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Home > Company Index > Specialty Retail > Music, Video, Book & Entertainment Software Retailing & Distribution > Trans World Entertainment Corporation

Trans World Entertainment Corporation
Nasdaq: TWMC
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 NEWS FROM THE STANDARD
Lock Up Your Content
Dec 11 2000 02:51 PM PST

Upstart Aimster Woos Capitol Records
Sep 27 2000 01:57 PM PDT

Big Labels Make New Enemies
Feb 21 2000 12:00 AM PST

 PROFILE
Through Camelot, Trans World Entertainment aims to be king. Trans World's 1999 purchase of Camelot Music Holdings moved it higher among the hierarchy of US music retailers. The company sells CDs, DVDs, cassettes, videos, and related items through about 1,000 stores (about 75% of them in malls) in 46 states. Its music chains include Camelot Music, Record Town, The Wall, Coconuts, Strawberries, and Spec's Music. Its video stores include Saturday Matinee (sales) and Movies Plus (rentals). Trans World also operates several F.Y.E. (For Your Entertainment) stores, which sell music, videos, games, and portable electronics, and it offers merchandise online. Founder Bob Higgins and his family own 30% of the firm.

 COMPETITION
Best Buy Co., Inc. (BBY)
MTS, Incorporated (dossier)
Wal-Mart Stores, Inc. (WMT)

 DEALS
Deal: DataPlay Secures $55 Million
Date Announced: 06.08.01
Value of transaction (US $Mil): 55
Description: DataPlay, which creates tools for accessing digital content across different digital platforms and devices, raises $55 million from Kodak, Intel, Olympus and Trans World Entertainment.

 STOCK ANALYSIS
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FURTHER ANALYSIS
• Advanced Charting
• Deals

 FINANCIAL OVERVIEW
Fiscal Year-End: January
2001 Sales (mil.): 1,414.60
1-Yr. Sales Growth: 4.2%
Employees: 10,000
Revenue per employee: $141,460.00

 KEY PEOPLE
• Robert J. Higgins
    CEO
• John J. Sullivan
    CFO

 CONTACT INFO
38 Corporate Circle
Albany, NY 12203
US
Phone: 518-452-1242
Fax: 518-862-9519
Online: Web Site

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