This company knows a thing or two about the world of five and dimes. Lebhar-Friedman publishes industry-specific content for the retail market. Its two flagship brands include trade magazines Chain Store Age and Drug Store News and their related websites. It also offers research and analysis through Retailing Today, which publishes eight weekly e-newsletters. In addition, the company operates RetailNet.com, a database of articles, reports, and digital information on the various sectors of the retail market, including apparel, grocery, drug store, and home improvement. Lebhar-Friedman was founded in 1925 when Arnold Friedman and his partners Godfrey Lebhar and John Stern started Chain Store Age.
Lebhar-Friedman formerly covered the medical and food service fields in addition to the retail market, but it divested those assets in late 2010. It sold Dowden Health Media, a provider of marketing, communications, and information technology services to pharmaceutical and hospital clients, to private equity firm High Road Capital Partners. It also sold Nation's Restaurant News, which company president Roger Friedman had created in 1967, to trade publisher Penton Media. The company sold those operations to help pay off debt it acquired after purchasing Dowden Health for $40 million in 2005. – less