"Mike Hendrix" <mike (at) travellogs (dot) us> wrote in message
news:ajpda8t4k3e4q4r16...@4ax.com...
> On Fri, 16 Nov 2012 16:16:43 -0800, Ralph E Lindberg
> <
n7...@callsign.net> wrote:
>
>>In article <
28cbc238-4eb3-438b...@googlegroups.com>,
>>
ozm...@gmail.com wrote:
>>
>>> On Friday, November 16, 2012 5:01:39 PM UTC-6, Hank wrote:
>>> > Does anything matter anymore? Heard that Hostess Twinkies are going to
>>> > be
>>> > unavailable in the future. How will I get my quick sugar fix while
>>> > driving
>>> > my RV?
>>> >
>>> >
>>> >
>>> > Hank
>>>
>>> Don't sweat it.........
>>>
>>>
>>> Someone will buy the name and we will have "acme" Twinkies.
>>>
>>> oz, who can't stand Twinkies, but to whom Ding-Dongs are the staff of
>>> life.
>>
>>Someone will buy the brands. The issue came about because people are
>>buying less of that stuff then they used to, declining sales and a less
>>then nimble management.
>
> Part of the reason was declining sales but the other half of the
> equation was the union that struck. Just like the Air Traffic
> Controllers these union members taught the owners something!!!!!!
>
>
http://www.usatoday.com/story/money/business/2012/11/16/hostess-twinkies-ding-dongs-wonder-bread-going-out-of-business/1708409/
>
> "The company, which had been in and out of bankruptcy restructuring,
> was already struggling from a high cost structure and sluggish
> consumer demand for its products. Its fate was sealed by a confluence
> of negative events including rising commodity costs and competitive
> pressures, says Erin Lash, analyst at Morningstar.
>
> The company had warned it would file a motion in U.S. Bankruptcy Court
> to shut operations if enough workers didn't end a weeklong strike by 5
> p.m. ET Thursday. On Friday, it followed through on that threat."
>
> mike
Hostess has been on the down hill slide for years. Short of a major
overhaul of both management and operations the company was toast (pun
intended). The union action just move the end time up a bit but not by
much.
Disregarding the finer points this is a good over view.
http://prospect.org/article/twinkie-defense