Gateway Newstands

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Gateway Newstands
Company typeSubsidiary
Industrynewsstand
Founded1983
Headquarters240 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]
Productstobacco, lottery, snacks, soft drinks, newspaper
ParentTobmar Investments International Inc.
SubsidiariesBakery on the Go, Cafe on the Go
WebsiteGateway 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 at Bloor Yonge subway station in Toronto
Gateway Newstands at Queen station

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

  1. ^ "Company Overview of Tobmar Investments International Inc". Bloombery Businessweek. Retrieved 9 November 2014.
  2. ^ http://www.gatewaynewstands.com/about-us/
  3. ^ "Franchising Gateway Newstands". Gateway Newstands. Retrieved 9 November 2014.
  4. ^ "GATEWAY - LEASE" (PDF). Toronto Transit Commission. 21 January 2013.
  5. ^ https://www.thestar.com/news/gta/transportation/article/1319728--ttc-lease-extension-has-newsstand-competitor-crying-foul