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JayEvans in Philly?


Seaninsf
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Can't offer much, but it strikes me as odd that his ad is still "active" yet he has not even logged into the site since May 18, 2018. He must not be into his work all that much. His only review was posted 4 days after he became a member on RM. He does look good though.

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Can't offer much, but it strikes me as odd that his ad is still "active" yet he has not even logged into the site since May 18, 2018. He must not be into his work all that much. His only review was posted 4 days after he became a member on RM. He does look good though.

How did you ever survive this!!

Twinkies maker Hostess Brands files for bankruptcy protection

Hostess Brands Inc., the owner of such iconic brands as Twinkies and Wonder Bread, has filed for Chapter 11 bankruptcy protection.Spencer Platt / Getty Images

 

 

Jan. 11, 2012, 7:55 AM EST

By Msnbc.com staff and wire

Hostess, baker of Twinkies, Ding Dongs, Ho-Ho's and Wonder Bread, is hoping that twice-baked is the key to its future. The company said Wednesday that it filed for bankruptcy protection in an attempt to shrink a pile of debt amid soaring labor costs.

The Chapter 11 filing comes just two years after a predecessor company emerged from bankruptcy proceedings. Hostess blamed the current move on troubles with its pension and medical benefits obligations, increased competition and tough economic conditions.

 

The company's other problem is that health-conscious Americans favor yogurt and energy bars over the dessert cakes and white bread they devoured 30 years ago.

Last year, 36 percent of Americans ate white bread in their homes, down from 54 percent in 2000, according to NPD Group. Meanwhile, about 54 percent ate wheat bread, up from 43 percent in 2000.

Consumption of healthy snacks is growing, too. About 32 percent of Americans ate yogurt at least once in two weeks in 2011, for instance, up from 18 percent in 2000.

"We're less likely to be snacking on items that we shouldn't be snacking on," said Harry Balzer, chief industry analyst for The NPD Group, a consumer marketing research firm.

Hostess, which is a privately held, doesn't disclose sales figures. But analysts say the iconic brand has been hurt by Americans' changing eating habits.

To be sure, Hostess' snacks don't neatly fit into the U.S. trend toward a healthier lifestyle that includes a diet rich in whole wheat foods, fruits and vegetables.

The Twinkies fans out there shouldn't fret, however. The privately held Irving, Texas bakery company says it will be able to maintain routine operations to keep shelves stocked with the spongy, yellow snack and other Hostess pasteries thanks to a $75 million financing commitment from a group of lenders.

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