Industry newsstand Founded 1983 | Number of locations 500 | |
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Key people Michael Aychental - Co-Founder and CEODavid Goldman - Co-Founder and President Parent Tobmar Investments International Inc. |
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.
Gateway Newstands operates 65 locations in the Toronto subway system since the mid-1990s. Competitors to Gateway Newstands accused the Toronto Transit Commission (the operator of the subway system) of sole-sourcing.