Content about Trans World Entertainment

August 14, 2013

Trans World Entertainment has appointed veteran retail executive Martin Hanaka to its board of directors. Hanaka recently was the interim CEO of Guitar Center, Inc. from January 2013 to April 2013.

ALBANY, N.Y. — Trans World Entertainment has appointed veteran retail executive Martin Hanaka to its board of directors. Hanaka recently was the interim CEO of Guitar Center, Inc. from January 2013 to April 2013.

July 10, 2012

Trans World Entertainment has named John Anderson acting CFO, effective immediately.

ALBANY, N.Y. — Trans World Entertainment has named John Anderson acting CFO, effective immediately. Anderson has served in positions of increasing responsibility at Trans World for over 18 years, most recently serving as controller since September 2006. Anderson will be replacing Tom Seaver who will be leaving the company to pursue other opportunities after a short transition period.

November 30, 2011

Trans World Entertainment has named Tom Seaver CFO, effective immediately.

ALBANY, N.Y. — Trans World Entertainment has named Tom Seaver CFO, effective immediately. Seaver, a Certified Public Accountant, brings more than 20 years of experience with Albany International, a global company that develops and manufactures advanced textiles and materials.  Most recently, he held the position of VP strategic planning and previously held the position of VP finance Global PMC.

May 19, 2011

Trans World Entertainment reported a 78% improvement in net loss to $2.5 million, or 8 cents per share, for the first quarter as compared with a net loss of $11.4 million or 36 cents per share for the same period last year.

ALBANY, N.Y. — Trans World Entertainment reported a 78% improvement in net loss to $2.5 million, or 8 cents per share, for the first quarter as compared with a net loss of $11.4 million or 36 cents per share for the same period last year.    

For the first quarter, total sales decreased 16% to $131.5 million compared with $156.5 million in 2010.  Comparable-store sales for the quarter decreased 2%.   During the quarter, the company operated an average of 451 stores compared with 548 stores last year, a 17.7% decline.  

September 20, 2010

Trans World Entertainment announced that Michael Nahl has been appointed to the company's board of...

September 20, 2010

Trans World Entertainment announced that Michael Nahl has been appointed to the company's board of...

June 8, 2010

Trans World Entertainment reported it will close its Carson, Calif. distribution center as part of...