Posted on 06/23/2013 10:19:22 AM PDT by TaxPayer2000
NEW YORK — Hostess is betting on a sweet comeback for Twinkies when they return to shelves next month.
The company that went bankrupt after an acrimonious fight with its unionized workers last year is back up and running under new owners and a leaner structure. It says it plans to have Twinkies and other snack cakes back on shelves starting July 15.
Based on the outpouring of nostalgia sparked by its demise, Hostess is expecting a blockbuster return next month for Twinkies and other sugary treats, such as CupCakes and Donettes. The company says the cakes will taste the same but that the boxes will now bare the tag line "The Sweetest Comeback In The History Of Ever."
~~SNIP~~
Hostess Brands Inc. was struggling for years before it filed for Chapter 11 bankruptcy reorganization in early 2012. Workers blamed the troubles on years of mismanagement, as well as a failure of executives to invest in brands to keep up with changing tastes. The company said it was weighed down by higher pension and medical costs than its competitors, whose employees weren't unionized.
(Excerpt) Read more at startribune.com ...
a box of 10 for 3.99?? I’m loving it. I think 4 would set ya back 4 bucks before they went toes up.
There is nothing to stop them from re-unionizing down the line.
except that they can look back in history to see the outcome...
True. That's what it said in the KS paper article. It was a back and forth as to whom was to blame.
On a brighter side, ABC has up on their front page:
Twinkies Set to Make 'Sweetest Comeback' in July
I don't remember if I bought them, think I did in the resale store, but they weren't my fav. Now I'm hungry for a couple.
But I thought maybe I'd make a rich sponge roll with seven minute frosting for filling.
I hope my APO stock rallies. I've been banking on that company to come thru for me but it's been a bumpy ride the last few weeks. There's been a huge selloff, volume and price is lower than when I bought in. I hate it when that heppens.
Snack to make people kill queers!!!
“Twinkies and cockroaches...the two things that will survive a nuclear attack. “
For decades, I’ve always maintained that Little Debbie’s were the perfect bomb shelter food because they have so many chemicals and preservatives that they should last pretty much forever. If the cockroaches don’t get them first, that is.
You forgot Keith Richards.
“From previous postings we learned that the baker’s union was reasonable and had approved concessions in previous contracts but the delivery drivers, who were raking in 6 figures, were the idiots”
That’s incorrect. You have it backwards. ALL the unions (including Teamsters) granted concessions EXCEPT the bakers. It was the bakers union that killed the whole deal, and in the long run, the Teamsters go royally hosed since the new owners dumped the delivery routes.
I copied the first thing google turned up about this:
“The Hostess unions thought they held a royal flush.
Mark Lennihan, The Associated Press
Twinkies first came onto the scene in 1930, but unions overplayed their hand last year and now non-union workers will produce the next version.
As it turns out, they weren’t even in the game.
After 18,500 Hostess employees lost their jobs because the Bakery, Confectionery, Tobacco Workers & Grain Millers International Union went out on strike (the Teamsters did not want to strike) the company went into bankruptcy and shut down, as its executives had warned it would, given a labor stoppage.”
Sub-food for sub-humans.
G’bye Hostess!
No, not 1/2 hour, 7 minutes.
Sweetest part of the story.
That's grand...15,000 more on welfare, Medicaid, food stamps...Like Walmart, the twinkie maker won't have to pay for that...You and I will...
As with many things in life, there can be a downside.
No, you are wrong. The baker’s union granted concessions in the previous two contracts and cut far deeper than the Teamsters did. So for this go-around the baker’s decided to hold there ground while the Teamsters nibbled at their feather bedded $100,000+ delivery routes.
They did so because any savings they agreed to was going to be consumed by the Teamsters.
In the end the baker’s decided that any cuts on their part was futile and that they would take heir chances post bankruptcy. As you said the Teamster’s got hosed and that was the baker’s union goal.
We need a little more Union vs. Union standoffs. Why aren’t the trade unions squaring off against the unions that endorse the leftist agenda?
Dang, they’re good. (lol trying not to think about it)
Twinkies—A Defense, The real battle at the snack maker is union vs. union. WSJ by Jenkins
Yes the Baker's were the proverbial straw but the Teamsters and the idiot managers were the bulk of the load.
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