Trans World Eyes Blu-ray as DVD Savior

[Tekman]

Just back from the Consumer Electronics Show in Las Vegas, Jim Litwak, president and COO of Trans World Entertainment Corp., showed little hesitation applauding Warner Bros.’ decision last week to exclusively support Blu-ray Disc.

“Finally, the customer has an understanding of where this business is going to go and will not be confused,” Litwak told investors Jan. 10 during an analyst call to discuss holiday sales. “Blu-ray becomes the new DVD format, which is particularly exciting. We like that a lot.”

He said Blu-ray would help Trans World grow the DVD category in 2008.

“Frankly, we saw confusion [among HD packaged media] this whole year (in 2007),” Litwak said.

Albany, N.Y.-based Trans World, which operates the f.y.e., Suncoast, Wherehouse and Second Spin retail brands, could use the help.


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