Hostess Chocodiles

[Walkoff Balk]

Hostess Just Released the Most Hostess Snack Ever (yahoo.com)

Hostess did those combos before.

[Walkoff Balk]

Re: Hostess Chocodiles

18 "Facts" From Movies That Are Not Facts At All — Like, They're 100% False (yahoo.com)

Say it isn't so about Twinkies.

[Walkoff Balk]

Re: Hostess Chocodiles

http://living.msn.com/food-drink/foo...k?ocid=anslf11

Didn't know they were gone?

[Walkoff Balk]

Re: Hostess Chocodiles

http://money.msn.com/now/post--new-t...e-old-twinkies

Smaller size? Might as well make it bite size.

[Walkoff Balk]

Re: Hostess Chocodiles

http://www.staradvertiser.com/busine...l?id=214707241

Does it have a longer self life because it's made with GMO products?

[Walkoff Balk]

Re: Hostess Chocodiles

http://www.nbcnews.com/business/swee...-15-6C10423619

It's back.

[Walkoff Balk]

Re: Hostess Chocodiles

http://money.msn.com/now/post.aspx?p...8-ef7e4093b0e4

Can't wait!

[TuNnL]

Re: Hostess Chocodiles

But hold off on making that $100 bid for a box of Twinkies on eBay. CNN is reporting that the bankruptcy court judge is delaying the final closure and requesting both sides to mediate their dispute.

Unfortunately (or perhaps, fortunately for eBay Twinkie-hawkers?), the last ditch effort failed.

Twinkies maker Hostess wins court OK to close

By Martinne Geller and Jonathan Stempel
NEW YORK | Thu Nov 22, 2012 2:56am EST

(Reuters) - U.S. Bankruptcy Judge Robert Drain in White Plains, New York, authorized current management, led by restructuring specialist Gregory Rayburn, to immediately begin efforts to wind down the 82-year-old company, a process expected to take one year.

"It appears clear to me that the debtors have taken the right course in seeking to implement the wind-down plan as promptly as possible," Drain said near the end of a four-hour hearing.

The judge authorized Hostess to begin the liquidation process one day after his last-ditch mediation effort between the Irving, Texas-based company and its striking bakers' union broke down. Drain said details of those talks are confidential.

[Frankie's Market]

Re: Hostess Chocodiles

Interesting to see today who the CEO of Hostess is: Gregory F. Rayburn. He was briefly the CEO of Muzak while I was employed there; he was brought on board to restructure the company - and was booted out after one year of failure. Massive layoffs occurred less than a year later, followed by bankruptcy, emergence from same, and an eventual sale, after a decade of trying to sell the company.

Sounds like a swell guy.

From what is being reported to the media, I can understand why the union is engaging in this strike. Their pension fund was raided, while corporate execs were treating themselves to overly generous raises, some of them as high as 80%. The outraged workers walked out, leading to the company's shutdown. Management responded with the threat to declare bankruptcy and warned the union that all of their jobs were in jeopardy if they didn't go back to work by Friday. Knowing full well that this was likely a serious threat, the workers stood their ground, and preferred to lose their jobs rather than let those vultures continue to walk all over them. Gotta tip my hat to them. Not every labor union has that kind of backbone.

But hold off on making that $100 bid for a box of Twinkies on eBay. CNN is reporting that the bankruptcy court judge is delaying the final closure and requesting both sides to mediate their dispute.

[Leo Lakio]

Re: Hostess Chocodiles

Interesting to see today who the CEO of Hostess is: Gregory F. Rayburn. He was briefly the CEO of Muzak while I was employed there; he was brought on board to restructure the company - and was booted out after one year of failure. Massive layoffs occurred less than a year later, followed by bankruptcy, emergence from same, and an eventual sale, after a decade of trying to sell the company.

[Leo Lakio]

Re: Hostess Chocodiles

Hostess produced Zingers after acquiring the Dolly Madison brand. DM is also being shut down as part of the closure of Hostess.

As for competitors buying the Hostess name, it looks like El Grupo Bimbo in Mexico may have an edge; they are huge, as are Con Agra and Flowers Foods, other companies that have expressed interest.

[scrivener]

Re: Hostess Chocodiles

I always liked Zingers better anyway and said so the day Hostess went under. But did you know that Hostess was one of two brands that produced Zingers? I didn't until I saw a lone box of Zingers (raspberry) on an otherwise empty Hostess shelf at Times.

[Walkoff Balk]

Re: Hostess Chocodiles

How about those Dolly Madison's Zingers that sponsored the Charlie Brown tv specials?

[Frankie's Market]

Re: Hostess Chocodiles

Or a smaller, retro-themed company, like the ones that now create and market classic soda flavors such as Nu-Grape and Nesbitt's.

Who knows. Hostess might have gone bankrupt due to labor strife and mismanagement. But their total product sales last year was in the neighborhood of $2.5 billion. Not exactly chump change, is it? Which is why a likely candidate to carry on the Hostess brands will be a deep-pocketed conglomerate.

[Leo Lakio]

Re: Hostess Chocodiles

Surely, another snack food company (i.e. Nabisco, Nestle, etc.) will pick-up the rights to those iconic junk foods.

Or a smaller, retro-themed company, like the ones that now create and market classic soda flavors such as Nu-Grape and Nesbitt's.