UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported) October 8, 1997
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TRANS WORLD ENTERTAINMENT CORPORATION
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(Exact name of registrant as specified in its charter)
NEW YORK 0-14818 14-1541629
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(State or other jurisdiction of (Commission File (I.R.S. Employer
incorporation or organization) Number) Identification Number)
38 Corporate Circle, Albany, New York 12203
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (518) 452-1242
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N/A
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(Former name or former address, if changed since last report)
Item 5. Other Events.
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The registrant announced that on October 8, 1997, it closed on the acquisition
of Strawberries, a privately-held specialty retailer of pre-recorded music and
video. The Company acquired substantially all of Strawberries' assets,
including merchandise inventory, fixed and other assets. The Company will
operate Strawberries stores at 90 freestanding and strip center locations
which are primarily located in the New England and Washington, D.C. markets.
The registrant published a series of press releases announcing the progress of
the acquisition, the full text of which are filed as Exhibits 99.1, 99.2 and
99.3 hereto.
Item 7. Financial Statements and Exhibits
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c) Exhibits Page No.
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99.1 Press release, dated August 8, 1997 issued
by Trans World Entertainment Corporation
99.2 Press release, dated October 1, 1997 issued
by Trans World Entertainment Corporation
99.3 Press release, dated October 9, 1997 issued
by Trans World Entertainment Corporation
SIGNATURES
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Pursuant to the requirements of the Securities and Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
TRANS WORLD ENTERTAINMENT CORPORATION
October 13, 1997 By: /s/ ROBERT J. HIGGINS
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Robert J. Higgins
Chairman, President and Chief Executive Officer
(Principal Executive Officer)
October 13, 1997 By: /s/ JOHN J. SULLIVAN
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John J. Sullivan
Senior Vice President-Finance
and Chief Financial Officer
(Principal Financial Officer)