Michael Hoffman But I've been eating Devil Dogs since I left the ark when things dried out. When Hostess took over Drake's Cakes I cringed, and the company never distributed Drakes stuff here in Ohio, so I've had to get my Devil Dogs imported from Connecticut.
The closest I can come to a Devil Dog here is something called Zingers, and I stopped at the Wonder outlet near me this morning to lay in a supply before they're all gone. The woman working there said she's supposed to keep working till all the product is gone and then, "When I found this job I was looking for work, so, what the heck ... ."
Messed up, that Drake's needed a good national owner to spread and popularize them more, and they get bought out by archrival Hostess, and while they do get sent to some new markets, they still are not promoted as much, and yet, now, the only thing to come of being bought out is that they end up going down with the whole ship
The worst case scenario I worry about is someone buyng Hostes only, and letting Drake's fall by the wayside. On the other hand, if they are split up like that, and one company buys Hostess, and the other buys Drake's; then the competition would be on again!
And for those Drake fans - - I can remember the aroma of Drake's bakery in Bloomfield tantalizing my nose on the way home from swim team practice in Oakland - after we crossed the Bloomfield bridge - - and if the aroma wasn't working, the parade of ducks across the rooftop certainly was entertaining...
When did they have a bakery out there? It had to be in recent years after the takeover by Hostess (IBC). But I didn't know they built new plants for Drake's. I thought they just shipped them frozen, anywhere beyond the bakery areas in the northeast.
I talked to someone today who is in the industry and there's a strong feeling that Bimbo Bakeries USA, a subsidiary of Grupo Bimbo, a Mexican company, will buy the Hostess brand. Bimbo already owns Sara Lee, Entenmanns, Earth Grains, and many other brands.
If Bimbo buys them, that would truly be a monopoly. Hostess and Drake’s would now probably be squeezed on the Marinelas [Bimbo's snack cake brand] racks that have popped up in bodegas across NYC. They would also monopolize the NYC bread market. Since Stroehmann’s [another bread company they own] already dominates the shelves over Wonder (And even the Bimbo label itself becoming more popular), I wonder which one, if any, would be phased out.
Other potential buyers are said to be McKee Foods
(Little Debbie); Flowers Foods
, large southern company (Blue Bird, Mrs Freshley’s cake, and a large portion of the Sunbeam bread franchise, and also last year bought Tastykake), and Canadian company Weston Foods. http://erictb.wordpress.c...the-kids-last-roundup/