Business & Tech
Death of the Ding-Dong? Hostess May Close
Reports are that Hostess is shutting down after a labor dispute. Is it the sad end of an era, or good riddance to junk food heaven?
Twinkies. Hostess Cupcakes. Wonder Bread. Ding-dongs.
They could be gone forever, with reports that Hostess Brands, Inc., said today that it will sell off or close down its 82-year-old business. Done in, says the CEO, by labor union action.
Hostess filed for Chapter 11 bankruptcy protection in January.
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The company has been challenged not only by snarly labor relations and a national strike by its second-largest labor union, but also, says the Wall Street Journal, by consumers switching to healthier foods and high ingredient costs.
Still, the Journal says that Hostess has threatened liquidation before, and not followed through.
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TELL US: What do you think about this end to a junk-food empire? Will you buy some Ding-dongs and Twinkies for old times' sake? Is it the end of an era? Or will the world be better off without so much junk food? Tell us what you think in the comments section below.
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