Trans World Entertainment Corporation (TWMC) is an omni-channel specialty retailer of entertainment related products and services. Revenue for the fiscal year ending 2014 was $358 million. The company was founded in 1972 and is headquartered in Albany, New York. The Company went public in 1986 and is traded under the symbol TWMC on the NASDAQ stock exchange. Today the company’s product mix includes video, music, trend, electronics, and video games, and is undergoing a dynamic evolution of the product point of view. Trans World offers its products primarily under the brand f.y.e. (For Your Entertainment), as well as limited stores under the brands of Suncoast Motion Pictures and Saturday Matinee. It maintains a high stock of engaging entertainment centric products, Blue Ray Discs, DVD's, CDs, music DVDs and a growing vinyl assortment including new releases from current artists as well as an extensive catalog of music and video from past periods, multiple genres and established artists.
Trans World offers value-added services to attract customers. In addition to offering personalized customer service at its stores, the company offers a loyalty program, Backstage Pass card, which provides a discount on everyday selling prices on most products. The company also regularly engages in live events around the country with studio and artist participation including in store, festivals, conventions and numerous other interactive opportunities. This interactive capability coupled with Trans World Entertainment's more than forty years developing relationships in the entertainment industry affords a unique capability to delight both customers and artists alike.
The company currently operates over 300 stores comprised primarily of mall based, and to a lesser degree, free standing f.y.e. brand stores in the United States, the District of Columbia, and Puerto Rico. TWEC also operates a web platform including fye.com and secondspin.com.
The company enjoys a competitive and entrepreneurial culture that promotes innovation, excellence and ownership. Trans World employs over 4,000 associates nationwide, with about 400 of those associates working out of its corporate headquarters and distribution center in Albany, NY. As the capitol of New York, Albany boasts an outstanding quality of life that is rich in culture, educational institutions and medical facilities. It is a short distance from Albany International Airport, Saratoga Springs, Lake George, Lake Champlain and several popular ski resorts. New York City, Boston, Montreal and Lake Placid are all conveniently located within a two to three hour drive or train from Albany.
