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Published byHilda Stevens Modified over 9 years ago
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Save The Twinkie
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Hostess In Trouble By Scott Jarrel and Michael Joos
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Bankruptcy Hostess filed for bankruptcy with $1.4 billion in debt $500 million in Assets, $1 Billion in Liabilities Also filed for bankruptcy in 2009 Filed for a Chapter 11 19,000 employees & 12 different Unions
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Marketing Efforts Founded in 1930 Twinkie, Snowballs, Ding Dongs, Donettes,Mini Muffins, Fruit Pies, Zingers, Suzy Q’s, Cupcakes, and 100 Calorie packs Started with Twinkie the Kid Started with Twinkie the Kid “Where’s The Cream Filling” commercialsWhere’s The Cream Filling Sold 36 million Twinkies in 2011, down 2% from 2010 Extended Shelf Life
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Hostess Hurtles Consumer Health Trend Consumers favor healthy foods over Hostess products Rising Labor and material costs High Union Demands (pension/medical benefits) Outdated business model (unnecessary costs) No Interested Buyers of the company (Hershey, Pepperidge Farm, and private equity companies)
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How Big can Hostess Make You? Current Customers Current Customers
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Questions Do you think that Hostess is too big to fail and needs a government intervention? Do you think it’s morally wrong for hostess to target children? If Hostess changed their product offering to healthier foods would they be successful?
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Sources Press, Associated. "Twinkies Maker Hostess Seeks Bankruptcy Protection - WSJ.com." Business News & Financial News - The Wall Street Journal - Wsj.com. The Wall Street Journal, 12 Jan. 2012. Web. 04 Feb. 2012.. "Products." Hostess Snack Cakes. Hostess Company. Web. 04 Feb. 2012.. Protess, Ben. "Hostess, Maker of Twinkies, Files for Bankruptcy - NYTimes.com." Mergers, Acquisitions, Venture Capital, Hedge Funds - DealBook - NYTimes.com. NY Times, 11 Jan. 2012. Web. 04 Feb. 2012. <http://dealbook.nytimes.com/2012/01/11/hostess-
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