I am sure by now the news is out world wide that Hostess is out of business because they could not come to an agreement with their Baker’s Union. Hostess is the maker of Twinkies, Ding Dongs and Wonder Bread ceased operations completely this week, looking to liquidate all it’s assets and it’s iconic brands. Also chopped were 18,000 employees.
Of course the company was in bankruptcy prior to this event. A smart move would have been to announce potential closing of the company several months ago in hopes of driving business to a lackluster performing market. Just look at the reaction because of the actual closing:
The above picture was the scene at my local Kroger store on Saturday. Twinkies, Ding Dongs etc wiped off the shelves. The only thing remaining was the 100 calorie packs (ironic). And now opportunists are trying to cash in on collectors and people who can’t get enough artificially flavored excess by buying up the stock and selling it on ebay and craigslist. With the demise of Twinkies, carnies worldwide are screaming in pain due to lost sales of deep fried Twinkies.
Not everyone is unhappy. I saw the Little Debbie delivery guy and you would have thought he won the lottery. Because guess who get double space now to hock his wares?