Trans World Entertainment Corporation operates retail stores and three e-commerce sites and is a specialty retailer of entertainment software, including music, video, and video games and related products in the United States. The Company owns 100% interest of Record Town, Inc., through which its principal operations are conducted. At January 29, 2011, the Company operated 460 stores totaling approximately 3.1 million square feet in the United States, the District of Columbia, the Commonwealth of Puerto Rico and the United States Virgin Islands. The Company’s stores offer a range of new and used compact discs (CDs) and music digital versatile discs (DVDs) across music genres, including new releases from artists, as well as a catalog of music from past periods and artists. The Other category consists of electronics, accessories and trend items. During the fiscal year ended January 29, 2011 (fiscal 2010), the Company acquired five stores.