-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 WI5yD6G03HsLlg+DvspZLS22ogERqgCbtHWIJpY0QSBaMhFC3qqc4a3Xohw0YKXm
 /XeO2kq0Wg+JMiIKS8IZdg==

<SEC-DOCUMENT>0001179110-06-010132.txt : 20060505
<SEC-HEADER>0001179110-06-010132.hdr.sgml : 20060505
<ACCEPTANCE-DATETIME>20060505170555
ACCESSION NUMBER:		0001179110-06-010132
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20060504
FILED AS OF DATE:		20060505
DATE AS OF CHANGE:		20060505

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:			HIGGINS ROBERT J
		CENTRAL INDEX KEY:			0000900603
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-14818
		FILM NUMBER:		06813880

	BUSINESS ADDRESS:	
		STREET 1:		38 CORPORATE CIRCLE
		STREET 2:		C/O TRANS WORLD ENTERTAINMENT CORP
		CITY:			ALBANY
		STATE:			NY
		ZIP:			12203
		BUSINESS PHONE:		5184521242

	MAIL ADDRESS:	
		STREET 1:		C/O TRANS WORLD ENTERTAINMENT CORP
		STREET 2:		38 CORPORATE CIRCLE
		CITY:			ALBANY
		STATE:			NY
		ZIP:			12203
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>edgar.xml
<DESCRIPTION>FORM 4 -
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2006-05-04</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

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

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0000900603</rptOwnerCik>
            <rptOwnerName>HIGGINS ROBERT J</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>38 CORPORATE CIRCLE</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>ALBANY</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>12203</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>Chairman and CEO</officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable></nonDerivativeTable>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>Stock Settled Appreciation Rights</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>5.32</value>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2006-05-04</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>450000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>5.32</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <footnoteId id="F1"/>
            </exerciseDate>
            <expirationDate>
                <value>2016-05-04</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock par value $.01 per share</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>450000</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>5125000</value>
                    <footnoteId id="F2"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">Stock Appreciation Rights granted under Trans World Entertainment Corporation 2005 Long-Term Incentive Plan, which provides for tax witholding rights in a transaction exempt under Rule 16b-3. 225,000 vest after the end of three years and 225,000 vest at the end of the fourth year.</footnote>
        <footnote id="F2">Includes Employee Stock Options (Right to Buy) of 4,675,000 previously reported on Form 4 filings.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>s/ Robert J. Higgins</signatureName>
        <signatureDate>2006-05-05</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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