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Old 11-16-2012, 09:30 AM   #1
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Default Oh No, No Ho Ho!

Just as we start to get legalized pot, too

http://dealbook.nytimes.com/2012/11/...-liquidate/?hp

Hostess Brands, the bankrupt maker of cream-filled pastries like Twinkies and Ho Hos, said on Friday that it planned to wind down its operations and sell off its portfolio of well-known brands. The decision comes a week after one of the company’s biggest unions went on strike to protest a labor contract.

Friday’s decision spells the end of Hostess, an 82-year-old company that has endured wars, countless diet fads and even an earlier Chapter 11 filing. As the national appetite for the junk food waned, the baked-goods maker fell on hard times.
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Old 11-16-2012, 09:53 AM   #2
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Default Re: Oh No, No Ho Ho!

Now that sucks. Even if someone steps in and buys the name, it's not going to be the same.
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Old 11-16-2012, 09:55 AM   #3
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Default Re: Oh No, No Ho Ho!

That sucks...
 
Old 11-16-2012, 10:07 AM   #4
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Default Re: Oh No, No Ho Ho!

It's been decades since I had any of Hostess products, but I sure did love them when I was younger...
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Old 11-16-2012, 10:10 AM   #5
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Default Re: Oh No, No Ho Ho!

Opinions from fellow company employees were very similar. Everyone talked about how they loved Hostess snacks, how they seemed to be so nostalgic. Everyone agreed, though, they hadn't had one in years.
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Old 11-16-2012, 10:19 AM   #6
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Default Re: Oh No, No Ho Ho!

I hated them... really, I don't know how they survived this long.

But I was spoiled. Mom stayed home raised 7 kids while dad worked. Mom always made homemade things that were absolutely the best...

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Old 11-16-2012, 10:22 AM   #7
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Default Re: Oh No, No Ho Ho!

I will have to enjoy a Twinkie sandwiched between two Suzi-Q's to mourn my loss.



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Old 11-16-2012, 10:24 AM   #8
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Default Re: Oh No, No Ho Ho!

Quote:
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Mom always made homemade things that were absolutely the best...
Well sure. She made you.
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Old 11-16-2012, 10:38 AM   #9
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Default Re: Oh No, No Ho Ho!

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Well sure. She made you.
Dawww, that was nice.

Seriously though: You can literally hear the sound of beached whales agonizing screams.
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Old 11-16-2012, 10:41 AM   #10
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Default Re: Oh No, No Ho Ho!

Never a big Twinkie fan, but I ate my share of Ding Dongs growing up.

Wait a minute.....that just sounds wrong.
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Old 11-16-2012, 10:43 AM   #11
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Default Re: Oh No, No Ho Ho!

I like them when I was a pup. Haven't had any in years either, but they are kind of an American staple. Its a shame. I hope those losing their livelihoods don't stay displaced for long.
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Old 11-16-2012, 11:10 AM   #12
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I like them when I was a pup. Haven't had any in years either, but they are kind of an American staple. Its a shame. I hope those losing their livelihoods don't stay displaced for long.
If they were part of the union that caused it, they get what they deserve
 
Old 11-16-2012, 11:13 AM   #13
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Default Re: Oh No, No Ho Ho!

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Never a big Twinkie fan, but I ate my share of Ding Dongs growing up.

Wait a minute.....that just sounds wrong.
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Old 11-16-2012, 11:17 AM   #14
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Default Re: Oh No, No Ho Ho!

<<<<< Ho Ho Fan Boy

Lived on those things back in college
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Old 11-16-2012, 12:44 PM   #15
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Default Re: Oh No, No Ho Ho!

What a bummer....I loved the twinkies back in the day!

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If they were part of the union that caused it, they get what they deserve
How did you come up with this Rob?
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Old 11-16-2012, 12:57 PM   #16
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Default Re: Oh No, No Ho Ho!

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What a bummer....I loved the twinkies back in the day!

How did you come up with this Rob?

Quote:
Originally Posted by markem View Post
Just as we start to get legalized pot, too

http://dealbook.nytimes.com/2012/11/...-liquidate/?hp

Hostess Brands, the bankrupt maker of cream-filled pastries like Twinkies and Ho Hos, said on Friday that it planned to wind down its operations and sell off its portfolio of well-known brands. The decision comes a week after one of the company’s biggest unions went on strike to protest a labor contract.

Friday’s decision spells the end of Hostess, an 82-year-old company that has endured wars, countless diet fads and even an earlier Chapter 11 filing. As the national appetite for the junk food waned, the baked-goods maker fell on hard times.
 
Old 11-16-2012, 01:04 PM   #17
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Default Re: Oh No, No Ho Ho!

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Originally Posted by Robulous78 View Post
All I see there is a week after a strike the "company" (non union management) closes shop. I don't think a week old strike would kill a long standing large company. Management side of company deals with budgets and marketing so I just don't think "The union boys" killed the company in a week.

This ultra common scenario is probably more to blame...
"top executives at the firm have received significant pay bumps, while at the same time asking for concessions from workers."
http://dealbook.nytimes.com/2012/11/...-liquidate/?hp

>>>Thread Jack off<<<<>>>>SORRY!<<<<
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Old 11-16-2012, 01:09 PM   #18
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Default Re: Oh No, No Ho Ho!

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Just as we start to get legalized pot, too

http://dealbook.nytimes.com/2012/11/...-liquidate/?hp

Hostess Brands, the bankrupt maker of cream-filled pastries like Twinkies and Ho Hos, said on Friday that it planned to wind down its operations and sell off its portfolio of well-known brands. The decision comes a week after one of the company’s biggest unions went on strike to protest a labor contract.

Friday’s decision spells the end of Hostess, an 82-year-old company that has endured wars, countless diet fads and even an earlier Chapter 11 filing. As the national appetite for the junk food waned, the baked-goods maker fell on hard times.
Unions can't ask for more pay or dispute contracts when a company is already bankrupt... if they do/did, they are biting the hand that feeds IMHO, then the company goes belly up... guess they got their answer...
 
Old 11-16-2012, 01:10 PM   #19
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Default Re: Oh No, No Ho Ho!

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>>>Thread Jack off<<<<>>>>SORRY!<<<<
What does this mean anyway?
 
Old 11-16-2012, 01:29 PM   #20
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Default Re: Oh No, No Ho Ho!

I don't want to imagine a world without Twinkies.
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