Facebook  Twitter  LinkedIn  

Visit min's sister site:
BREAKING NEWS & VIEWS

Nielsen’s Food Retail Books Go to Stagnito
Wednesday, March 10, 2010
Steve Smith

Comment Print Email Article Database Share on Delicious Del.icio.us Digg Digg RSS  Share on LinkedIn Click to share this post on Twitter Reprints
Continuing its divestiture of trade titles, Nielsen Business Media has sold Convenience Store News, Convenience Store News for the Single Store Owner, Progressive Grocer and The Gourmet Retailer to Deerfield, Illinois-based Stagnito, Inc. In addition to the print titles, which serve the food retail chain, Stagnito will control all associated newsletters, Webinars and conferences. As well, Nielsen is including in the deal the database products, including Directory of Convenience Stores and Grocery, Drug and Mass Merchant Marketing Guidebook.

Stagnito was formed last year by Harry Stagnito, Kyle Stagnito, Kollin Stagnito and Ned Bardic and currently publishes titles in the civil engineering segment, including CE News and Structural Engineering and Design. Their previous company, Stagnito Communications, owned by Ascend Media, was sold to BNP in 2007, but only after the Stagnitos had built it into a portfolio of more than a dozen magazines. The original Stagnito Communications had been built on a foundation of food industry books. "We’re excited about re-entering the food industry with the acquisition of such highly recognized and respected food media brands, and related products," said Harry Stagnito in a statement. "Our goal is to introduce a new business model to the food market to take advantage of the trend towards targeted and measurable integrated media.”

Harry Stagnito, CEO, tells minonline that he plans to build out the stable of food books in their frequency and circulation and “with integrated media products.”

“We will not consolidate any of the titles,” he says.

As we have been reporting throughout 2009, the food retail category weathered the recession better than most b2b segments. The latest group publisher figures from IMS/The Auditor show that Convenience Store News was down only 5.96% in ad pages for December 2009 vs. December 2008 and CSN Single Store was up .89%. The smaller Gourmet Retailer was down 62.68% for the month.

If you have breaking news to share please contact Steve Smith at ssmith@accessintel.com

COMMENTS
Search Jobs
Media Jobs

App Central

min's App Central (for min subscribers only): Stay on top of mobile app developments with exclusive app reviews, analysis and data.

Please enter the following information to have a link to The Skinny emailed to your iPhone:

White Papers
Get even smarter -- download a white paper today. 


... view Whitepapers
min Contests

min contests
Want to sponsor a min contest?


  Events

      Best of the Web, April 3, 2012

min's Sales Executive of the Year Awards
Call for Entries

min Press

min's Mobile App Report

 View Details
                           

min Presents: The Most Intriguing & Top-Selling Magazine Covers 2007-2010Intriguing & Top-Selling Magazine Covers

 View Details
                           

State of Digital MediaThe State of Digital Media

 View Details
                                                      

                                    Internet Sales            Guidebook

 View Details

All min Press

Inside min This Week
Events Calendar

min's Best of the Web Awards
Event April 3, 2012 at the Grand Hyatt, NYC
Register Today!


min Webinar:
Tablets 2.0: Generating a Revenue Plan for the Tablets Platform
December 8, 2011 1:30-3:00 p.m.
Available on Demand


All Events




min
Free Eletters — Sign up Now
HOME | PUBLICATIONS | AWARDS | EVENTS | TRAINING | E-LETTERS | BOXSCORES | MEDIA JOBS | FREELANCE JOBS | ADVERTISE | SERVICES | SITEMAP | CONTACT US
Copyright © 2012 Access Intelligence, LLC. All rights reserved. Reproduction in whole or in part in any form or medium without express written permission of Access Intelligence, LLC is prohibited. For more details please see Terms and Conditions.