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Old 11-18-2012, 11:47 PM   #1 (permalink)
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How have you all been dealing with Hostess going out of business? Have people been buying out Hostess products from your stores and selling them at unreasonable prices online too?

I don't crave Twinkies but funny thing is the second they are no longer available... I think it's time to go find a generic Twinkie. I really hope someone buys the Hostess Twinkie recipe and they begin production again!
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Old 11-18-2012, 11:59 PM   #2 (permalink)
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Ya I heard rants about the unions demanding too much so the company said were closing down. Maybe its a temporary thing to make a point to the unions????
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Old 11-19-2012, 12:42 AM   #3 (permalink)
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I haven't bought the Hostess brand in years, WAY overpriced. There are tons of the same thing for a lot less.
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Old 11-19-2012, 12:57 AM   #4 (permalink)
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Quote:
Originally Posted by Mitts & Tess View Post
Maybe its a temporary thing to make a point to the unions????
Hostess wasn't doing well for awhile. I thought they had filed for bankruptcy recently as well. Hostess is being liquidated and they will sell their recipes.
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Old 11-19-2012, 10:59 AM   #5 (permalink)
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I used to love twinkies as a kid. I havent had them for years, so I bought a pack not long ago on a whim. YUCK! i also tried the cherry pies. It was hollow with some jell and 4 cheries. I wont miss them.
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Old 11-19-2012, 11:59 AM   #6 (permalink)
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A true instance of pure corporate greed. They'd rather go out of business than pay their employees a fair wage. I'm certain another company will buy out the brand and it will go on.


That said, other than those people's jobs I don't feel any more sorry about Hostess going out of business than I would to see Fancy Feast go out of business.
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Old 11-19-2012, 01:06 PM   #7 (permalink)
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This was the second time they are going to file bankruptcy. The Teamsters union advised the Bakers union to take the deal and they didn't. It's not corporate greed; it's a product that is not selling like it used to because people are more health conscious. They will probably sell off part of the business to another company.
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Old 11-19-2012, 02:56 PM   #8 (permalink)
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Mike Hummell, a receiving clerk and a member of the Bakers' union working in Lenexa, Kan., said he was making about $48,000 in 2005 before the company's first trip through bankruptcy. Concessions during that reorganization cut his pay to $34,000 last year, earning $16.12 an hour. He said the latest contract demands would have cut his pay to about $25,000, with significantly higher out-of-pocket expenses for insurance.
$48K a year for a receiving clerk? His $34K pay is even on the really high end for the skill set required for this kind of job, but if he has a lot of years I can see it. I understand the resistance to being cut to $25K, it is really low. But a big part of the problem is that they were way overpaid to begin with.
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Old 11-19-2012, 02:59 PM   #9 (permalink)
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I'm afraid I've never heard of Hostess foods but I think I may have heard of Twinkies. What are they like?
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Old 11-19-2012, 03:57 PM   #10 (permalink)
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I've never eaten a twinkie, the thing looks gross. I don't understand the people buying them up either, there's obviously a market for them still so some company is either going to buy the recipe or there's going to be a similar product at half the price (if there isn't already) on shelves soon.
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