The News Group
With more than 100 years in the magazine and book wholesale business, The News Group is North America’s largest magazine and book wholesaler.
Introduction
The News Group is North America’s largest magazine and book wholesaler. We are also a rapidly growing supplier of merchandising services for retailers and manufacturers in the United States and Canada. With a leading market share in both the United States and Canada, and with Select Media serving specialty retailers in Puerto Rico and all 50 states, The News Group is North America's leader in periodicals marketing and distribution.
The News Group, including The News Group LP and Select Media in the United States, distributes magazines, books and a growing number of products to customers across the United States. With industry-leading distribution and logistics operations, The News Group US operates from 115 service centers and 27 distribution centers, making nearly 50,000 deliveries to 40,000 customers each week. Our local operating managers take pride in delivering excellent service based on their local market knowledge. The News Group’s broad reach and large infrastructure across North America provide a complete supply chain management solution, including outbound and reverse logistics for more than two billion periodical copies per year.
The News Group is broadening the scope of its core business of books and magazines, devoting key personnel and resources to growing relationships with new manufacturers and retailers. By expanding the News Group's excellent retailer relationships and its impeccable service capabilities, we are identifying the right businesses with which to partner in this brokerage portion of our company.
The News Group continues to be the largest wholesaler in the US periodical distribution market. We expanded our footprint in late 2010 by acquiring Spanish Periodicals, the leading distributor of Latino periodicals in the US. The acquisition gives The News Group the ability to take advantage of the fast- growing market of Spanish publications and will enable us to offer an expanded assortment to retailers serving Spanish speaking customers.
As one of North America’s largest book distributors, with a share of more than 25% in its core book markets, The News Group’s book sales prospered in 2010. We established our own publishing company, Lake Park Publishing with our first book release in December 2010. Lake Park Publishing will release more publications in 2011.
The News Group-Canada has been a leader in the Canadian magazine and book wholesale industry since it began operations in Hamilton, Ontario on November 26, 1907. We have earned a leading market share in magazines and our core retail book markets. We are Canada’s largest magazine and book distributor. Our customers include leading retailers such as Loblaw, Shoppers Drug Mart, Chapters-Indigo-Coles, Safeway, London Drugs, 7-Eleven, HDS Retail, BC Ferry Corporation, Metro and the Overwaitea Food Group.
The News Group made two strategic acquisitions in 2010. In March, Medialogix, Canada’s largest specialty magazine and book wholesaler was acquired. Medialogix has been a market leader providing reading materials to Canadian specialty retailers such as Home Depot, Lowes, Canadian Tire, Michaels, and Staples along with many Ontario Public Library locations. Our second acquisition was Stenek Corporation, a leading merchandising distributor of consumer products. Stenek services over 1,200 retail locations in Atlantic Canada, based out of Amherst, Nova Scotia. The company carries over 8,000 SKUs from 400 manufacturers in 15 categories, specializing in the design, installation and management of planogram sections in supermarkets and pharmacies. Stenek operates a sophisticated single unit pick and pack distribution centre providing just-in-time order fulfillment to regionally based merchandisers. In addition to offering Canada’s largest selection of Clip Strip and Side Panel SKUs, Stenek manages up to 240 feet of retail space of general merchandise. Our plan is to grow Stenek nationally, as The News Group diversifies into new products and services, utilizing our existing Canadian infrastructure. We continue to add exciting new products and services, as we diversify our offering to include general merchandise, specialty food and merchandising services.
Both directly and through our joint ventures operating in Ontario and the Prairies, The News Group Canada supplies over 7,000 retail stores in all of Canada’s ten provinces and three territories, making us the country’s only fully national periodical wholesaler.