Results tagged “olssons”

UPDATE:Olsson's has since posted a press release on their web site announcing the closing of all five locations. They've also created a blog-style testimonial page for fans of the local chain to leave their thoughts on the news.

It was just a couple weeks ago that we told you about Olsson's plans to shutter its Penn Quarter location -- which it finally did, on Friday. In an email to customers, owner John Olsson had said that "The landlord has other plans for the space," and we confirmed that those plans were to bring in UK noodle shop Wagamama. But the Post reported on Saturday that it looks like there's a lot more to that story than Olsson originally admitted: Olsson's is filing for Chapter 11 bankruptcy protection.

Last week, two of its biggest publishers, Random House and Penguin Group, as well as Hachette Book Group petitioned the U.S. Bankruptcy Court in Greenbelt to place Olsson's in involuntary Chapter 7 bankruptcy, which would force the company to liquidate.

Continue reading "Olsson's Filing for Bankruptcy"

http://dcist.com/2008/03/14/the_weekly_feed_36.php">British-owned ramen bar will be taking the space. Though it's a bit further south on 7th St., the spot is bound to butt heads with other casual high-end fast food joints like Chop't and the soon-to-be-opening Vapiano, as well as another British chain, Nando's.

Sad news for lovers of locally-owned bookstores: the Olsson's location in the Lansburgh building in Penn Quarter is shutting down. We had heard rumors this was in the works for a couple of weeks, especially after so many author events appeared to be moving to the Dupont Circle location. The email below was sent out to the Olsson's list on Monday.

Dear Friends,

Continue reading "Olsson's Penn Quarter Closing Down"