A Downtown Kingsport Icon Is Under New Management And Ownership. Wallace News Has Been Open For The Past 41 Years And Is Known For Its Selection Of Magazines, Newspapers, Popcorn And Mountain Dew Snowballs. Kingsport Native Thom Throp Recently Purchased The News Stand From Marty Mullins And Said He Doesn’t Plan On Changing The Things That Have Made The Business Well-Known.