November 16, 2012 It's an iconic brand name and a staple in every school kid's lunch box, but stock up now because production has been called to a halt as of today!
November 15, 2012 We could be getting near the end of the road for a few of our old time favorite American snack cakes.
Another iconic American brand is navigating troubled financial waters as Kodak has filed Chapter 11 bankruptcy. Despite $4 billion in annual sales, Kodak is struggling with legacy costs and low-cost digital competition. For many decades Kodak was THE name for film and photographic paper. Chances are good that you have some old snapshots in an album at home on Kodak paper.
According to the Wall Street Journal, the company that makes Twinkies and Wonder Bread is preparing to file for Chapter 11 bankruptcy protection as early as this week. This would be the second time that Hostess Brands, Inc. has filed for bankruptcy in less than a decade.
