Hostess Closing its doors! - The Horse Forum

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post #1 of 42 Old 11-16-2012, 11:02 AM Thread Starter
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Hostess Closing its doors!

Wow! Can't believe there is going to be no more Chocodiles! I should have moved to Oregon when I had the chance lol can't find them darned things anywhere in WA!

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Mind is how far the horse WILL go,
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post #2 of 42 Old 11-16-2012, 11:05 AM
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Oh noz! I knew they had filed for a reorganizational bankruptcy, but folding completely wasn't something I expected. Sigh, the end of an era. Oh Twinkies, how I shall miss thee!
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post #3 of 42 Old 11-16-2012, 11:08 AM
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So your saying no more Hostess anywhere???

Melinda
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post #4 of 42 Old 11-16-2012, 11:11 AM
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Honestly it's been a long time coming. It's as much to blame the unions as well as the top people for taking bonuses when the company was in the hole. Unfortunately neither side could work with the other for a compromise and now a long standing company with many goodies is gone and tons of employees without a job.

I will miss those 100 calorie snacks they made. Although they made them too good so I never stuck to just my 100 calories lol.
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post #5 of 42 Old 11-16-2012, 11:13 AM
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What are we going to eat when the nuclear holocaust comes? I was counting on being able to eat Twinkies.
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post #6 of 42 Old 11-16-2012, 11:17 AM
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Actually, a court approved of a compromise. The union refused to accept the court's bankruptcy settlement. According to the Teamsters:
"The BCTGM chose a different path, as is their prerogative, to not substantively look for a solution or engage in the process,” the statement read. “BCTGM members were told there were better solutions than the final offer, although Judge Drain stated in his decision in bankruptcy court that no such solutions exist. Without complete information, BCTGM members voted by voice votes in union halls. The BCTGM reported that over 90 percent rejected the final offer and three of its units ratified the final offer.”
Hostess to close, lay off 18,500 after 'crippling' union fight | Fox News

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post #7 of 42 Old 11-16-2012, 11:23 AM
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Yes bsms, I was trying to be nice lol. A company that wouldn't be held hostage by the union so they stuck to their word and shut down.

So who thinks stores will up the price on their remaining hostess products?
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post #8 of 42 Old 11-16-2012, 11:24 AM
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Quote:
Originally Posted by DancingArabian View Post
What are we going to eat when the nuclear holocaust comes? I was counting on being able to eat Twinkies.
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I know, right? Those things last forever!

Poppy, I imagine like any product that's been discontinued, they'll actually mark it down so it won't sit on shelves.

I wouldn't worry overmuch, there are plenty of other snack cake manufacturers out there. I'm sure Little Debbie and Drake's are cackling and rubbing their hands in glee!

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post #9 of 42 Old 11-16-2012, 11:29 AM
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Normally yes they mark them down but since hostess made much loved products there may be a higher demand for them? I mean most of their stuff doesn't expire lol.

Little Debbie has been making their snacks smaller and smaller every year :( last I checked their oatmeal cake things were smaller than the palm of my hand now and they used to be huge.
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post #10 of 42 Old 11-16-2012, 11:31 AM
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They'll bake 'em in China. Heck, a Twinkie could sit on the dock for 3 years, be shipped on a sailboat to America, and no one could taste the difference. The pity is that the large majority of the workers wanted to still work, and a smaller union forced the issue. I'm not very sympathetic to the union that voted no, but I really feel for the many thousands (including a number of union workers) who WANTED to keep going but who will be facing a very bleak winter instead.

The products will be sold to someone else and baked and marketed by someone else, so the consumer won't lose anything. But this is NOT a good time to be told, "See ya! Go find a job..."

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