Low-carb diets put Twinkies, Wonder Bread at risk

Filed under: Business — Tags: twinkies-wonderbread — admin @ 5:02 pm

Insterstate Bakeries Corp., most widely known for treats like Twinkies and Wonder Bread, has filed for Chapter 11 bankruptcy protection. The company cites the growing low-carb diet trend as a cause for lower sales and lost profits.

bq. The company has been hit by both accounting problems and a drop in sales it attributed to the popularity of low-carb diets.