Business & Tech

Buy Your Twinkies Now! Local Hostess Store Closing

Hostess, the company that makes Twinkies, Ho-Hos and fruit pies, is going out of business, and the local outlet store's last day might be Monday.

Updated at 11:30 a.m. Sunday: The store ran out of Twinkies, Ho-Hos, fruit pies and most other snacks, but had plenty of bread, hamburger and hot dog buns, and dinner rolls on hand as of Sunday morning.

All product was half price, and a store employee said the shop would likely remain open until Monday — depending on when the product ran out.

Business was steady but not overwhelming as one cashier took care of customers.

Interested in local real estate?Subscribe to Patch's new newsletter to be the first to know about open houses, new listings and more.

__________________________________

Original story

Interested in local real estate?Subscribe to Patch's new newsletter to be the first to know about open houses, new listings and more.

It’s not too late to get a Twinkie or Ho-Ho, but you might want to hurry since the Hostess outlet store, 5340 W. Loomis Rd., could close Monday.

Hostess Brands, makers of those and other iconic snacks, announced Friday that it filed a motion in U.S. Bankruptcy Court for permission to go out of business. The company failed to reach an agreement with striking workers, and now plans to lay off all 18,500 employees and liquidate assets.

Nationally, Hostess mailed notices in May to all 18,500 Hostess Brands employees about the potential for layoffs.

An employee at the local Hostess on Loomis Road said the store’s last day might be Monday.

The Wall Street Journal reported Friday that the remaining Hostess inventory will likely be sold to a big-box store or discounter.

The fates of the timeless brands remain uncertain. It will be decided by a bankruptcy court auction run by Hostess's investment bankers, or perhaps determined by a group of liquidators.

The company tried to find a buyer for the business, and did receive some viable proposals for a certain pool of assets, but no one wanted the whole thing. Parts of the business might continue to operate in the hands of a new buyer, if found.


Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.

We’ve removed the ability to reply as we work to make improvements. Learn more here