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post #1 of 31 (permalink) Old 11-19-2012, 12:47 AM Thread Starter
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Hostess

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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post #2 of 31 (permalink) Old 11-19-2012, 12:59 AM
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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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post #3 of 31 (permalink) Old 11-19-2012, 01:42 AM
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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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post #4 of 31 (permalink) Old 11-19-2012, 01:57 AM Thread Starter
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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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post #5 of 31 (permalink) Old 11-19-2012, 11:59 AM
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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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post #6 of 31 (permalink) Old 11-19-2012, 12:59 PM
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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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post #7 of 31 (permalink) Old 11-19-2012, 02:06 PM
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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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post #8 of 31 (permalink) Old 11-19-2012, 03:56 PM
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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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post #9 of 31 (permalink) Old 11-19-2012, 03:59 PM
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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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post #10 of 31 (permalink) Old 11-19-2012, 04:57 PM
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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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