8-K

                                 UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C.  20549

                                    FORM 8-K

                 Current Report Pursuant to Section 13 or 15(d)
                     of the Securities Exchange Act of 1934

      Date of Report (Date of earliest event reported):  October 30, 2000
                                                         ----------------

                     TRANS WORLD ENTERTAINMENT CORPORATION
                     -------------------------------------
             (Exact name of registrant as specified in its charter)

               New York              0-14818           14-1541629
               --------              -------           ----------
      (State or other jurisdiction        (Commission     (I.R.S. Employer
    of incorporation)                    File Number)    Identification No.)

       38 Corporate Circle, Albany, New York                       12203
       -------------------------------------                       -----
      (Address of principal executive offices)                 (Zip Code)

      Registrant's telephone number, including area code:  (518) 452-1242

                                      None
                                      ----
         (Former name or former address, if changed since last report.)





Item 5. Other Events.

The registrant announced that on October 30, 2000, it closed on the acquisition
of Disc Jockey, a privately-held retailer of pre-recorded music and video.  The
Company acquired substantially all of Disc Jockey's assets, including
merchandise inventory, fixed and other assets.  The Company will operate Disc
Jockey stores at 112 mall locations which are located primarily in the Midwest
and Southern United States.  The registrant published a press release announcing
the closing of the acquisition, the full text of which is filed as Exhibits 99.1
hereto.

Item 7.  Financial Statements and Exhibits


                 Exhibits                                               Page No.
                 --------                                               --------
                 99.1  Press release, dated October 30, 2000 issued
                       by Trans World Entertainment Corporation



SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.

                                  TRANS WORLD ENTERTAINMENT CORPORATION

November 10, 2000                  By:   ____________________________
                                        Name:    John J. Sullivan
                                        Title:   Senior Vice President-Finance
                                                 and Chief Financial Officer

EX-99.1

Exhibit 99.1
      News release - TWE announces close of the acquisition of Disc Jockey

TRANS WORLD ENTERTAINMENT CORPORATION
   Contact:                John Sullivan, Chief Financial Officer
                           (518) 452-1242 ext. 7400
THE MWW GROUP
Investor Relations         (212) 704-9727
   Contact:                Michael Lendener (mlendener@mww.com)


TRANS WORLD ENTERTAINMENT CORPORATION CLOSES ON
ACQUISITION OF THE DISC JOCKEY CHAIN
 ACQUIRES 112 MALL LOCATIONS

Albany, NY, October 31, 2000 - Trans World Entertainment Corporation (Nasdaq
National Market:TWMC) today announced the closing of its acquisition of Disc
Jockey, a privately-held retailer of pre-recorded music and video.  The
Company acquired substantially all of Disc Jockey's assets, including
merchandise inventory, fixed and other assets.  The Company will operate
Disc Jockey stores at 112 mall locations which are located primarily in the
Midwest and Southern United States.

   Robert J. Higgins, Chairman and Chief Executive Officer of Trans World
commented, "The acquisition of the Disc Jockey chain represents a logical
progression in our overall growth strategy, increasing our market share in the
Midwest and Southern markets."

  Trans World Entertainment is a leading specialty retailer of music and video
products.  The Company operates retail stores in 45 states, the District of
Columbia, the U.S. Virgin Islands, Puerto Rico and an e-commerce site,
www.twec.com.  Mall locations include Camelot, Record Town, The Wall, Saturday
Matinee and F.Y.E. Freestanding locations include Coconuts Music and Movies,
Strawberries Music, Spec's and Planet Music.

Certain statements in this report 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.
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