Gateway Newstands
Company type | Subsidiary |
---|---|
Industry | newsstand |
Founded | 1983 |
Headquarters | 240 Chelsea Road, , |
Number of locations | 500+ |
Area served | Canada, United States of America |
Key people | Michael Aychental - Co-Founder and CEO David Goldman - Co-Founder and President[1] |
Products | tobacco, lottery, snacks, soft drinks, newspaper |
Parent | Tobmar Investments International Inc. |
Subsidiaries | Bakery on the Go, Cafe on the Go |
Website | Gateway Newstands |
Gateway Newstands [sic] is a chain of convenience stores and kiosks in large office buildings, shopping centres, public places, and transit stations in the United States and Canada. Woodbridge, Ontario-based Tobmar Investments International Inc. (known simply as Tobmar) is the company that runs Gateway Newstands. The stores operate as independent franchisees and sell a wide variety of convenience items from tobacco and lottery tickets; to candy, chewing gum, and non-alcoholic beverages; and newspapers and magazines. There are currently over 500 Gateway franchises in the network.[2][3]
Gateway Newstands operates 65 locations in the Toronto subway system since the mid-1990s.[4] Competitors to Gateway Newstands accused the Toronto Transit Commission (the operator of the subway system) of sole-sourcing.[5]
References
- ^ "Company Overview of Tobmar Investments International Inc". Bloombery Businessweek. Retrieved 9 November 2014.
- ^ http://www.gatewaynewstands.com/about-us/
- ^ "Franchising Gateway Newstands". Gateway Newstands. Retrieved 9 November 2014.
- ^ "GATEWAY - LEASE" (PDF). Toronto Transit Commission. 21 January 2013.
- ^ http://www.thestar.com/news/gta/transportation/article/1319728--ttc-lease-extension-has-newsstand-competitor-crying-foul