Creamy and Condemned by Danielle Cross
A shock to many valued customers and also horrible news to those with certain snack cravings: Twinkies have just left the building. This popular American sponge cake is now off markets because of one main reason. The company that makes and manufactures these 160 calorie snacks, Hostess Brands, has sadly declared bankruptcy. Other snacks affected are as follows: Ding-Dongs, Ho-Hos, Devil Dogs, Wonder Bread, Yodels and Zingers.
The company has been dealing with bankruptcy for some time now. Fewer orders from consumers and highly priced products were the start of their troubles. A negative sequence of events that followed really did them in.
In spite of their immense popularity, competitors were catching up. Hostess was beginning to lose foothold on their status of “one of the best snacks I have ever eaten.” Another reason is that the products' ingredients were becoming increasingly expensive.
Still another factor was the workers. Hostess warned that it would file for bankruptcy and shut down operations if enough workers did not end their striking by 5 p.m. Thursday. Workers said that the company stopped funding their pensions last year, and the union wanted these privileges reinstated. On Friday, the company did not back down on their threat. 18,500 jobs were lost from 33 plants nationwide.
But there is still hope that your teeth might sink into another bite of a Twinkie sometime soon. It is said that someone always finds a way to benefit from a crisis. Twinkies were bid on e-bay. It went up to $30 dollars for a box of ten. Someone also paid $100 for 4 boxes of 10 Twinkies! Some other country might also buy Hostess and these snacks might be seen again.
The company has been dealing with bankruptcy for some time now. Fewer orders from consumers and highly priced products were the start of their troubles. A negative sequence of events that followed really did them in.
In spite of their immense popularity, competitors were catching up. Hostess was beginning to lose foothold on their status of “one of the best snacks I have ever eaten.” Another reason is that the products' ingredients were becoming increasingly expensive.
Still another factor was the workers. Hostess warned that it would file for bankruptcy and shut down operations if enough workers did not end their striking by 5 p.m. Thursday. Workers said that the company stopped funding their pensions last year, and the union wanted these privileges reinstated. On Friday, the company did not back down on their threat. 18,500 jobs were lost from 33 plants nationwide.
But there is still hope that your teeth might sink into another bite of a Twinkie sometime soon. It is said that someone always finds a way to benefit from a crisis. Twinkies were bid on e-bay. It went up to $30 dollars for a box of ten. Someone also paid $100 for 4 boxes of 10 Twinkies! Some other country might also buy Hostess and these snacks might be seen again.