When all else fails, blame a union.
Hostess should have adjusted to the market. Twinkies and cupcakes just aren't as popular as they once were. Just look at Krispy Kreme. When I was in HS, everyone ate'em. But now that craze is over. Today? I don't know of anyone who eats Krispy Kreme.
I don't know a whole lot about this hostess thing, but from what I've seen the company wanted the employees to forfeit a substantial portion of their pensions, while simultaneously taking pay cuts and cuts in health care.
The union supposedly agreed to everything except forfeiting their pensions. They didn't want to give up their future, for a company that didn't really have a future.
Hostess chose to make unhealthy foods, and market them to kids in the hopes that the kids could convince the parents to buy them.
What they should have done was also offered a healthy line, marketed to parents, and the parents would convince the kids to eat them.
Since the union members refused to forfeit their pensions, look for a lot of those guys to cash out and start their own bakeries. Maybe they'll even band together and start a huge national company.
We might be surprised to see who ends up bidding for some of the liquidated hostess assets.
I'd really like to get someone else's take on this other than Hostess Management.
Who the hell else are they gonna blame for going belly up? Certainly not themselves..
I found one article on Politico which had some quotes from the leader of the AFL-CIO.
LOL - look at the picture of the guy that they deemed appropriate to a accompany the article. He looks like Yosemite Sam on Meth. Thank God the liberal media is on the case.
He also looks like he downed a few Twinkies in his day. Something tells me we're not getting the whole story yet.
I wouldn't worry though - "Hostess" isn't going anywhere. This name brand recognition is way too high. Someone will buy it up.
I think the Hostess Outlet Store actually put them out of business. I honestly can't ever remember seeing a Twinkie box without a big black marker check mark on the outside or just some messed up looking Hostess Fruit Pies in everyone's cupboards. That place might as well have been Willy Wonka's Chocolate Factory to the kids in my neighborhood growing up.
In God, whose word I praise, in the LORD, whose word I praise, in God I trust and am not afraid. What can man do to me?
I thought it was onions too.
So does anybody actually like their products? I ate 'em aplenty as a kid, but I don't think I ever really liked the taste, just the fun of my little eating games. With Snoballs and Cupcakes, I liked to peel the icing/topping off and save it for last. If I felt like a real challenge, I would first try to peel the white icing squiggle intact off the top of the cupcake. With Twinkies, I would either try to suck out all the creme filling before eating the cake portion, or try to eat all the cake and leave the creme for last.
So did/does anyone have any favorite eating methods?
a blast from the past... http://www.freepennystockalerts.com/
Does anyone appreciate the irony that just as Hostess is going out of business, pot is becoming legal in more and more states?