Monday, September 1st23.2°C
22736
22916

Gateway Newstands expands Canadian base with 34-store deal with LS Travel Retail

TORONTO - Gateway Newstands is expanding its Canadian base significantly with the purchase of 34 urban stores across the country.

The seller is LS Travel Retail, which will continue to operate airport and transit locations that aren't included in the deal.

The urban stores have been operating under such banners as Great Canadian News, United Cigar Store and Maison de la Presse.

They will adopt the Gateway Newstands banner after the deal closes, which is expected to happen by May 14.

As a resuilt of the deal, Gateway will have 554 locations across North America, including 422 in Canada.

The Canadian Press


Read more Business News

22870


Recent Trending




Today's Market
S&P TSX15625.73+67.561
S&P CDNX1023.991.62
DJIA17098.4518.88
Nasdaq4580.271+22.577
S&P 5002003.37+6.63
CDN Dollar0.9184-0.001
Gold1281.70-2.1001
Oil95.96+1.29
Lumber349.60+2.60
Natural Gas3.965+0.054

 
Okanagan Companies
Pacific Safety0.20+0.005
Knighthawk0.01-0.005
QHR Technologies Inc1.190.00
Cantex0.08+0.01
Anavex Life Sciences0.25+0.01
Metalex Ventures0.0750.00
Russel Metals36.48+0.09
Copper Mountain Mining2.93+0.02
Colorado Resources0.180.00
ReliaBrand Inc0.10+0.001
Sunrise Resources Ltd0.0250.00
Mission Ready Services0.245-0.005

 



22364

FEATURED Property
15096466620 Lakeshore Road
5 bedrooms 7 baths
$8,975,000
more details
image2image2image2
Click here to feature your property
Please wait... loading


At the Core: Lessons in pricing from Apple

Apple has taught many entrepreneurs the importance of design, how to create buzz when introducing new products to the marketplace, how to pioneer new technology and the importance of superior quality....


New Real Estate Brokerage in town

Move over “big guys” there’s a new brokerage in town featuring local expertise, long standing experience and a fresh boutique approach. Kelowna, August 31 2014 – You may have...


How much mortgage should you carry?

There are several things to consider when deciding how much home to buy. 1. Draw up a budget including the new mortgage payments. While the rules used by most lenders require that the mortgage paym...

_








Member of BC Press Council


22810