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Patch's Poll: Are You Stocking Up on Twinkies and Ring Dings?

With Hostess announcing that it's going out of business, some people have run out to buy boxes and boxes of the iconic snacks.

Seriously? According to the Chicago Tribune, a box of Twinkies (10 inside) has been listed on eBay for an opening bid of $200,000.

While that may be the wishful thinking of a seller addled by too much cream filling, the hoarding has definitely started. After Hostess announced that it was going out of business on Friday, stores have reported a virtual clearing of the shelves of products such as Twinkies, Ding Dongs, and Ho-Hos.

There are no guarantees, but business insiders say it's doubtful that the production of Twinkies and other Hostess products will cease. The Connecticut Post reports that Hostess is due Monday in bankruptcy court to start selling off its assets.

The likelihood that another company will buy the rights to popular products like Twinkies is high, the Post said, adding that Twinkies alone brought in $68 million in revenue this year.

So are you hoarding cream-filled sponge cakes just in case they're not coming back?

Take our poll and tell us in the comments.

Handgunner November 20, 2012 at 02:12 PM
If Wonder/ Hostess does go under some of the names and recipies may be bought up by smaller more profitable bakers. State Line chips was a the old standard for years. They are now being made by another company and is available locally.
Handgunner November 20, 2012 at 02:15 PM
Quote from non union Pepperidge Farm driver: "I highly doubt the mediation will avert the liquidation of Hostess. The bakers union had it's reasons for striking, the judge would like to know exactly what those reasons were before he goes forward with the liquidation process. Judge Drain could have found one of those reasons in his courtroom today when the company asked him to award $1.75 million in executive bonuses during the liquidation process. Right, the union members have to be forced into making concession after concession, and for what? So the executives can cash out yet again? Hostess management has been responsible for the demise of the company, the bakers union figured out the game that was being played that's all. Hostess cannot survive, it has too much debt, a bad product line that consumers desire less and less and management that is greedy and makes themselves unaccountable."
Jim G. November 20, 2012 at 03:00 PM
The short answer is that Hostess reached unprofitable status several years ago, and everything since - bankruptcy, management changes, pressure for union concessions etc. - have been to try to keep it running as long as possible. The details no longer matter; Hostess simply doesn't sell products people want. (At least, not at a scale that supports such a huge corporation.) 'Nuf sed.

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