RSS

Hostess Files Twinkie-driven Bankruptcy

Thu, Jan 12, 2012

Are You Serious?, Society, What's Up

By a show of hands, how many of you have been opting for the cheaper alternative to Hostess’ Twinkies, Ding Dongs and other products?  You know you see the cheaper brand available right next to the famous brand and while you love the signature taste and texture of Hostess, the recession has forced your hand and you reach for the cheap stuff.

The choice of a cheaper option is not a sin, but Hostess has taken a loss in sells and the $2 billion per year business has $1 billion in liabilities, according to the L.A. Times.  The beloved baked goods pusher has had to file for bankruptcy, but it isn’t a certainty that we will lose our favorite sugar dealer anytime soon.  As we have seen in the past, a lot of companies restructure their finances this way.

Hostess has about 20,000 employees and has survived a bankruptcy.  Maybe we will see a drop in Hostess’ prices in the future, so that they can compete with the cheaper brands that have attempted to duplicate their line of American favorites.  Nobody can make a Hostess fruit pie and cupcakes like them….NOBODY!

Read the full report here and stay optimistic that you won’t lose your Ho-Ho’s anytime soon.

-J.C. Brooks


You might also Like:




Check Out These Related Posts:

Subscribe Now

<< Previous Stories | Next Stories >>

0 Comments For This Post

1 Trackbacks For This Post

  1. Oh No! Hostess Files Twinkie-driven Bankruptcy | EURweb Says:

    [...] (more…) [...]

Leave a Reply


Back to Top