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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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 zLijsr/3uBTc9x2+SR9lTg==

<SEC-DOCUMENT>0001005477-04-001863.txt : 20040506
<SEC-HEADER>0001005477-04-001863.hdr.sgml : 20040506
<ACCEPTANCE-DATETIME>20040506171049
ACCESSION NUMBER:		0001005477-04-001863
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20040504
FILED AS OF DATE:		20040506

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			TRANS WORLD ENTERTAINMENT CORP
		CENTRAL INDEX KEY:			0000795212
		STANDARD INDUSTRIAL CLASSIFICATION:	RETAIL- COMPUTER & PRERECORDED TAPE STORES [5735]
		IRS NUMBER:				141541629
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			0131

	BUSINESS ADDRESS:	
		STREET 1:		38 CORPORATE CIRCLE
		CITY:			ALBANY
		STATE:			NY
		ZIP:			12203
		BUSINESS PHONE:		5184521242

	MAIL ADDRESS:	
		STREET 1:		38 CORPORATE CIRCLE
		CITY:			ALBANY
		STATE:			NY
		ZIP:			12203

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	TRANS WORLD MUSIC CORP
		DATE OF NAME CHANGE:	19920703

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			FEINBERG STEPHEN
		CENTRAL INDEX KEY:			0000947822
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-14818
		FILM NUMBER:		04785920

	BUSINESS ADDRESS:	
		STREET 1:		450 PARK AVE
		STREET 2:		28TH FL
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022
		BUSINESS PHONE:		2128912120

	MAIL ADDRESS:	
		STREET 1:		450 PARK AVE
		STREET 2:		28TH FL
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>edgar123.xml
<DESCRIPTION>FORM 4
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2004-05-04</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000795212</issuerCik>
        <issuerName>TRANS WORLD ENTERTAINMENT CORP</issuerName>
        <issuerTradingSymbol>TWMC</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0000947822</rptOwnerCik>
            <rptOwnerName>FEINBERG STEPHEN</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O CERBERUS CAPITAL MANAGEMENT, L.P.</rptOwnerStreet1>
            <rptOwnerStreet2>299 PARK AVENUE - 22ND FLOOR</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10171</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock, par value $0.01 per share</value>
            </securityTitle>
            <transactionDate>
                <value>2004-05-04</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>S</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>2031</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>10.50</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>6272755</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                    <footnoteId id="F1"/>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>By partnerships and corporations</value>
                    <footnoteId id="F1"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">As of May 4, 2004, Cerberus Partners, L.P. (&quot;Cerberus&quot;) was the holder of 1,349,150 shares (the &quot;Shares&quot;) of common stock of Trans World Entertainment Corporation (the &quot;Company&quot;); Cerberus International, Ltd. (&quot;International&quot;) was the holder of 2,892,139 Shares; Cerberus Institutional Partners, L.P. (&quot;Institutional&quot;) was the holder of 609,570 Shares; and certain private investment funds (the &quot;Funds&quot;) in the aggregate were the holders of 1,421,896 Shares.  Stephen Feinberg possesses sole power to vote and direct the disposition of all securities of the Company owned by each of Cerberus, International, Institutional and the Funds.  Mr. Feinberg's interest is limited to the extent of his pecuniary interest in Cerberus, International, Institutional and the Funds, if any.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Stephen Feinberg</signatureName>
        <signatureDate>2004-05-05</signatureDate>
    </ownerSignature>
</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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