Trans World, the parent company of acronymed music retailer FYE, has announced its fourth quarter earnings and the results are far from pretty. The company registered an overall drop of fourteen percent in same store sales that the CEO of the company characterized as "well below expectations." Though FYE has styaed out of the news the wave of closings that has plagued big media stores, the report, coupled with continued dowturns in the sale of DVDs and albums,  signals troubled times ahead for the chain. As Maura Johnston puts it, FYE could very well stand for "Firesale in Your Environment" in the coming months. [Idolator]