Scholastic is one of the world's largest companies dedicated to the education of young people, from pre-schoolers to secondary school students. It is best known for its magazines, books, software and video. Scholastic Network and the Scholastic Internet Center are two of Scholastic's newest ventures. A powerful force in education for more than 70 years, Scholastic was founded as a regional Pennsylvania classroom magazine publishing company in 1920 by Maurice R. Robinson.
Scholastic is the largest publisher and distributor of children's books in the English-speaking world. Each year, Scholastic sells more than 125 million books, more than four books for every child in the United States. Scholastic now publishes more classroom magazines than any other company in the English- speaking world. Scholastic products are used in nine out of 10 schools across the United States. A representative sample of Scholastic products may be ordered online from The Ultimate Education Store .
Scholastic is headquartered in New York City, where it employs nearly 1000 people. Its distribution center in Jefferson City, Missouri has more than 1000 employees, and its information processing center in Lyndhurst, New Jersey employs 150 people. In addition, Scholastic employs 120 people outside of these three offices in the United States. The company has a total of 1,000 full and part-time employees in its offices in Canada, Australia, the United Kingdom, and New Zealand.
Scholastic Corporation went public in February, 1992. It trades on the NASDAQ Market System under the symbol SCHL. Its President, Chairman of the Board, and Chief Executive Officer is Richard Robinson.
