Trans World Entertainment reduced its loss to $17.8 million, or 57 cents per diluted share, on sales of $165.7 million, for the thirteen-weeks ended Aug. 1. That compares with the $19.2 million loss, or 62 cents per diluted share, it posted in the corresponding period of 2008 when sales were $215.2 million.

Trans World attributed the 23% decline in sales for the quarter to a 15% comparable-store decline and store closures. Trans World closed the period with 697 stores in operation as compared with the 789 it had open at the end of the corresponding period in 2008.

For the 26 week period, Trans World has lost $31.5 million, or $1 per share, on sales of $357.2 million as compared to the $31.1 million loss, or $1.00 per share on sales of $447.8 million.