The odyssey of Hostess Brands is not only playing out in bankruptcy court and business boardrooms. Its liquidation is also being followed in schools of business on university campuses.
Chris discusses all the efforts to save Hostess and Twinkies, the free stuff people are able to find to make it though tough times and the uproar caused by Wal-mart and Target opening on Thanksgiving night. He also talks to Comedian Dom Irrera in advance of his shows at Helium Comedy Club this week.
Tasty Baking Co., the maker of Tastykakes and other packaged sweets, will cut 32 jobs at its former corporate headquarters in Philadelphia, a move decided upon after it was acquired by Flower Foods Inc. this year, Tasty said Friday.
“Philadelphia” is not among the ingredients listed on Tastykake packages, but some who love the treats might argue they wouldn’t taste the same if they weren’t made here by people who live here.
Mayor Michael Nutter says the broad outlines of the Tastykake deal look good to him.