Death of the Ding-Dong, Twinkie, Wonder Bread: Hostess to Close
Reports are that Hostess is starting to close down after a labor dispute. End of a beloved era, or good riddance to junk food heaven?
Twinkies. Hostess Cupcakes. Wonder Bread. Ding-Dongs.
They will be gone forever, with reports that Hostess Brands, Inc.will sell off or close down its 82-year old business. Done in, the CEO claims, by labor union action.
Hostess filed for Chapter 11 bankruptcy protection in January.
The company has been challenged by not only by snarly labor relations, and a national strike by its second-largest labor union, but also, posits the Wall Street Journal, by consumers switching to healthier foods and high ingredient costs.
One caveat: The Journal says that Hostess has threatened liquidation before, and not followed through.
The move puts 18,500 workers out of their jobs, CNN reports.
What do you think about this end to a junk-food kingdom?
Leave RI
3:46 pm on Friday, November 16, 2012
Oh the humanity......
William Lyons
8:55 am on Saturday, November 17, 2012
What will I do without my chocolate cream filled cupcakes. All the fine things in life are going away.
In41time
10:13 am on Saturday, November 17, 2012
What I think I'll miss the most is the 50 RI jobs down the drain. I didn't eat the junk food but this company also made Wonder, Nature’s Pride, and Home Pride bread.