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b2b Vets Weigh In: 'A Cautionary Tale for Everybody'
Reed Elsevier's Reed Business Information-US completed a 10-month process of divesting itself of the majority of its print magazine titles with the April 16 closure of 23 books that Reed had failed to sell off in recent months. The titles cut across the construction, food service, graphic arts and materials handling verticals.
The roster of defunct books: Building Design+Construction, Chain Leader, Construction Bulletin, Construction Equipment, Consulting-Specifying Engineer, Control Engineering, Converting, Foodservice Equipment & Supplies, Graphic Arts Blue Book, Graphic Arts Monthly, HOTELS, Logistics Management, Material Handling Product News, Modern Materials Handling, Plant Engineering, Professional Builder, Professional Remodeler, Purchasing, Restaurants & Institutions, Semiconductor International, Spec Check, Supply Chain Management Review and Tradeshow Week. (See RBI boxscores on page 3.)
Reed is retaining Variety, 411 Publishing, the Reed Construction Data product and the Buyerzone lead-gen business. Jewelers' Circular Keystone will now be part of the Reed Exhibitions unit.
In order to assure customers of Reed's remaining properties, the CEO of Reed Construction Data, Iain Melville, issued an online statement telling his clients, "Reed Construction Data is...