Trans World Getting Back On Track, Recovering Nicely

Trans World Entertainment Corporation (NASDAQ:TWMC) is one of the largest specialty music and video retailers in the United States. The company has 350 stores and a retail web site. The majority of the company’s stores are mall-based and offer a wide selection of entertainment products such as CDs, DVDs, video games and related accessories. Trans World is a relatively small company with a market capitalization of only $144 million and an average daily volume of 49 thousand. Trans World sales decline It is well known that sales of DVD’s and CD’s are on the decline, and Trans World Entertainment Corporation (NASDAQ:TWMC) is…