Scholastic is a public company that appears on the NASAQ stock exchange. Founded in 1920, the company is based in New York City, New York and is both a publishing company and a retailer. As the largest publisher and seller of children's books in the world, Scholastic is widely known around the globe. The company sells books in book stores, but also offers direct sales through special book club circulars and book fairs distributed and held at schools across the country. Parents can also directly purchase Scholastic books and magazines for their children online from The Scholastic Store at store.scholastic.com.