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词条 Trans World Entertainment
释义

  1. Chains

     Defunct 

  2. References

  3. External links

{{More citations needed|date=March 2008}}{{Infobox company
| name = Trans World Entertainment Corporation
| logo = Transworld new logo.png
| type = Public
| traded_as = {{NASDAQ|TWMC}}
| foundation = {{start date and age|1972|12}}
| founder = Robert Higgins
| location = Albany, New York, U.S.
| industry = Retail
| products = CD, Blu-ray, and DVD stores
| subsid = Suncoast Motion Picture Company
f.y.e.
| homepage = {{URL|http://www.twec.com}}
}}Trans World Entertainment Corporation is an American company which operates entertainment media retail stores across the United States of America. As of August 2018 it operated 240 freestanding and shopping mall-based stores under several brand names, down from about 540 in August 2010. With continued pressure from other media delivery options, up to 35 more closures are expected in 2019.[1]

Based in Albany, New York, Trans World was founded in 1972 by Robert Higgins. It opened its first store, Record Town (formerly Record Land), in 1973. The company went public in July 1986 and has expanded through acquisitions of a number of smaller or failing companies including Strawberries, Camelot Music, and Wherehouse Entertainment.

On September 23, 2000, Trans World signed a definitive agreement to acquire the assets of WaxWorks, and the deal was expected to close by the end of October.[2]

As part of a 2002 settlement with 41 states over CD price fixing, Trans World Entertainment, along with retailers Musicland and Tower Records, agreed to pay a $3 million fine.[3] It is estimated that between 1995 and 2000 customers were overcharged by nearly $500 million and up to $5 per album.[4]

In February 2006, Trans World acquired the Musicland Group, which owned Sam Goody, Suncoast Motion Picture Company, and Media Play. The buyout included a handful of On Cue stores.

Trans World operated at a net loss from 2006 to 2010. In fiscal year 2011 it turned a profit of $2.2 million (compared to a $31 million loss in FY 2010). The company closed some locations and increased margins on its products.[5]

Chains

  • Suncoast Motion Picture Company: Nationwide (mall-based)
  • SecondSpin.com: California, Colorado (focusing on purchase and resale of used media products)
  • Manifest Discs and Tapes: South Carolina, North Carolina
  • Spin Street Music: Memphis, Mohegan Sun Casino in Connecticut
  • Record & Tape Traders: one Location remaining in Towson, MD, in liquidation as of December 2018[6]
  • f.y.e.: Nationwide (mall-based and freestanding)

Defunct

{{redirect-distinguish|Saturday Matinee|Eddie Brandt#Eddie Brandt's Saturday Matinee}}
  • Camelot Music
  • CD World: New Jersey and Missouri[7][8][9]
  • Coconuts: Chicago area, Indianapolis area, New Jersey, New York, and Mid-Atlantic States (some stores still operate as Coconuts)
  • Disc Jockey: Southern U.S. (mall-based)[10][11]
  • Incredible Universe, joint venture with Tandy Corporation: Nationwide (17 stores; closed in 1996, six stores sold to Fry's Electronics; )
  • Leopold's: California[12][13]
  • Media Play: Nationwide (closed in 2006)
  • Music World: New England states
  • On Cue: Nationwide[14][15][16][17]
  • Planet Music: Virginia Beach
  • Peaches: Nationwide
  • Record Factory: Brisbane, CA[18][19][20][21]
  • Record Land: Nationwide (mall-based)
  • Record Town: Nationwide (mall-based)
  • Record World: Mid-Atlantic and New England states (mall-based)
  • Sam Goody: Nationwide (mostly freestanding; most mall-based stores have been re-branded as f.y.e. stores)
  • Saturday Matinee: Now only one location at Rockaway Townsquare in Rockaway, New Jersey; other locations closed or converted to Suncoast; previously operated in California, Colorado, Connecticut, Delaware, Illinois, Maryland, Michigan, New Jersey, New York, North Carolina, Virginia, Texas, Mississippi, and Pennsylvania
  • Spec's Music Inc.: Florida
  • Square Circle: Nationwide (mall-based)
  • Strawberries: Texas, Maryland, New England and Mid-Atlantic States[22][23][24][25][26]
  • Streetside Records: Missouri, Midwest[27][28]
  • Tape World: Nationwide (mall-based)
  • Vibrations: South Florida
  • The Wall: Mid-Atlantic States[29][30][31]
  • Wall To Wall Sound & Video / Listening Booth: Mid-Atlantic States, later converted to The Wall[29][32][33]
  • Wherehouse Entertainment:[18] Arizona, California, Colorado (formerly Rocky Mountain Records), Georgia, Louisiana, Missouri, New Mexico, Oklahoma, Oregon, Texas, Utah, Virginia, and Washington;[34] filed for bankruptcy in 2003;[35][36] Trans World took control of 111 stores and liquidated nearly a third of them[37][38] Continued as an online buyer/seller until October 9, 2018 when the website closed. [39]

