You know you know that yellow bag.
“We deeply regret the necessity of today’s decision, but we do not have the financial resources to weather an extended nationwide strike,” Gregory F. Rayburn, Hostess’ chief executive, said in a statement.
Hostess Brands Inc. has told Michigan officials that it could lay off all of its 381 employees at 20 locations in the state if the company liquidates as part of its bankruptcy restructuring.
Visitors to local Hostess stores enjoy discounts like a loaf of Wonder bread for 99 cents, and 10 snack cakes for $3 or .40 cents each.
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