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Thursday Night Story: Sundays at Rocco's

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danarchy11/16/2012 7:55:15 am PST

re: #335 Lidane

Second bankruptcy in six years for a company with annual sales in the billions?

Sounds like incompetent management to me. It’s far too convenient to blame the unions and the strikes, IMO.

Most likely. I would give the lions share of the responsibility for the economic woes on the management. But the strike was probably the straw that broke the camels back.

Hostess has a ton of iconic names in it’s portfolio so I have no doubt someone will buy the rights and recipes and probably sadly move the production to a right to work state.