References

1. ^[https://www.bizjournals.com/albany/news/2018/11/02/trans-world-gets-ok-from-creditor-to-close-more.html Biz Journals]. 2 November, 2018. Retrieved 9 March, 2019
2. ^{{cite web |url=http://connection.ebscohost.com/c/articles/3555204/trans-world-invests-brick-and-mortar |title= Trans World Invests In Brick-And-Mortar}}
3. ^{{cite web|url=http://www.billboard.com/articles/news/74008/cd-price-fixing-suit-settled-for-143-million |title=CD Price Fixing Suit Settled For $143 Million |publisher=Billboard |date=2002-10-01 |accessdate=2016-04-26}}
4. ^{{cite web|author=Stephen Labaton |url=https://www.nytimes.com/2000/05/11/business/5-music-companies-settle-federal-case-on-cd-price-fixing.html |title=5 Music Companies Settle Federal Case On CD Price-Fixing |publisher=The New York Times |date=2000-05-11 |accessdate=2016-04-26}}
5. ^{{cite web|last=DeMasi|first=Michael|title=FYE owner Trans World reports first fiscal-year profit since 2006|url=http://www.bizjournals.com/albany/news/2012/03/01/fye-owner-trans-world-reports-first.html?ana=yfcpc|publisher=The Business Review|accessdate=8 May 2012}}
6. ^{{cite web |url=https://www.facebook.com/recordandtapetraders/photos/a.10151851070282679/10156801579407679/?type=3&__xts__%5B0%5D=68.ARDzgUFrhYRaasdxoACOuZ2Ev5MuvbYPJcmDhT8Y5hHzvrUc5EBD8ZzOf0PQQTD0n2DTkDlfY8YMvxXtf5c84dn4cNeWXAA3d2plpR7yZHk6kfRIs4NU1HfhO-rijPuy8wj1jfE4HLJvf2wBOccvZz6G0DDyU4Z20XBVH2V1ZZOjERH7duAn7hJV8KzZQpKUCrMcbS6WiB4zeduti-ouUq4LoTnm4kANHQcZdRk0zEgHMVie9rPcQmiP6b4E6884mqF925NcdXnANplNgbuALz7d1JLd10D0Z_DCSGYQ6_Va4PfIYbY_Dftjtik7leve0stR83IMEvcsqm_b4YEJCGwRqQzPWLZjImzllgM-VY3OpPhQMF4MiN6n8Yq2H_-PWxk_poyOKuJKn39OnD9Sx6NLYOS3&__tn__=-R |accessdate=3 December 2018|title=Record and Tape Traders Towson}}
7. ^{{cite news |url=http://www.bizjournals.com/albany/stories/2003/09/15/daily37.html |title=Trans World to buy CD World |newspaper=The Business Review |date=September 18, 2003 |author=}}
8. ^{{cite news |url=http://www.accessmylibrary.com/article-1G1-107936687/trans-world-buy-bankrupt.html |title=Trans World to buy bankrupt CD World |magazine=Daily Deal |date=September 19, 2003 |first=Greg |last=Johnson}}
9. ^{{cite news |url=http://business.highbeam.com/435553/article-1G1-88599641/streetside-cd-world-merge-record-company-local-stores |archive-url=https://web.archive.org/web/20150905113116/http://business.highbeam.com/435553/article-1G1-88599641/streetside-cd-world-merge-record-company-local-stores |dead-url=yes |archive-date=September 5, 2015 |title=Streetside, CD World Will Merge: Record Company's Local Stores Will Operate The Same Way They Have In The Past |newspaper=St Louis Post-Dispatch |date=July 9, 2002 |last=Kwok |first=Chern Yeh |via=HighBeam Research |subscription=yes}}
10. ^{{cite news |url=http://www.bizjournals.com/albany/stories/2000/10/30/daily14.html |title=Trans World absorbs Disc Jockey music chain |newspaper=The Business Review |date=October 31, 2000 |author=}}
11. ^{{cite web |url=http://markets.financialcontent.com/stocks/action/getedgarwindow?accesscode=91205701512905 |title=Trans World Entertainment SEC 10-K Annual Report for Fiscal Year Ending February 3, 2001 |publisher=Securities and Exchange Commission |date=February 3, 2001 |author=}}
12. ^{{Cite web | url=https://books.google.com/?id=vyQEAAAAMBAJ&pg=PT19&lpg=PT19&dq=Leopold%27s+was+bought+by+the+Record+Factory | title=Billboard| publisher=Nielsen Business Media, Inc.| date=1985-09-21}}
13. ^{{Cite web | url=http://forums.stevehoffman.tv/threads/groovy-old-1970-pic-of-tower-records-san-francisco-csn-y-deja-vu-just-released-only-2-88.308843/page-11 | title=Groovy old 1970 pic of Tower Records, San Francisco, CSN&Y "Déjà Vu "just released, only $2.88!}}
