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Home > Company Index > Specialty Retail > Music, Video, Book & Entertainment Software Retailing & Distribution > Trans World Entertainment Corporation
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Trans World Entertainment Corporation |
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NEWS FROM THE STANDARD |
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Lock Up Your Content
Dec 11 2000 02:51 PM PST
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Sep 27 2000 01:57 PM PDT
Big Labels Make New Enemies
Feb 21 2000 12:00 AM PST
PROFILE |
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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 |
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Best Buy Co., Inc. (BBY)
MTS, Incorporated (dossier)
Wal-Mart Stores, Inc. (WMT)
DEALS |
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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.
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STOCK ANALYSIS |
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FURTHER ANALYSIS
Advanced Charting
Deals
FINANCIAL OVERVIEW |
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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 |
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Robert J. Higgins
CEO
John J. Sullivan
CFO
CONTACT INFO |
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38 Corporate Circle
Albany, NY 12203
US
Phone: 518-452-1242
Fax: 518-862-9519
Online: Web Site
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