Hostess Brands News
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After initiating liquidation of Hostess Brands on Friday, the company's CEO said its iconic Twinkies and other popular brands are likely to find buyers
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Last week Hostess Brands Inc. announced they would be shutting down operations after more than eighty years of production. While headlines have been quick to blame unions for the downfall of the company, a closer look reveals there’s more to the story.
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It is easy to blame Hostess' problems on the decrease in sales, but they only saw a small decrease in sales last year. Hostess' problems are due to management, and not market shares.
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Hostess Brands Image
F. Bill McMorris/Twitter
Store shelves are nearly empty as people rush to buy Hostess Brand snacks.
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