Twinkies are set to hit shelves July 15, 2013, after a tumultuous end to the brand occurred November 21, 2012.
*For all of you that were crying when your beloved sweet treats were removed from the shelves last year, it looks like you will be getting some relief from your heart ache.
In November 2012, it seemed that the nation had a meltdown over the Hostess shutdown which led to consumers’ beloved Twinkies being removed from the shelves.
But hope is on the way for those who have been missing the tasty cream stuffed yellow cakes.
The company went belly up, but it seems they’ve been bailed out by a takeover of “new owners and a leaner structure” and they will have Twinkies and other Hostess favorites back on the shelves by July 15, according to the Huffington Post.
*Hostess has just laid off more than 18,000 people in their liquidation and bankruptcy of their near 90-year old company, yet it appears that SOME made out like fat rats in the deal.
Speaking of rats, Hostess executives will receive bonuses because they claim that they did a good job “meeting certain budget goals during the liquidation,” according to the Associated Press.
The bonuses for 19 of these execs total $1.8 million and it does not include the compensation for the CEO. (more…)
*If I could package common sense and convince people that it was going out of business maybe I could get them to value it, and possibly stand in line to pay for it. People don’t value what’s free. Common sense is no different.
Take, for example, the nationwide panic that set in when the Hostess Company announced plans to file for bankruptcy and close all it’s bakeries across the country: No more Twinkies, Zingers, Ding Dongs, Ho Ho’s, you get the picture. It has caused countless sugar fiends to risk diabetic comas just to purchase the last batch of their favorite treats. If Hostess would have stayed in business another 80 years the company could not have created more brand loyalty than it did by announcing plans to close its doors. That’s good for the company, but what about your wallet and your waistline? I admit Zingers are tasty, but I won’t stand in line to get them. The last time I checked statistics, Americans are more obese than they’ve ever been which partly is to blame for the rising cost of health care. Most of us won’t commit to regular exercise, but standing in line to buy the last box of Twinkies? Not a problem.
The HBO documentary “Weight of the Nation” chronicles the impact that obesity has caused in the lives of children and adults over the past 25 years. Five of the ten leading causes of death in America could be eradicated if regular exercise and healthy eating became a lifestyle choice not just as a New Year resolution, but everyday of the year. And childhood obesity rates are so high medical experts fear today’s generation of children could be the first to have a shorter life expectancy than their parents.
Then there’s the other part of this common sense equation. How does a labor union designed to protect wages and retirement plans walk away from the negotiation table and allow thousands of people to lose their jobs? Hostess employees were represented by a number of unions, each wanting more money and better pension plans for the group they represented. Hostess had planned to cut employee wages by eight percent in 2013 due to rising operational costs and lower profits. Apparently some people are cutting back on snack foods. And most employees had agreed to the pay cut. I guess they figured a paying job is better than no job. If the salary wasn’t enough transitioning into another position with more pay is an option.
But union representatives rejected the proposal and threatened to stage a strike. Hostess called their bluff and shut the operation down: 33 bakeries, 565 distribution centers and 570 stores will close leaving 18,500 workers jobless. Without jobs nobody can pay their union dues. Hostess gets to file bankruptcy. The workers and the union get nothing. Their pensions probably are in jeopardy too. Whose fault is that? Somewhere along the way common sense was left out of negotiations. But somebody is bound to blame it on President Obama.
Steffanie is a freelance writer living in the Dallas, Texas metroplex. Send questions, comments and speaking requests to firstname.lastname@example.org. To view the video version of her column go to Youtube.com/steffanierivers
A rush for Hostess products happened after the company announced its shutdown of operations Friday, November 16, 2012.
*Over 18,000 employees at Hostess must be feeling a little bit relieved by the latest talks between their bakers union and the company.
Although it’s not known if all 33 plants will go back to full operation.
According to the Daily Mail, the courts decided that they have to try a mediation between the two, so that this massive layoff can possibly be avoided.
The outcome of the mediation is supposed to be heard in 24 hours and hopefully, we’ll see all of the parties involved come to an agreement that satisfies everyone.
WWE star David Otunga proudly shows off his Hostess booty of snacks (photo: TMZ)
*Wow, what an inspirational story. It makes us wonder why we didn’t think of that, too.
So what the heck are we talking about, you ask?
Well, David Otunga, the WWE star and significant other to singer Jennifer Hudson, did what we didn’t think of. After hearing that Hostess, the company that makes Twinkies and all those other delicious to eat, but really bad for your sweet snacks, is going out of business, he jumped in his car and headed for the Hostess outlet in Chicago to get his hands on as many snacks as he could.
Unfortunately he was too late. The outlet was … OUT of EVERYTHING. Undaunted, Otunga headed for the nearest supermarket and got hooked up with a whole cart full of decadent, but bad for you Hostess goodies.Roughly 80,000 calories worth, reports TMZ.
And what was Mr. Otunga’s motivation for going after all that sweet stuff from the now history Hostess company?
“I don’t want my son to go without Twinkies,” he said.
Good Dad, Bad Dad.
Wrong Time to Strike: Hostess workers strike for better wages during the company’s bankruptcy.
*Hostess, the maker of iconic treats like Twinkies, is shuttering its plants and liquidating its 82-year-old business.
A victim of changing consumer tastes, high commodity costs and strained labor relations, Hostess ultimately was brought to its knees by a national strike orchestrated by its second-largest union.
Read/learn more at WSJ.com.
Earlier, we reported …
Hostess is America’s beloved treat maker that we’ve coveted for nearly a century. We’ve hid their goodies from family members, congratulated children with them, and we all have a chosen favorite from their decadent list of sweets.
But the bread and baked good company may be closing its doors permanently after the company’s workers launched a strike on Monday, according to the Wall Street Journal. The report says that the company was already in the midst of bankruptcy and they are going to begin liquidation of the entire company if the strike doesn’t end by 5pm tonight. (more…)