As we heard not long ago, Hastings Entertainment has filed for bankruptcy. That means a lot of changes will be happening, like being unable to use store credit or gift cards.
Hostess, which makes such iconic foods as Wonder Bread and Twinkies, has filed for bankruptcy. The company is some $860 million in debt, so clearly some restructuring is in order.
What happens now, you ask? Here are some possible scenarios of what may take place: