ShopLocal

Infobox Company
name = ShopLocal LLC

type = Subsidiary
genre =
foundation = 1999
founder =
location_city = Chicago, Illinois
location_country = U.S.
location = 225 North Michigan Avenue, Suite 1500
locations =
area_served =
key_people =
industry =
products =
services =
revenue =
operating_income =
net_income =
assets =
equity =
owner = Gannett Company
num_employees =
parent =
divisions =
subsid =
slogan =
homepage =
footnotes =
intl = ShopLocal is a marketing and advertising service that builds, hosts and maintains the weekly ads for top U.S. retailers. ShopLocal SmartMedia can take those weekly ads and turn them into interactive, localized banner advertising that can be run anywhere on the Internet. The company also hosts an online price comparison service, ShopLocal.com.

ShopLocal partners include 29 of the 30 top retailers in the circular space, including Target, Lowes, CVS, and Walgreens.

The company originally started as Saleshound.com in 1999 and then later became CrossMedia Services.

In 2004, Gannett Company, Knight Ridder (now owned by The McClatchy Company) and Tribune Company acquired CrossMedia Services from Gabriel Venture Partners in a joint venture. [http://www.gannett.com/news/pressrelease/2004/pr050604.htm]

The company changed its name to ShopLocal LLC in September 2005. [http://www.aboutshoplocal.com/press_release/2005/2005_8.html]

In 2006, adjustments were made to ownership. [http://www.gannett.com/news/pressrelease/2006/pr080106.htm]

* Gannett Company (42.5%)
* Tribune Company (42.5%)
* The McClatchy Company (15%)

On July 8th, 2008 Gannett acquired both Tribune's 42.5% share for $22.3 Million and McClatchy's 15% share for $7.9 Million, making ShopLocal 100% owned by Gannett. [http://uk.reuters.com/article/governmentFilingsNews/idUKN0826729220080708] Gannett plans to have ShopLocal work more closely with PointRoll.

Corporate Information

225 North Michigan Avenue, Suite 1600
Chicago, IL 60601
Phone: [phone]
Fax: [phone]

The CEO is Vikram Sharma.
The COO is Bill McCarthy.
The CFO is Mary VanKoevering.
The CMO is Bob Armour.

ShopLocal's marketing site is located at http://www.aboutshoplocal.com.

ee also

* CareerBuilder
* Topix.net
* Classified Ventures:* apartments.com:* cars.com:* Homescape:* HomeGain

External links

* [http://www.shoplocal.com Official website]