Twinkie hoarding begins as word of Hostess shutdown spreads


WTVR.com

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By Parija Kavilanz

NEW YORK (CNNMoney) – Just hours after Twinkies maker Hostess declared it will shut down for good, grocery stores nationwide are already experiencing a run on Twinkies and the company’s other iconic products like Wonder Bread, Hostess Cup Cakes and Ding Dongs.

“We’re definitely seeing a sharp increase in purchases of Hostess products today,” said Mike Siemienas, spokesman for grocery store operator Supervalu. “We expect this will continue as more consumers become aware of the news.

Irving, Texas-based Hostess Brands announced Friday that the company had initiated steps to shutter its operations, blaming a strike by bakers protesting a new contract that was imposed on them.

Siemienas said shoppers were snapping up Hostess products off of shelves across Supervalu’s network of grocery stores nationwide, including Albertsons, Jewel-Osco, Acme and Shaw’s.

“These products are available while supplies last,” he said. “But we’re now preparing for the…

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