William Reed Business Media
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William Reed Business Media is a business magazine and digital media company based the United Kingdom. In 2018 it has British offices in Crawley and London, and additional offices in Montpellier, France, Singapore and Chicago, United States.
|Country of origin||United Kingdom|
|Headquarters location||Crawley, Sussex|
|Publication types||Magazines, Directories|
In 1861 William Reed founded his own publishing company William Reed Publishing in London. With the contacts he had made working in the grocer industry and the knowledge he had gained, he launched his first journal, The Grocer in 1862, from his premises based in Bow Lane, London. The Grocer gave readers the latest news and analysis of the trade. A year later the Wine Trade Review launched as a supplement to The Grocer.
By 1864, Reed targeted the brewing industry with Brewers Journal, and its supplement, Hop & Malt Trades Review and in 1868 he had added Tobacco Trade Review to his company's magazine line up. Reed died in 1920; at that time The Grocer was his company's best known publication, and was used by the Ministry of Food to make announcements.
After Reed's death his publishing company continued to be operated by his son.
In 2011, William Reed acquired him! a research based retail consultancy. It bought also The Publican and merged it with its Morning Advertiser title to form The Publican's Morning Advertiser (the name was changed back to The Morning Advertiser in 2016). That year the company showed a turnover of about £27 million and profit of about £1,668,000. The company had 266 employees.
In 2015, the company continues to be owned by later generations of the same family, as the company William Reed Business Media based in Crawley, Sussex. This company is split into five main sectors: digital media, publishing, events, directories and newsletters.