Another American-Icon hits the dust:
Hostess Brands is Closed.
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11 years ago
OT: No more Twinkies???
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11 years ago
and production outsourced to union free China.
basilisk
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11 years ago
products are arguably outdated in a time when the results of empty calories are becoming apparent.
Besides, most kids no longer take their lunches to school. :)
We weren't allowed them as kids (considered an expensive frivolity by parents who were themselves children of the depression), so I never got the habit.
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11 years ago
Hey, my parents were like that too. But they (Dolly Madison) sponsored all of the Peanuts shows (Charlie Brown Christmas, etc.)!
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11 years ago
recipes will be sold and the bakeries will be downsized, but they will re-open under the new company at 75% of former pay for employees.
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11 years ago
We were "allowed them", my mom just wouldn't buy them...
I think there is a "run" going on right now to get the last boxes. How much will the "World's Last Twinkie" will go for on ebay? :)
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11 years ago
How does that work, do they screw the stock-holders and the bond-holders, or just the stock-holders? It seems like we've seen this play a few times before with K-Mart, Sears, and GM, at least.
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11 years ago
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11 years ago
"Swingman" wrote
Interestingly enough, I saw a remark made today by some kind of marketing guy. He said that an iconic, empty calorie treat could be marketed very well. They could offer limited runs, different flavors, etc. Do the nostalgia thing, with a few modern wrinkles. Depressingly, he is probably correct.
Only a marketing guy would consider empty calories to be a good thing.
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11 years ago
Well, the two largest investors in Hostess, venture capitalist firms run by Democrats, are out some $200 million.
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11 years ago
Oddly the union workers are going on strike as a result. Still scratching my head on that one.
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11 years ago
Like putting caffeine in Cracker Jacks ...
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are so farking stupid and gullible these days that marketing works.
NPR had a call-in show yesterday for folks who had been caught shoplifting ... to hear those folks who called in, and to think that they are allowed/encouraged to vote, is all you need to know about the societal end game being played out.
Basically, game over ...
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11 years ago
We were "allowed them", my mom just wouldn't buy them...
I think there is a "run" going on right now to get the last boxes. How much will the "World's Last Twinkie" will go for on ebay? :) =========================================================================== What are they going to do in the birthplace of the deep fried Twinkie (Seattle)?
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11 years ago
WHAT? No bailouts?
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11 years ago
Not yet. There is a petition up on the White House petition web site to nationalize the Twinkie industry:
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11 years ago
strike.
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11 years ago
That is part of it, but the company is an overall fiscal mess. CEO salary triples, upper management salaries up 80%, yet the Teamsters agree that a 10% worker cut is needed. Unfunded pension payments due too
I'd not be surprised if the company is sold for fifty bucks and opens under a new name. Need a job? I have openings for your old position at 40% of your previous salary.
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11 years ago
It was already closed earlier in the week.
Mike M
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11 years ago
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>> Folks are so farking stupid and gullible these days that marketing works. >
It's been game over for a while. A few years ago I thought it was bizarre that parents were doing their kids homework for them so the kids could play or do whatever. I realized at that point that the parents were the problem, not totally the schools fault.
How about parents giving kids the money so that someone could take the SAT's for them.
When the moral's are not taught from the parents, where would you learn from?
Everyone wants an advantage.
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11 years ago
I watched the news, even after losing his job, the guy was saying they were trying to cut our salaries and pensions.
I have no pension. My pay has been going down year by year for the last 12 years... I am very happy to have a job right now, as much as I travel 2.5 hours each way.
Yep... they tried to cut his salary... now he has none.