Trans World Entertainment Names Kunal Chopra as Chief Executive Officer of etailz
July 10 2019 - 7:30AM
Trans World Entertainment Corporation (NASDAQ: TWMC) today
announced that Kunal Chopra has been named Chief Executive Officer
of etailz, reporting directly to Mike Feurer, Chief Executive
Officer of Trans World Entertainment, the parent company of etailz.
In his new role, Mr. Chopra will be responsible for the operations
and performance of etailz, a leading digital marketplace retailer.
Trans World Entertainment CEO Mike Feurer
stated, “I am extremely pleased to have someone with Kunal’s
breadth and depth of experience and leadership join our team as
etailz CEO. Kunal brings a unique combination of
technological expertise, entrepreneurial character and operational
excellence. Further, he has a demonstrated track-record
of accomplishment at some of the largest, most dynamic and
well-respected companies in the world. We look
forward to Kunal capitalizing upon etailz's position and
opportunity as a proven leader in marketplace selling, service and
expertise.”
Kunal brings over 15 years of executive experience
with companies such as Microsoft, Amazon, and Groupon.
Throughout his professional career, Kunal has led organizational
transformation, new business and product development, strategy
formulation and execution, and product launch at scale.
Trans World Entertainment is a leading
multi-channel retailer, 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. 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”.
Certain statements in this release set forth management's
intentions, plans, beliefs, expectations or predictions of the
future based on current facts and analyses. Actual results
may differ materially from those indicated in such
statements. Additional information on factors that may affect
the business and financial results of the Company can be found in
filings of the Company with the Securities and Exchange
Commission.
Contact:
Trans World EntertainmentEdwin
Sapienza
Chief Financial
Officer
(518) 452-1242
Contact:Financial
Relations BoardMarilynn
Meek
(mmeek@frbir.com)(212)
827-3773
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