14. ^{{cite news |url=https://books.google.com/books?id=RA0EAAAAMBAJ&pg=RA1-PA45&lpg=RA1-PA45&dq=on+cue+music+store+musicland+merger&source=bl&ots=GrAyRXe3Eg&sig=4ck2ZOvR_GcatO60FPqweJiDwp0&hl=en&sa=X&ei=ADOLUd2JDMrOrQHDz4CwBQ&ved=0CCwQ6AEwADgU#v=onepage&q=on%20cue%20music%20store%20musicland%20merger&f=false |title=Tower Records' Struggle Reflected Industry's Turmoil |magazine=Billboard |date=December 28, 2002 |volume=114 |issue=52 |page=45 |first=Ed |last=Christman}} Alternate Link via ProQuest.
15. ^{{cite news |url=http://www.bizjournals.com/twincities/stories/2002/05/13/story7.html?page=all |title=On Cue brand will become Sam Goody |newspaper=Minneapolis St. Paul Business Journal |date=May 12, 2002 |first=Andrew |last=Tellijohn}}
16. ^{{cite news |title=Best Buy converts On Cue stores to Sam Goody name |magazine=DSN Retailing Today |date=April 22, 2002 |pages=5, 27 |volume=41 |issue=8 |last=Heller |first=Laura}} Link via ProQuest.
17. ^{{cite news |url=https://books.google.com/books?id=shAEAAAAMBAJ&pg=PA63&lpg=PA63&dq=musicland+stores+rebranded+sam+goody&source=bl&ots=7ozW4ghIxy&sig=sPagtGPhW08po2XQIWF__WSm2h0&hl=en&sa=X&ei=7j6kUeqyM-TAyAHAtYHABQ&ved=0CDYQ6AEwAg#v=onepage&q=musicland%20stores%20rebranded%20sam%20goody&f=false |title=On Cue Rebranding As Sam Goody |magazine=Billboard |date=April 13, 2002 |volume=114 |issue=15 |page=63 |first1=Brian |last1=Garrity |first2=Matthew |last2=Benz |last-author-amp=yes}} Alternate link via ProQuest.
18. ^1 {{Cite news | url=http://articles.latimes.com/1986-06-13/business/fi-11015_1_wherehouse-entertainment | title=Record Factory to Sell 23 Stores to Wherehouse| newspaper=Los Angeles Times| date=1986-06-13| last1=Groves| first1=Martha}}
19. ^{{Cite web | url=https://books.google.com/?id=70QEAAAAMBAJ&pg=PT27&lpg=PT27&dq=%22Record+Factory%22+Brisbane | title=Billboard| publisher=Nielsen Business Media, Inc.| date=1977-11-26}}
20. ^{{Cite web | url=http://publicrecords.directory/profiles/sterling-lanier.5512778.html | title=PUBLIC RECORDS DIRECTORY - Sterling Lanier}}
21. ^[https://books.google.com/books?id=JiUEAAAAMBAJ&pg=PT97&lpg=PT97&dq=%22Record+Factory%22+Brisbane+-Byres+-Glasgow+-Melbourne+-CANBERRA+-australia+-&source=bl&ots=oKuDklNSon&sig=qnT76oZMGsjl9s5di3gOv9uR40Q&hl=en Billboard - Feb 3, 1979 - Vol. 91, No. 5] "Record Factory's parent company. Mighty Fine Distributing. Brisbane, Calif"
22. ^{{cite news |url=https://www.nytimes.com/1993/12/31/business/company-news-video-supplier-has-new-chief.html |title=Video Supplier Has New Chief |newspaper=New York Times |date=December 31, 1993 |author=}}
23. ^{{cite news |url=https://www.nytimes.com/1994/09/01/business/company-news-partnership-buys-control-of-strawberries-inc.html |title=Partnership Buys Control Of Strawberries Inc. |newspaper=New York Times |date=September 1, 1994 |author=}}
24. ^{{cite news |url=http://www.bizjournals.com/albany/stories/1997/10/06/daily24.html |title=Trans World closes on Strawberries deal |newspaper=The Business Review |date=October 9, 1997 |author=}}
25. ^{{cite news |url=https://www.nytimes.com/1989/10/25/business/business-people-new-strawberries-chief-to-expand-music-chain.html |title=New Strawberries Chief To Expand Music Chain |newspaper=New York Times |date=October 25, 1989 |first=Daniel F. |last=Cuff}}
26. ^{{cite news |url=http://www.apnewsarchive.com/1989/Video-Company-Chief-Wife-Found-Fatally-Shot-In-Mansion-Home/id-7aaededea59a41e38b771e66187fd019 |title=Video Company Chief, Wife Found Fatally Shot In Mansion Home |newspaper=Associated Press |date=August 22, 1989 |first=Anita |last=Snow}}
