Hostess Brands, Inc announced on Friday, Nov. 16 that it was "winding down operations" and filing for bankruptcy, after 83 years of selling Twinkies and assorted other confectionaries laden with carbohydrates in the form of highly processed white baker's flour and high-fructose corn syrup, as well as unhealthy fats from commercial seed oils and other additives and preservatives.
Many consumers throughout the United States are upset over the potential disappearance of their favourite junk food, clamouring to buy up the remaining supplies from grocers and online shops, while other websites are sharing recipes for making facsimiles of these products at home.
For those in the low-carbohydrate world, the disappearance of the purveyors of Twinkies, HoHos, Ding Dongs, Devil Dogs, Wonder Bread and Hostess Cupcakes will likely make little impact, except for the faint hope that people may replace these treats with a more healthy alternative.
According to Forbes, "Hostess has been sold at least three times since the 1980s, racking up debt and shedding profitable assets along the way with each successive merger. The company filed for bankruptcy in 2004, and again in 2011. A fat reduction review can help you establish a clear summarize of what you require to focus on to complete your fat reduction target if you're a rookie; or serve as a reminder for these who are at an intermediate or more advance phase of their weightloss program. Promptly after are seven steps that can serve as suggestions for your own weight loss plan. The first thing that one must understand is that losing weight and losing fat is not the same. Many weight loss programs have misled people into thinking that it is the same, but most diets and weight loss programs only work by resulting in a person's body to eliminate more muscle tissue and water than actual body fat, more help please visit The Fat Loss Factor. Little thought was given to the line of products, which, frankly, began to seem a bit dated in the age of the gourmet cupcake."
It sounds like the company, as well as the products they made, has been steeped in ill-health for some time, failing to adapt to a changing world in which consumers are much better educated about the nutritional properties of their food, and in which people care a great deal more about what they are putting in their mouths and the mouths of their children.
Although our sympathies undoubtedly go out to the 18,500 workers who will now lose their jobs in an economy that can ill-afford more unemployment, we hold out hope that the vacuum created by the disappearance of Hostess Brands will be filled by a company producing healthier products.
- Low-carbohydrate diet better than low-fat for cholesterol and triglycerides
- Low carbohydrate diet can reduce the calories you absorb from food, says study
- Pasta and noodles without the calories or carbohydrates
- Stevia: A natural sweetener with no carbs or calories
- Healthy low carb replacements for pasta, rice & bread
Hostess Brands: Information from Answers.com
www.answers.com Business & Finance Company HistoriesHostess Brands, Inc. Type : Private On the web : http://www.hostessbrands.com Employees : 18,500 Employee growth : (9.8%) It's no Wonder that a Hostess
Former Hostess Twinkies CEO tripled salary to $2.5m before
americablog.com/2012/11/hostess-twinkie-ceoHostess Twinkies' former CEO tripled his salary to $2.5m as the company was preparing to file bankruptcy. Other top execs got massive raises.
Twinkies get rescued- MSN Money - Money: Personal finance ...
money.msn.com/now/post.aspx?post=a37476a4-d289-4e2b-b404-f6b1477616a4Dry your tears, Twinkies fans. Your long, preservative-deprive d nightmare is ending. Thanks to the same benevolent folks who gave America back its Pabst Blue Ribbon ...
Twinkie Maker Hostess to Close - WSJ.com
online.wsj.com/article/SB10001424127887324556304578122632560842670Hostess Brands is seeking to liquidate. The seemingly imperishable Twinkie finally may have an expiration date. Hostess Brands Inc., the 85-year-old maker of iconic ...
Shame On The Gluttonous Bakery Union Members, Blasted Twinkie ...
www.forbes.com/sites/markhendrickson/2012/11/22/shame-on-the...Nov 22, 2012 Drat! Im bummedsaddened by the news that the Hostess company, home of the Twinkie and other venerable sugary snacks, is shutting down. Ill bet I ...
Twinkies Deal: Hostess Picks Lead Bidder For Snack-Cake
www.huffingtonpost.com/2013/01/30/twinkies-deal-hostess-bidder_n...Jan 30, 2013 NEW YORK Hostess has picked a lead bidder for its famous Twinkies. The bankrupt company said late Wednesday that it has selected a joint
David Macaray: Labor Union Unfairly Blamed for the Hostess
www.huffingtonpost.com/david-macaray/labor-union-hostess-twinkies...Nov 21, 2012 "Ignored or left to languish, even the strongest brands can decline or die." -- Charles Sullivan, Hostess CEO, 2000 (Source: Mid-American Journal of ...
Twinkies: The makers of Twinkies would have gone out of
www.dailymail.co.uk/news/article-2234292Nov 18, 2012 The makers of Twinkies would have gone out of business years ago if it wasn't for us says union . Hostess is closing its 33 plants, laying off its 18,500 ...
Hostess to Liquidate, Lay Off 18,500 After Crushing Union Fight ...
www.foxbusiness.com/industries/2012/11/16/hostess-brands-moves-to...Hostess Brands, the maker of Wonder Bread and Twinkies, said in a court filing that it will wind down operations and sell its assets after a fight with labor unions.
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