Trans World Entertainment

Kaspien Holdings, Inc. engages in the retail of entertainment products. It operates through the FYE and etailz segments. The FYE segment includes retail stores and e-commerce sites, which sell entertainment products including trend, video, music, electronics, and related products in the United States. The etailz segment refers to an online marketplace retailer that partners with companies to expand its brand. The company was founded by Robert J. Higgins in 1972 and is headquartered in Spokane, WA.

ALBANY, N.Y., Sept.  03, 2020  (GLOBE NEWSWIRE) -- Kaspien Holdings Inc. (Nasdaq: KSPN) formerly Trans World Entertainment Corporation (Nasdaq: TWMC), today announced a new ticker symbol. As previously announced, the Company’s former name, Trans World Entertainment Corporation, has now been changed to Kaspien Holdings Inc. and will begin trading under the ticker KSPN on the NASDAQ Capital Market, effective September 8, 2020.

Trans World Entertainment Announces Name and Ticker Symbol Change

ALBANY, N.Y., March  31, 2020  (GLOBE NEWSWIRE) --  Trans World Entertainment  (Nasdaq – TWMC, “TWEC” or the “Company”) announced today it has secured additional financing for its wholly owned subsidiary etailz, Inc. (“etailz”) from investors led by Alimco Financial Corporation (“Alimco”). Together with the previously announced credit facility, etailz now has over $30 million in committed new financing.

Trans World Entertainment Corporation Announces New Financing, Board Changes and Company Refocus

ALBANY, N.Y., Feb.  20, 2020  (GLOBE NEWSWIRE) -- Trans World Entertainment (Nasdaq – TWMC, “TWEC” or the “Company”) announced today that it has closed the previously-announced sale of substantially all of the assets constituting its For Your Entertainment (“FYE”) segment to a subsidiary of Sunrise Records and Entertainment Ltd. (“Sunrise”), the parent of Sunrise Records in Canada and HMV Records in the United Kingdom, for $10 million in cash, subject to net inventory and other adjustments, plus the assumption of certain liabilities (the “Transaction”). 

Trans World Entertainment Corporation Announces Closing of the Sale of its FYE Segment and Entry into a Credit Facility for its etailz Segment

ALBANY, N.Y., Feb.  18, 2020  (GLOBE NEWSWIRE) -- Trans World Entertainment (Nasdaq – TWMC, “TWEC” or the “Company”) announced today that at a special shareholders meeting held on February 17, 2020 more than two-thirds of the Company’s shareholders approved the previously-announced sale of substantially all of the assets constituting its For Your Entertainment (“FYE”) segment to a subsidiary of Sunrise Records and Entertainment Ltd. (“Sunrise”), the parent of Sunrise Records in Canada and HMV Records in the United Kingdom, for $10 million in cash, subject to a net inventory and other adjustments, plus the assumption of certain liabilities (the “Transaction”). 

Trans World Entertainment Corporation Announces Shareholder Approval of the Sale of its FYE Segment

ALBANY, N.Y., Feb.  07, 2020  (GLOBE NEWSWIRE) -- Trans World Entertainment (Nasdaq – TWMC, “TWEC” or the “Company”) a leading specialty retailer of entertainment and pop culture merchandise with stores in the United States and Puerto Rico, primarily under the name fye, for your entertainment, and on the web at www.fye.com  and www.secondspin.com, announced today that it has filed with the U.S. Securities and Exchange Commission (“SEC”) its definitive proxy statement in connection with the Company's previously announced agreement to sell substantially all of the assets of the Company’s fye segment to a subsidiary of Sunrise Records and Entertainment Ltd. (the “Transaction”).

Trans World Entertainment Corporation Announces Filing of Definitive Proxy Statement for Special Stockholders Meeting on Monday, February 17, 2020

ALBANY, N.Y., Jan.  23, 2020  (GLOBE NEWSWIRE) -- Trans World Entertainment (Nasdaq – TWMC, “TWEC” or the “Company”) a leading specialty retailer of entertainment and pop culture merchandise with stores in the United States and Puerto Rico, primarily under the name fye, for your entertainment, and on the web at www.fye.com  and www.secondspin.com, announced today that it has entered into a definitive Asset Purchase Agreement with a subsidiary of Sunrise Records and Entertainment Ltd. (“Sunrise”), the parent of Sunrise Records in Canada and HMV Records in the United Kingdom, to sell substantially all of the assets of the Company’s wholly owned subsidiary, Record Town, Inc. (the retail, music, film, video and popular business constituting the For Your Entertainment (“FYE”) segment of the Company’s business), for $10 million in cash, subject to a net inventory and other adjustments, plus the assumption of certain liabilities (the “Transaction”). 

UPDATED PRESS RELEASE: Trans World Entertainment Corporation Announces Agreement to Sell FYE Segment

ALBANY, N.Y., Jan.  23, 2020  (GLOBE NEWSWIRE) -- Trans World Entertainment (Nasdaq – TWMC, “TWEC” or the “Company”) a leading specialty retailer of entertainment and pop culture merchandise with stores in the United States and Puerto Rico, primarily under the name fye, for your entertainment, and on the web at www.fye.com  and www.secondspin.com, announced today that it has entered into a definitive Asset Purchase Agreement with a subsidiary of Sunrise Records and Entertainment Ltd. (“Sunrise”), the parent of Sunrise Records in Canada and HMV Records in the United Kingdom, to sell substantially all of the assets of the Company’s wholly owned subsidiary, Record Town, Inc. (the retail, music, film, video and popular business constituting the For Your Entertainment (“FYE”) segment of the Company’s business), for $10 million in cash, subject to a net inventory and other adjustments, plus the assumption of certain liabilities (the “Transaction”). 

Trans World Entertainment Corporation Announces Agreement to Sell FYE Segment

Trans World Entertainment Corporation (TWMC) CEO Michael Feurer on Q2 2019 Results - Earnings Call Transcript

ALBANY, N.Y., Aug.  29, 2019  (GLOBE NEWSWIRE) -- Trans World Entertainment Corporation (Nasdaq: TWMC) today reported financial results for its second quarter ended August 3, 2019.

Trans World Entertainment Announces Second Quarter Results

Trans World Entertainment Corp (TWMC) CEO Michael Feurer on Q1 2019 Results - Earnings Call Transcript

Trans World Entertainment Corporation (TWMC) CEO Michael Feurer on Q4 2018 Results - Earnings Call Transcript

News for Trans World Entertainment Stock (TWMC)