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Hostess goes bankrupt

The Hostess store on Shawnee Mission Parkway stands empty on Sunday, Dec. 2. Many students including senior Joe Jerome are upset over the closing of Hostess. “I don’t really mind the Hostess store going out of business, but I will miss the Twinkies,” Jerome said.
The Hostess store on Shawnee Mission Parkway stands empty on Sunday, Dec. 2. Many students including senior Joe Jerome are upset over the closing of Hostess. “I don’t really mind the Hostess store going out of business, but I will miss the Twinkies,” Jerome said.

After 87 years of producing favorites such as Twinkies, Ho Hos and Wonder Bread, Hostess has filed for bankruptcy. The request was placed on Friday, Nov. 16, and the company officially closed for business on Wednesday, Nov. 21.

The bankruptcy was based mostly on troubles with union worker strikes, but the company had also been suffering from consumers’ increased interest in healthier snack alternatives. Before filing for bankruptcy, Hostess was $860 million in debt.

Some have been more affected by the company’s troubles than others, including those who grew up with the iconic snacks.

Sophomore Angelica Vita explains why the bankruptcy is a big deal to her.

“I’m upset at the fact that something that’s been here for so long is now gone,” Vita said.

Because of the bankruptcy, 18,500 workers will lose their jobs. It is estimated that 94 percent of the employees will be laid off over the next four months.

Included in the terms of the bankruptcy was the agreement that Hostess will be able to sell its popular brands and recipes. The company plans on selling them to the highest bidder after the bankruptcy court has approved its request.

However, sophomore Jack Earlenbaugh believes that it’s not just a recipe that makes up Hostess snacks.

“Someone will buy the recipes, but it won’t be the same,” Earlenbaugh said. “Not without the Hostess label on it.”

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