Hostess Going Out of Business. Any more?
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Sears and K-Mart are part of the same monster, and the monster wasn't doing too well the last time I heard.
I think malls have really been mis-managing their locations. I know this was the case in the mall where I worked in 2008. I don't know how the individual businesses were doing, but there were A LOT of empty spaces.
As for the person saying that the world will be healthier without Hostess- I didn't get fat off of Hostess cakes, and there will always be unhealthy opportunities.0 -
Sears and K-Mart are part of the same monster, and the monster wasn't doing too well the last time I heard.
I think malls have really been mis-managing their locations. I know this was the case in the mall where I worked in 2008. I don't know how the individual businesses were doing, but there were A LOT of empty spaces.
As for the person saying that the world will be healthier without Hostess- I didn't get fat off of Hostess cakes, and there will always be unhealthy opportunities.
I haven't considered malls but growing up that was the place to go. If a store wanted to make a name for themselves, a good place to start was to have a presence in a mall. Today, outdoor malls like Easton (here in Columbus) are where young people go and hip stores like the Apple Store are located. But I think malls will eventually make a comeback.
As for unhealthy snacks, just because someone wants to eat healthy doesn't mean we all have to impose our health habits on others. I like Twinkies but I haven't eaten one of them in years. But I won't deny or condemn those who eat them regularly.0 -
So happy that they're going of business, it's for the best! More healthy living for the world, at least to some extent.
So you're happy that 18,500 people will be unemployed?0 -
I haven't seen a K-mart in years. Sears and Jc Penny are in trouble as well.0
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Don't forget about Kodak which went belly-up a little while ago. Another one that will likely go down the tubes is Best Buy, I think. We have had several stores in the area close in the last year. I bought a cable there for $20 and then found the same thing online for $3.99. Needless to say I returned the more expensive one to the store. Best Buy usually has pretty poor customer service too, which doesn't help.0
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I always feel like Toys R Us is always on the verge of teetering out of existence. Haha.
Best Buy is another. Kmart, too.
I think I died a little on the inside when Borders disappeared. It was the only place I could buy the manga I like because they had a huge selection of every genre imaginable, even my niche genre. Barnes and Noble keeps trying to get me to come in and sends me coupons, etc. but they don't have the stuff I spent heaps of money on at Borders. Haven't spent a dime on the stuff since. :c0 -
Woolworth's is a store I miss. When I was a kid is was all about going to the soda counter and enjoying a real cherry or vanilla coke. I also used to go shopping with my Grandmother at Rose's. Nice memories.0
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Along with Woolworth was Neisner's, both five and dime stores. Growing up in San Antonio we had a mall called "Wonderland". That mall had Woolworth, Neisner's, Montgomery Wards, and Sears to name a few stores. Piccadilly Cafeteria was also located there along with Radio Shack. The mall is still there but all those stores are gone, some for good. Piccadilly Cafeteria has just a few restaurants left in Texas and Radio Shack will probably be one of those brands to disappear.0
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Caldon, I used to go to Wonderland as well........Central Park Mall, North Star, which is still open, Windsor Park and Mc Creeles malls too........
Do you remember Western Auto, Whites, Toy Box , Lerners , and Bruners? All gone
that photo you mentioned , the Joske photo with an old funeral hearse in front of it.........It was taken and posted in the Express News back in the 1920s when Mr Joske died............, it was one of the Joskes, the man who started the company
I used to go to Santa Land when I was a kid to see all the cool stuff the had set up as a village up on the 3rd floor I think........also, I remember the cool window displays............I think Dilliard bought them out, they went under, as well as Foleys...........all gone
take care, hope you have a great San Antonio Christmas......nothings more fun than to go to the riverwalk to see the lights............Lloyd0 -
Little Debbie already makes the same things
Nothing is really changing.
but Little Debbie doesn't taste as good as hostess0 -
Hostess will be back. This is their way of getting rid of the unions and bringing in cheaper labor. Might be a new name, but it will be the same bosses. And look, they get to sell out every single product in their inventory as well, what a coincidence!
The brand names will be bought up by competitiors. The company itself is dead due to bad management and bad union behavior.
The union didn't do a damned thing wrong. The company got sold (earning the old owners a nice chunk of change), then the new owners borrowed a ton of money that went into their own pockets rather than the company's (earning them a nice chunk of change, too), and then they expected the employees to pay off the debt by giving up their salaries and pensions.
The Union did do something wrong. They were greedy. They don't need pensions. They can get 401Ks just like the rest of us. The other Unions in the company all recognized that it was more important to keep people employed than to get another huge raise that those of us in non-union companies hadn't gotten for 4 years. But this Union was greedy.
Yes, management did a poor job managing company funds. However, ERISA had something to do with that. Because of ERISA laws, Hostess ended up being responsible for other companies' pension debts (other companies that had also gone out of business).
Both sides need to take the blame in this one. But I hope this wakes up some unions. It's time to recognize economic realities.0 -
Stars was one of my favorite stores. If you couldn't find what you were looking for any where else you knew that Stars would have it.
Personally I haven't had any hostess anything in probably about 20 something years.
Oh and to the person who said that it wasn't because of the strike you really should listen to the news. They told the strikers that unless they returned to work they would be forced to shut their doors.
The major reason for Hostess shutting down its business was due to a crippling strike by members of the Bakery, Confectionery, Tobacco Workers and Grain Millers International Union. During contract negotiations, union workers were asked to accept cuts in pay and benefits in order to keep the company afloat; they refused and went on strike.
