SOURCE: IO News Wire

IO News Wire

March 23, 2010 07:30 ET

(OTCBB: TOOT) Two New Retail Locations Bringing in the Customers

Note to Editors: the Following Is an Investment Opinion Issued by the IO News Wire

NEW YORK, NY--(Marketwire - March 23, 2010) -  Tootie Pie Company, Inc. (OTCBB: TOOT) announced yesterday that their two new stores are generating great business with pie sales accounting for 25% of the revenue.

In a recent article by, President and CEO of the American Bakers Association Robb MacKie stated that in 2010 "Consumers buying habits will likely favor private label and more traditional bakery products" which are comfort foods and an "affordable luxury" for consumers. Also in the article, Dan McGleno, CEO of St. Agnes Baking in St. Paul Minnesota, expects bakeries that "expand or reduce will do better than those who try to maintain right where they are."

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Other active stocks are Sara Lee Corp (NYSE: SLE) General Mills (NYSE: GIS) and Tasty Baking Company (NASDAQ: TSTY)

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