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Bad management, not unions, killed Hostess

By tovarichpeter   2012 Nov 26, 4:04am   ↑ like (1)   ↓ dislike   240 views   0 comments   watch (0)   share   quote  

http://www.latimes.com/business/la-fi-hiltzik-20121125,0,966735.column

Let's get a few things clear. Hostess didn't fail for any of the reasons you've been fed. It didn't fail because Americans demanded more healthful food than its Twinkies and Ho-Hos snack cakes. It didn't fail because its unions wanted it to die. It failed because the people that ran it had no idea what they were doing. Every other excuse is just an attempt by the guilty to blame someone else. Take the notion that Hostess was out of step with America's healthful-food craze. You'd almost think that Hostess failed because it didn't convert its product line into one...

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