Trans World Entertainment Corporation is an American company that operates entertainment media retail outlets across the United States. It currently operates over 300 free-standing shops and shopping under several brands, down from about 540 in August 2010.
Based in Albany, New York, Trans World was founded in 1972 by Robert Higgins. It opened its first store, named Record Town (formerly Record Land), in 1973. The company went public in July 1986 and has grown through the acquisition of a number of smaller or failed companies including Strawberries, Camelot Music, and Wherehouse Entertainment.
On September 23, 2000, Trans World signed a definitive agreement to acquire WaxWorks assets, and the deal is expected to expire at the end of October.
As part of the 2002 settlement with 41 top CD pricing states, Trans World Entertainment, along with resellers Musicland and Tower Records, agreed to pay a $ 3 million fine. It is estimated that between 1995 and 2000, customers were billed nearly $ 500 million and up to $ 5 per album.
In February 2006, Trans World acquired Musicland Group, which owns Sam Goody, Motion Suncoast Movement Company, and Media Play. It also includes some On Cue stores.
Trans World operated at a net loss from 2006 to 2010. In fiscal 2011, it generated a profit of $ 2.2 million (compared to a loss of $ 31 million in FY 2010). The company closed several locations and increased margins on its products.
Video Trans World Entertainment
Chains
- Movie Image Company Suncoast: Nationwide (mall-based)
- SecondSpin.com: California, Colorado (focus on purchasing and reselling of used media products)
- Manifest Discs and Tapes: South Carolina, North Carolina
- Spin Street Music: Memphis, Mohegan Sun Casino in Connecticut
- Record & amp; Tape Traders: One Location left in Towson, MD
- f.y.e.: Nationwide (mall-based and freestanding)
Off
- Camelot music
- World CD: New Jersey and Missouri
- Coconuts: the Chicago area, the Indianapolis area, New Jersey, New York and the Middle Atlantic states (some stores still operate as Coconuts)
- Disc Jockey: Southern U.S. (mall-based)
- The Great Universe: National (17 stores, closed in 1996, six stores sold to Fry's Electronics, joint venture with Tandy Corporation)
- Leopold: California
- Play Media: Nationwide (closed 2006)
- World of Music: State of New England
- On Cue: Nationwide
- Music Planet: Virginia Beach
- Peach: National
- Record Factory: Brisbane, CA
- Land Record: National Based (mall-based)
- Record City: National (mall-based)
- Record World: Mid-Atlantic and New England states (mall-based)
- Sam Goody: Nationwide (mostly freestanding; most mall-based stores have been re-branded as f.y.e. stores)
- Saturday Matinee: Now there is only one location at Rockaway Townsquare in Rockaway, New Jersey; other locations are closed or changed to Suncoast; previously operated in California, Colorado, Connecticut, Delaware, Illinois, Maryland, Michigan, New Jersey, New York, North Carolina, Virginia, Texas, Mississippi and Pennsylvania
- Spec's Music Inc: Florida
- Square Circle: National (mall-based)
- Strawberries: Texas, Maryland, New England, and Mid-Atlantic States
- Streetside Recordings: Missouri, Midwest
- Tape World: Nationwide (mall-based)
- Vibrations: South Florida
- The Wall: Middle Atlantic Countries
- Wall To Sound Wall & amp; Video/Booth Listening: Mid-Atlantic States, then converted to The Wall
- Wherehouse Entertainment: Arizona, California, Colorado (formerly Rocky Mountain Records), Georgia, Louisiana, Missouri, New Mexico, Oklahoma, Oregon, Texas, Utah, Virginia, and Washington; filed for bankruptcy in 2003; Trans World controls 111 stores and liquidates nearly a third of them (Now a sales site)
- TWE Family Pictures: Albany, New York
Maps Trans World Entertainment
TWE Family Pictures
TWE Family Pictures is an American children company Founded in December 1989.
Movies
- Wizards of the Lost Kingdom 2 (1989)
- Tamagotchi Video Adventures: Now Museum, Now You're Not! (1997)
- Tamagotchi: The Movie (2007)
- Tamagotchi: Happiest Story in the Universe! (2008)
- Eiga Tamagotchi: Himitsu no Otodoke Dai Sakusen! (2017)
References
External links
- Official website
- f.y.e.
- The New York Times Trans World Entertainment page
Source of the article : Wikipedia
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