Trans World Entertainment was founded in 1972 by Robert Higgins. The company opened its first store, Record Town, the next year.
The company expanded through acquisitions, notably of failing chains Strawberries, Camelot Music, and Wherehouse Entertainment.
Trans World Entertainment went public in 1986, trading on the NASDAQ under the symbol TWMC.
In 2006 Trans World acquired Musicland Group, which owned Sam Goody, Suncoast Motion Picture Company and Media Play.
Today Trans World Entertainment operates 330 F.Y.E., Saturday Matinee, and Suncoast Motion Picture stores, most of which are located in shopping malls. The company also operates e-commerce sites such as fye.com, secondspin.com, and wherehouse.com.
Trans World Entertainment had $393.66 million in revenue in 2013.
Trans World Entertainment
Trans World Entertainment was founded in 1972 by Robert Higgins. The company opened its first store, Record Town, the next year.
The company expanded through acquisitions, notably of failing chains Strawberries, Camelot Music, and Wherehouse Entertainment.
Trans World Entertainment went public in 1986, trading on the NASDAQ under the symbol TWMC.
History
In 2006 Trans World acquired Musicland Group, which owned Sam Goody, Suncoast Motion Picture Company and Media Play.
Today Trans World Entertainment operates 330 F.Y.E., Saturday Matinee, and Suncoast Motion Picture stores, most of which are located in shopping malls. The company also operates e-commerce sites such as fye.com, secondspin.com, and wherehouse.com.
Trans World Entertainment had $393.66 million in revenue in 2013.
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