No More Twinkies? Hostess Shutting Down
Company to close its doors, citing worker strike.
Will there be a run on Twinkies and Ding Dongs today? Some of America's guiltiest pleasures could soon disappear from the grocery store shelves, after their parent company, Hostess Brands, announced it plans to go out of business, citing a labor union worker strike on top of a first bankruptcy earlier this year. Wonder Bread Hostess has bakeries and retail outlets all over the country, including several in Virginia. The closest one to Northern Virginia is in Fredericksburg. The company employs close to 19,000 people and cites high labor costs as well as rising costs for flour and sugar, key ingredients for its baked goods. "Many people have worked incredibly long and hard to keep this from happening, but now Hostess Brands has no other …
slyfox1961
7:54 am on Monday, November 19, 2012
@7 out: Really? Apparantly you have never been to Germany to see the slums in the cites. I have. Many times. more ›