Gateway Newstands

{{Short description|American convenience store chain}}

{{Infobox company

| name = Gateway Newstands

| logo = Gatewaynews2.png

| logo_size =225px

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| type = Subsidiary

| foundation = 1983

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| location_city = Vaughan, Ontario

| location_country = Canada

| coordinates =

| location = 240 Chrislea Road

| locations = 500+

| area_served = Canada, United States

| key_people = Mary Kelly - CEO
Kevin Farrell - Chief Operating Officer{{cite web|title=Company Overview of Tobmar Investments International Inc.|url=http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=20388142|archive-url=https://archive.today/20141109224017/http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=20388142|url-status=dead|archive-date=November 9, 2014|website=Bloombery Businessweek|accessdate=9 November 2014}}

| industry = newsstand

| products = tobacco, lottery, snacks, soft drinks, newspaper

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| parent = Tobmar Investments International Inc.

| subsid = Bakery on the Go, Cafe on the Go

| website = [http://www.gatewaynewstands.com/ Gateway Newstands]

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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. Established in 1983,{{Cite web|title=About Us|url=https://gatewaynewstands.com/about-us/|access-date=2020-09-10|website=Gateway Newstands|language=en-US}} Vaughan, 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. In late 2020, Gateway Newstands, along with its affiliate Tobmar Investments International Inc., decided to wind-down operations at its franchise locations in the United States. {{Cite web|title=About Us|url=https://gatewaynewstands.com/about-us/|access-date=2020-09-10|website=Gateway Newstands|language=en-US}}{{cite web|title=Franchising Gateway Newstands|url=http://www.gatewaynewstands.com/franchising/|website=Gateway Newstands|accessdate=9 November 2014}}

{{stack|File:Gateway Newstands at Bloor Yonge TTC station.JPG|File:QueenTTCGatewayNewstands.jpg}}

By May 2022, Gateway Newstands had filed for creditor protection with Gateway owing creditors $20 million. In 2020 and 2021, about 40 Gateway locations had closed dropping from 191 locations at the beginning of 2020 to 150 in April 2022. The business decline was attributed to a lack of foot traffic due to the COVID-19 pandemic.{{cite news |url=https://www.thestar.com/business/2022/05/10/gateway-market-canada-whose-franchised-convenience-stores-are-found-in-most-ttc-stations-seeks-creditor-protection.html |title=Gateway Newstands — a mainstay of TTC stations — goes into creditor protection after getting slammed by the pandemic |newspaper=Toronto Star |first=Rosa |last=Saba |date= May 10, 2022 }}

Gateway Newstands once operated over 300 locations in US and Canada in major urban centers. It had 65 locations in the Toronto subway system since the mid-1990s.{{cite web |url=http://www.ttc.ca/About_the_TTC/Commission_reports_and_information/Commission_meetings/2013/January_21/Supplementary_Reports/Gateway_-_Lease.pdf |title=GATEWAY - LEASE |author= |date=21 January 2013 |publisher=Toronto Transit Commission |quote= |accessdate= }} It is the exclusive newsstand retailer in North America’s 3rd largest transit system, the Toronto Transit Commission.{{Cite web|title=About Us|url=https://gatewaynewstands.com/about-us/|access-date=2020-09-10|website=Gateway Newstands|language=en-US}} Competitors to Gateway Newstands accused the Toronto Transit Commission of sole-sourcing.{{Cite web|date=2013-01-24|title=TTC lease extension has newsstand competitor crying foul|url=https://www.thestar.com/news/city_hall/2013/01/24/ttc_lease_extension_has_newsstand_competitor_crying_foul.html|access-date=2020-09-10|website=thestar.com|language=en}}

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