The last straw
Hostess warned striking workers on Wednesday that unless they returned to work by Thursday, it would be forced to shut down operations forever.
By Friday, workers were still picketing Hostess bakery plants, which resulted in CEO and chairman Gregory F. Rayburn of Hostess to shut all Hostess bakeries down.
Rayburn stated:
"It's over. This is it. We deeply regret the necessity of today's decision, but we do not have the financial resources to weather an extended nationwide strike.”0 -
My mom bought me my first bike from Western Auto in San Antonio. If I remember correctly, that bike set my parents back $49.00 That was practically a pay check. But, that banana bike lasted me about 10 years until I out grew it. And I rode that thing all over San Antonio even going past the air port (I lived in the west side of the city). Today Wal-mart bikes last less then one year. I know. I purchased 2 of them and they were junk!
:grumble:0 -
Little Debbie already makes the same things
Nothing is really changing.
but Little Debbie in my opinion is crap. Little Debbie is just cheap crap that tastes as bad. Remember you get what you pay for lol I love my orange Hostess Cupcakes!0 -
Zellers in Canada.....
Sadly yes, I used to buy a lot of my `fat`clothing there and now I have what option... walmart, which i never go to cause it`s too damn huge of a business that I DO NOT want to support or very expensive places.. basically everyone is getting screwed here. spend more money, only shop from these places... god, when are people going to smarten up and stand for what we want and believe in.0 -
Stars was one of my favorite stores. If you couldn't find what you were looking for any where else you knew that Stars would have it.
Personally I haven't had any hostess anything in probably about 20 something years.
Oh and to the person who said that it wasn't because of the strike you really should listen to the news. They told the strikers that unless they returned to work they would be forced to shut their doors.
The major reason for Hostess shutting down its business was due to a crippling strike by members of the Bakery, Confectionery, Tobacco Workers and Grain Millers International Union. During contract negotiations, union workers were asked to accept cuts in pay and benefits in order to keep the company afloat; they refused and went on strike.
The last straw
Hostess warned striking workers on Wednesday that unless they returned to work by Thursday, it would be forced to shut down operations forever.
By Friday, workers were still picketing Hostess bakery plants, which resulted in CEO and chairman Gregory F. Rayburn of Hostess to shut all Hostess bakeries down.
Rayburn stated:
"It's over. This is it. We deeply regret the necessity of today's decision, but we do not have the financial resources to weather an extended nationwide strike.”
I would keep picketing too. A HUGE company like that has millions or billions of dollars and they want to CUT MONEY from the already small budget these people make like i would say f that **** and hope they close their doors too those damn jerks!!0 -
I think Best Buy has to change its business model to survive. What happened to Circuit City?0
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They are not necessarily iconic brands, but I would be surprised if Nokia and Blackberry lasted much longer.
me either. Both arent doing so well.0 -
IMO more places like Hostess need to close thier doors. The companies like that are what is making America have so many obesity related health problems!!!! One less problem in that instance!!!!!0
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I can't tell you when was the last time I ate Hostess or Little Debby or really anything of the sort! Maybe when I was a child?
Every time I go into Best Buy they are still busy. So they are still making something work.
One thing that I've noticed that is going out majorly in the past year is common grocery stores. I moved to DFW TX about a year and a half ago and since then 3 in my nearby area have closed their doors. So there isn't just things here and there that are hit and miss as to what they are that are closing. Its everything. Walmart has a lot to do with it.
I think we could see any department stores in the near future closing. Dillard's, Macy's, JC Penney's (I love JCP), Sears, Neiman Marcus, etc. They are just so overpriced and not a good selection of products!0 -
I was surprised to see a PC Richard & Son still around in NYC.0
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I think the problem with Best Buy is that people go there to window shop, find what they want then go to inline web sites and purchase the product at a lower price. Best Buy needs to be more competitive price-wise to survive.0
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I think the problem with Best Buy is that people go there to window shop, find what they want then go to inline web sites and purchase the product at a lower price. Best Buy needs to be more competitive price-wise to survive.
I completely agree. The "window shopping" wouldn't hurt them if their prices were competitive.0 -
I think the problem with Best Buy is that people go there to window shop, find what they want then go to inline web sites and purchase the product at a lower price. Best Buy needs to be more competitive price-wise to survive.
Of course they have brick and mortar costs to cover. And an online web site to maintain.
B&M's are at an inherent disadvantage these days. They offer the "personal" physically there experience which many cling to. But that will fade into a small niche in time.0 -
JcPenney. Within the next 5 years.
Sears should have never bought K-Mart. They're both going belly up.
As for Hostess, you'll never see the true fall of the Twinkie.0 -
In reviewing the treads, JC Penny's, Sears, and Kmart are in trouble. Best Buy needs to be careful.0
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In reviewing the treads, JC Penny's, Sears, and Kmart are in trouble. Best Buy needs to be careful.
my husband wrks at best buy. They are doing better and better every year. His stocks keeping going up and up and up. They're fine 0 -
Great! That's good to hear. Don't get me wrong, I don't want to see any business fail. I started this tread to wake up those companies who don't think they have a problem but we, the shoppers, think otherwise.In reviewing the treads, JC Penny's, Sears, and Kmart are in trouble. Best Buy needs to be careful.
my husband wrks at best buy. They are doing better and better every year. His stocks keeping going up and up and up. They're fine0 -
And now crack dealers are in the Twinkie business......0
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Best Buy...Too many stores in a rapidly moving sector of business that is found on-line...0
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