Trans World Entertainment plans to convert the Tower Records stores that it is acquiring to FYE (For Your Entertainment) Stores, focusing on DVDs, video games, and electronics rather than on music. The company said that it is hoping to acquire lease rights to numerous Tower locations at auctions being conducted in conjunction with the bankruptcy liquidation of the Tower stores. It has already acquired lease rights to Tower locations in West Sacramento, CA (where the Tower chain was born in 1960), Torrance, CA, Philadelphia, and Nashville.




20/11/2006