Scholastic Inc. Issues Statement on “Scholastic School Supply”

Contact:
Kyle Good
kgood@scholastic.com
(212) 343-4563

 

New York, NY – September 10, 2014 – Scholastic (NASDAQ: SCHL), the global children’s publishing, education and media company, today issued this statement regarding “Scholastic School Supply”:

Many of our customers have received invoices from a company calling itself “Scholastic School Supply.” Scholastic School Supply is not affiliated with Scholastic Inc., but rather is a company that is using Scholastic’s name and trademark without authorization.  Scholastic recently became aware of this company and its actions, and has demanded that they cease and desist using Scholastic’s name and trademark, which they have agreed to do, but they seemingly have not done so as of the date of this communication.

In addition, Scholastic has been investigating this company and will continue to, and if we determine that this company is allegedly violating any other laws or regulations, we will take prompt, appropriate action. However, in the course of our investigation and through conversations with our customers who have brought this company to our attention, it appears that numerous schools and districts have referred “Scholastic School Supply” to various state attorneys general and the U.S. Postal Inspector in Nevada and New Jersey for further investigation.

 

About Scholastic

Scholastic Corporation (NASDAQ: SCHL) is the world's largest publisher and distributor of children's books and a leader in educational technology and related services and children's media. Scholastic creates quality books and ebooks, print and technology-based learning materials and programs, magazines, multi-media and other products that help children learn both at school and at home.  The Company distributes its products and services worldwide through a variety of channels, including school-based book clubs and book fairs, retail stores, schools, libraries, on-air, and online at www.scholastic.com.