a free flow of ideas, that challenges and inspires employees and that rewards originality and results. Fairchild’s people share the company’s commitment to progressive ideas, aggressive leadership and bottom-line efficiency. They are the backbone of the company. And they ensure its future growth and success.
Prism Business Media is a leading producer of targeted publications, Web sites and exhibitions that bring sellers together with qualified buyers. It consists of more than 70 publications, 130 Web sites, 180 e-mail newsletters, more than 20 trade shows and more than 450 directories and books that serve professionals in 20 market sectors including: Agribusiness, Communications, Electrical & Public Services, Entertainment, Marketing and Transportation. More information about the company can be found at: www.primediabusiness.com
|Transaction Type||M&A Sell-side|
|Sold to||Prism Business Media|