TWE reports December comps decline

ALBANY, N.Y. Trans World Entertainment reported a comparable-store sales decrease of 5% for the five-week period ended Jan. 2.

For the nine-week period ended Jan.2, comparable-store sales decreased 8%.  Total sales for the nine-week period were $241 million compared with $287 million for the same period last year, a decrease of 16%.  

For the eleven-month period ended Jan. 2, comparable-store sales decreased 10%. Total sales for the period decreased 18% to $760 million compared with $930 million during the same period last year.