"A bankruptcy judge gave interim approval to the liquidation on Nov. 21. Nationwide, 18,500 people will lose their jobs and all 570 outlet locations will close. At the Nova Road location, the only outlet store in Volusia and Flagler counties, alone, 19 people will lose their jobs."
18,500 people jobless, that plus the way our economy is now the taxes on everything will increase once again. The Hostess corportation was one of the largest corporations in the nation. Almost 19,000 people will have to go and search for jobs once again and try to make the best of things while trying to keep their utilites paied for and not falling behind in payments. All 570 outlets of Hostess will be out of buisness as well, so however many people who were working in those stores will have to search for jobs else where. This corportation is making a domino effect on the rest of the world whether they know it or not.
And,"while many analysts say it's likely another company will pick up production of many of the products through a bankruptcy auction, the thought of a Twinkie-less world has sparked a feeding frenzy on the beleaguered company's products."
If another company tries to buy the remains of the Hostess products at a bankruptcy auction there is going to be one huge fight to try to be the last company to hold Hostess brand products. Did you know that there is a box of Twinkies on Ebay right now that has a starting rate of 75 dollars? Nobody thought that we would ever run out of Hostess because it was such a huge profit making company, but I guess our wold is making something better if we dont't even need the simple Twinkie anymore. A "twinkie-less world" is not something I wanted to grow up in.
I'm not sure about the rest of the world, but stated in this article, "As for the Twinkies, they sold out in less than a hour Sunday at the Nova Road store."...."A fair supply of bread, chocolate cupcakes and Zingers remained at the Nova Road store mid-Sunday afternoon. Just no Twinkies, alas."
As for this store, Twinkies are now a thing of the past.
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