Posted: 4/20/2012 9:05:58 AM
"The privately held Irving, Texas, company, which employs roughly 19,000 people and carries more than $860 million in debt, has been facing a cash squeeze amid high labor costs and rising prices for sugar, flour and other ingredients, according to people familiar with the matter," The Journal reports.
1) High labor costs (I would like to know more info on this as well as the cost of middle and upper management)
2) Increase in cost of ingredients (which any and all bakeries would face)
3) The Pension liability (defintely would like more info on this....when was it started, how exactly is it funded, who and how is it managed so on and so forth)