The Chronic Consumer

I buy things — all the time!

Hostess to file bankruptcy

January 12th, 2012 by Chronic Consumer

I haven’t eaten Hostess products since I was a kid, but this news still makes me a bit sad. I just read that Hostess will be filing for bankruptcy protection due to the high cost of labor and competition, as well as significant debts in the form of pensions and so forth.

For now, the company says its products, including Twinkies, Ho-Hos, Ding Dongs, SnoBalls, and Wonder Bread, will remain on the shelves. But the future is increasingly uncertain because of the issues listed above, as well as the fact that many people are now trying to eat healthier — which often includes eliminating white bread and snack cakes.

I loved Twinkies and Ho-Hos when I was younger. I used to eat them for breakfast rather than as a snack. I had a great metabolism back then though, and didn’t gain weight because of it. I honestly can’t imagine eating that stuff on a regular basis now — which I guess is exactly why the company is filing for bankruptcy protection.

This entry was posted on Thursday, January 12th, 2012 at 2:41 pm and is filed under Shopping News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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