In a fairy tale setting, the Simpsons are peasants living in a pumpkin cottage. After Homer lost his job as the village oaf, he abandons Bart and Lisa in the woods to solve the family's food shortage. When Homer returns to the cottage, Marge has him go out looking for the children after admonishing him for throwing them out instead of selling them.
Meanwhile, with the help of Lisa's copy of Grimm's Fairy Tales, she and Bart manage to elude the many dangerous creatures in the forest, including a troll-like Moe and the Three Bears, who viciously maul Goldilocks after Bart and Lisa leave the Three Bears' cottage, locking her inside. The siblings eventually come seek shelter in a gingerbread house owned by a witch. Lisa is wary as it is exactly like the story "Hansel and Gretel", but Bart is too busy eating treats to care. Lisa tries to stall the witch by claiming she is lonely. The witch denies this, claiming she has a boyfriend named "George Cauldron". When Lisa scoffs at this, the witch attempts to throw her into the oven, but Homer arrives to save the children, eating his way through the gingerbread house's walls.
The witch turns Homer into a half-chicken, half-fish creature with donkey ears and broom-arms. She then tries to shove him into the oven, only for Homer to overpower and shove her to her death in the oven, before George Cauldron comes to the door. The Simpsons are reunited, and are now living happily ever after with a mostly restored Homer still having a chicken's lower body as he produces eggs for the family, meaning that they will never go hungry again.