Hostess to close, cites nationwide worker strike
Hostess Cupcakes
Credit: Getty Images
NEW YORK, NY - JANUARY 10: Hostess products are viewed on the shelf at a grocery store on January 10, 2012 in New York City. Hostess Brands Inc., the owner of such iconic brands as Twinkies and Wonder Bread,is preparing to file for Chapter 11 bankruptcy protection as soon as this week. The privately held Irving, Texas, company currently employs roughly 19,000 people and carries more than $860 million in debt. The company has been experiencing high labor costs and rising prices for sugar, flour and other ingredients. (Photo by Spencer Platt/Getty Images)
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