ALBANY, N.Y., Oct. 15, 2018 (GLOBE NEWSWIRE) -- Trans World Entertainment Corporation’s (NASDAQ:TWMC) Chief
Financial Officer John Anderson died on October 10, 2018. He was 49 years old.
Trans World CEO Mike Feurer stated, "The entire team at Trans World and I are deeply saddened and shocked by the
passing of John Anderson. John was greatly admired, and respected by those fortunate enough to have worked closely with him.
His life touched and had a very positive impact on everyone who knew him. On behalf of our Board of Directors, management team and
all of our Associates, we celebrate the meaningful influence John had upon us all, mourn his loss and extend our deepest sympathies
to his wife, Denise, and the entire Anderson family.”
Trans World Entertainment is a leading multi-channel retail, blending a 40-year history of entertainment retail
experience with digital marketplace expertise. Our brands seamlessly connect customers with the most comprehensive selection of
music, movies, and pop culture products on the channel of their choice. For over 40 years, the Company has operated as 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. In October 2016, the Company acquired etailz, Inc., a leading digital
marketplace expert retailer, operating both domestically and internationally. etailz uses a data driven approach to digital
marketplace retailing utilizing proprietary software and ecommerce insight coupled with a direct customer relationship engagement
to identify new distributors and wholesalers, isolate emerging product trends, and optimize price positioning and inventory
purchase decisions. Trans World Entertainment, which established itself as a public company in 1986, is traded on the Nasdaq
National Market under the symbol “TWMC”.
Contact:
Contact:
Trans World
Entertainment
Financial Relations Board
Edwin Sapienza
Marilynn Meek
Chief Financial Officer
(mmeek@frbir.com)
(518) 452-1242
(212) 827-3773
