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Well with the price of food nowdays folks can buy a loaf of hy vee bread for a 1.20 and wonder bread costs 1.99. Guess which loaf they are grabbing. Why the difference in cost? Could it be the wonderful union employees?
I'm sure it's the shipping costs and all the overhead that Hostess has insisted on keeping. That Hi Vee bread I'm sure is baked at some local bakery and transported far fewer miles.
The Hostess idea I think just doesn't work anymore. Diesel fuel has increased how much in the last few years and all that has to go on the product's price. Baked goods I think have to be local products in this new day and age.
In the end, I'm sure Hostess will sell the "Wonderbread" name to local bakeries and you'll still see it on the shelves even though most of the Hostess employees will be gone. Cupcakes, Twinkies, Ho Ho's-I would imagine someone will still make them but it wont be in some big central bakery.
The $64,000 question: why were they in such difficult financial straits to begin with?
Could it be because their products were no longer desirable?
I don't suppose that could have anything to do with their closing now, could it?
The $64,000 question is "why didn't Obama bail them out like he did GM?"
It may be that the huge Mexican bakery Grupo Bimbo, will end up purchasing the company. They already own quite a few recognizable American brands (Sara Lee, and they bought Mrs Baird's bread here in Fort Worth).
That would be nice for the Twinkie lovers out there. Personally I prefer Bimbo's Mexican snacks. They're yummy.
So was Woolworth's. The icons of the past are falling on the wayside as society evolves.
Unless Obama bails them out. Remember, he gets to pick and choose winners and losers. He chose GM to win and he chose Hostess to lose. Both companies were failures.
The Hostess bakery in Seattle, which makes Twinkies, Ding Dongs, Fruit Pies, etc. is closing down. The bakery is over 100 years old, althought the exact year of inception is in question. A week after election 2012 it is kaput. 110 jobs that paid low-middle class wages, about $15-20 per hour, are gone.
The bakery was somewhat of a local legend because the area was a mecca for prostitutes, who dubbed it the 'Hostess stroll.'
I have a personal connection because 20 years ago I was working at a convenience store when a man tried to rob me. He bought a Hostess fruit pie for a dollar then demanded "the money." Taking note of the bb gun he had shoved way down into his waistband, and my Glock 19 in a quick-draw holster, I declined and chased him out of the store. I kept his dollar--I hope he enjoyed that Hostess fruit pie, a product of the now-closed Seattle plant.
What an idiot, doesn't he know there is 480 calories in those pies? Should of gone for the sno balls which have 360 calories.
I really loved those fruit pies. I did not know they were in such bad shape financially. I would think some other company will buy the assets, name, brands after they close their doors, and make the products in Mexico.
Unless Obama bails them out. Remember, he gets to pick and choose winners and losers. He chose GM to win and he chose Hostess to lose. Both companies were failures.
Well we all know that the US would have totally collapsed if GM stopped making cars.
Biggest union bailout in the history of the US..that's what that bailout was all about.
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