Hostess

Business
11:14 am
Tue March 19, 2013

Twinkies Sale To Pabst Beer Owner Approved By Judge

(via Flickr/sekimura)

The process that started with strikes and Hostess bakery shutdowns (including one in St. Louis) has made another step forward.

A bankruptcy judge has approved the sale of Twinkies to a pair of investment firms.

Hostess Brands Inc. is selling the spongy yellow cakes, along with other snacks including Ding Dongs and Ho Hos, to Apollo Global Management and Metropoulos & Co. for $410 million.

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Hostess
2:03 pm
Tue March 12, 2013

'Twinkie Panic' Over? New Brand Owner Says Cakes Coming Back

(via Flickr/sekimura)

Updated 2:26 p.m.

Hostess is moving ahead with plans to sell its Twinkies and other snack cakes to two investment firms after no other competitive offers were made.

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Business
2:28 pm
Wed February 27, 2013

Hostess Nearing Sale Of Wonder Bread

A 1956 ad for Wonder Bread from a North Carolina State Fair premium list. Hostess is near a sale of the Wonder Bread brand following the company's shutdown.
(via Flickr/Government & Heritage Library, State Library of NC)

Wonder Bread is one step closer to getting a new owner.

A person familiar with the situation who requested anonymity because the auction process is private says there will be no competing offers Thursday to a bid by Flowers Foods to buy several bread brands from Hostess.

The $360 million bid by Flowers also includes Nature's Pride, Butternut, Home Pride and Merita breads. An auction will still be held for a separate $30 million bid by Flowers for Beefsteak. Any sales require approval by a bankruptcy court.

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Business
6:09 pm
Tue January 29, 2013

Twinkies And PBR Together? A Deal May Be Near

(via Flickr/sekimura)

The announcement from Hostess that it would be shutting down three of its bakeries (St. Louis, Seattle and Cincinnati) and then, shutting down as a company entirely, evoked a "Twinkie panic."

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Food
1:57 pm
Fri November 30, 2012

Booches' Famous Burgers Seek New Buns After Hostess Plant Closes

A softly-lit Booches' burger, back in the days of the Hostess bun.
Genevieve Howard Flickr.com

Originally published on Fri November 30, 2012 1:57 pm

Twinkie hoarders, artists, and Ding Dong enthusiasts weren't the only consumers affected when Hostess started shutting down plants across America just a few weeks ago.

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Business
5:24 pm
Mon November 19, 2012

Hostess Ordered Back Into Mediation With Union

Twinkies
Credit via Wikimedia Commons

A bankruptcy judge in New York has ordered Hostess Brands Incorporated back into mediation with its second-largest union, meaning for the time being the maker of Twinkies, Ding Dongs and Wonder Bread will not shut down.

The company had begun the process of liquidating its assets following a Nov. 9 strike by its bakers' union.   The Hostess plant in St. Louis employed 360 people before it was closed last week.

Dave Douglas has worked for the company for 28 years and says he can’t afford to give up any more in wage and benefits to keep the job.

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Hostess shuts down
5:31 pm
Fri November 16, 2012

Missouri Grocers: 'We Expect To Be Out Of Twinkies Within 24 Hours'

(via Flickr/sekimura)

Grocery stores across Missouri are running out of Twinkies and other Hostess products, following today’s announcement that the company is going out of business.

Shoppers had already been snapping up Twinkies, Ding Dongs and other Hostess-made snacks prior to the announcement that the company was closing.  Lori Willis is spokeswoman for the St. Louis-based Schnucks grocery chain.  She says they expect to completely run out of Hostess snack products by Saturday.

“As a retailer, this is the very last thing you want to hear, that you’re not going to be able to meet the needs of your customers, so we’re working very hard with a lot of other suppliers to make sure that we can fill in where we can," Willis said.

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Hostess
11:58 am
Fri November 16, 2012

Twinkies' Hostess Brand May Die, But The Iconic Snack Cakes Never Will

Originally published on Fri November 16, 2012 11:24 am

The Hostess brand, home of the Twinkie, Sno Ball, Ding Dong, and those fun cupcakes with the swirly lines on top and filling in the middle, is shutting down, as our colleagues over at The Two-Way blog report. The purveyor of iconic calorie-rich but nutrient-poor snacks says a labor dispute has forced it to go out of business.

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The Two-Way
9:17 am
Fri November 16, 2012

No More Twinkies? Hostess Brands Is Shutting Down

Stock up now.
Scott Olson Getty Images

Originally published on Fri November 16, 2012 8:53 am

Carrying through on its warning about what could happen, the management of Hostess Brands announced this morning that the company is going out of business and laying off its 18,500 employees.

At issue: According to Hostess CEO Gregory Rayburn, "we simply do not have the financial resources to survive an ongoing national strike."

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Hostess
4:43 pm
Mon November 12, 2012

Hostess Closing St. Louis Facility, Two Others, Following Strike

(via Flickr/sekimura)

Hostess Brands Inc. is permanently closing three bakeries following a nationwide strike by its bakers union.

The Texas-based maker of Twinkies and Ding Dongs says the strike has prevented it from producing and delivering products.

Hostess warned earlier this month that the strike, by about 30 percent of its workforce, could lead to bakery closures. It said Monday that it will close bakeries in Seattle, St. Louis and Cincinnati that collectively employ 627 workers. The company has about 18,300 employees.

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