Company readers are upset as the long-running periodical announced the closure of its print edition after 36 years, becoming the latest magazine to succumb to digital media. Following years of dwindling sales, the monthly women's magazine has been canceled by its publisher, Hearst Magazines UK. The last issue will be published in March. The magazine had a circulation of about 500,000 copies, making it one of the most popular titles among women in the United Kingdom. It was known for its quality articles on fashion, beauty, food, and travel. It was founded in London in 1980 by David Montgomery, who also served as its editor until 2001. He was followed by Max Alexander, who was appointed as editor in 2002. In April 2014, it was announced that the magazine would move from its current home at Condé Nast House in Mayfair to new offices near Oxford Street in London's West End. The move was intended to make room for more space for advertising and increase productivity by reducing the number of employees working there. In November 2015, it was reported that Hearst was looking to sell Company; however, no official announcements have been made since then.