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Walmart To Buy Twinkies?

12/14/2012

Twinkies WalmartGood news Twinkies fans! Hostess, which went out of business last month, is attracting first-round bids from the likes of Walmart and Kroger – and about two dozen other bidders.

Some of the bidders are interested in acquiring all of the Hostess assets, while others are just focused on its cake or breads businesses, said the report by Bloomberg (who broke the news), which cited a person familiar with the matter.

If Walmart successfully buys Hostess it may put some Twinkies devotee’s in tough position.

As you know there are those who find Walmart a undesireable entity. The Walmart haters have their drum beat and are determined to attack Walmart on employee wages, global supply chain, the environment, etc. In spite of that sales at Walmart U.S. stores open at least a year, or same-store sales, grew 2.2% in the second quarter of 2012. That edged analysts expectations by a hair…so the haters really have no impact on Walmart.

When it comes to getting a Twinkie fix or a dose of Ding Dongs – my money’s on the desire to buy even if the brand is owned by Walmart.

And perhaps, just maybe, Twinkies might soften the haters dislike for Walmart. One can hope, can’t one?

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