27. ^{{cite news |url=http://www.playbackstl.com/content/view/6980/231/ |archive-url=https://web.archive.org/web/20071226072848/http://www.playbackstl.com/content/view/6980/231/ |dead-url=yes |archive-date=December 26, 2007 |title=RIP Streetside Records Delmar |website=Playback STL |date=December 24, 2007 |author= }}
28. ^{{cite news |url=http://www.columbiatribune.com/news/local/streetside-records-to-close-next-month/article_2cd7f46e-5891-51e1-8b4f-0a8405b23425.html |title=Streetside Records to close next month |newspaper=Columbia Daily Tribune |date=December 6, 2012 |first=Don |last=Shrubshell}}
29. ^1 {{cite news |url=http://articles.philly.com/1993-09-23/business/25986345_1_stores-chain-acquisition |title=Handwriting On The Wall Wee Three Record Outlet Spinning Into A Bigger Chain |newspaper=Philadelphia Daily News |date=September 23, 1993 |first=Francesca |last=Chapman}}
30. ^{{cite press release |url=http://www.thefreelibrary.com/Camelot+Music+Agrees+to+Purchase+The+Wall%3B+Camelot+Music+and+WH+Smith...-a019987659 |title=Camelot Music Agrees to Purchase The Wall; Camelot Music and WH Smith PLC Announce Signing of Letter of Intent |work=PR Newswire |date=October 31, 1997 |author= |via=The Free Library}}
31. ^{{cite news |url=http://www.accessmylibrary.com/article-1G1-20127317/bankrupt-buyers-woo-wall.html |title=Bankrupt buyers woo The Wall. (Camelot Music Inc.) |newspaper=Philadelphia Business Journal |date=December 5, 1997 |last=Kasrel |first=Deni}}
32. ^{{cite news |url=http://articles.philly.com/1990-07-21/business/25897096_1_largest-unsecured-creditors-bankruptcy-filing-bankruptcy-relief |title=Wall To Wall Sound Files Petition For Bankruptcy Relief In Phila. |newspaper=Philadelphia Inquirer |date=July 21, 1990 |first=Richard |last=Burke}}
33. ^{{cite news |url=http://articles.philly.com/1990-05-16/business/25887059_1_consumer-electronics-chain-stores |title=Wall To Wall Stressing Software |newspaper=Philadelphia Daily News |date=May 16, 1990 |first=Sheila |last=Simmons}}
34. ^{{cite web|url=http://articles.latimes.com/keyword/wherehouse/recent/5|title=Articles about Wherehouse by Date - Page 5 - latimes|website=articles.latimes.com|accessdate=7 January 2019}}
35. ^{{cite news |url=http://articles.latimes.com/2003/jan/22/business/fi-where22 |title=Wherehouse Files for Chapter 11 |newspaper=Los Angeles Times |date=January 22, 2003 |first=Jeff |last=Leeds}}
36. ^{{cite news |url=http://www.bizjournals.com/stlouis/stories/2003/01/20/daily31.html |title=Wherehouse Music stores' parent files for bankruptcy |work=St. Louis Business Journal |date=January 21, 2003 |author=}}
37. ^{{cite news |url=http://articles.latimes.com/2003/oct/01/business/fi-rup1.5 |title=Court OKs Purchase of Wherehouse Stores |newspaper=Los Angeles Times |date=October 1, 2003 |author=}}
38. ^{{cite news |url=https://books.google.com/books?id=GREEAAAAMBAJ&pg=PA73&lpg=PA73&dq=wherehouse+transworld+bankruptcy&source=bl&ots=hQ-mDoaD7q&sig=oc3M0ywzj_jiaW_cGXNr-5AOBIE&hl=en&sa=X&ei=maFkVZ6KEs_voATomYGgCA&ved=0CE4Q6AEwBzgK#v=onepage&q=wherehouse%20transworld%20bankruptcy&f=false |title=TransWorld Trumps Sun Capital In Its Bid For Wherehouse |magazine=Billboard |date=October 11, 2003 |page=73 |volume=115 |number=41 |issn=0006-2510 |first=Ed |last=Christman}}
39. ^{{Cite web | url=http://www.wherehouse.com | title=SecondSpin - Buy and sell used CDs, DVDs, Blu-Ray and Games}}

External links

{{Commons category}}
  • {{official website|http://www.twec.com}}
  • f.y.e.
  • New York Times Trans World Entertainment page

6 : Companies based in New York (state)|Music retailers of the United States|Retail companies established in 1972|Companies based in Albany, New York|Companies listed on NASDAQ|1972 establishments in New York (state)
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