The news was greeted with shock and disappointment among the community of former and current (now out of work) employees and officially became public today around noon with postings to the hostel's Twitter and Facebook page. No reason was given except that it's "due to extreme unforeseen circumstances." We reached out to management (who also lost their jobs) for more information but were told any additional details would be unavailable until Monday.
We also learned that the World's Biggest Bookstore is closing, though it will run out the string for the first couple months of the new year. If there's a silver lining to all of these closures, it's that 2013 was also a robust year for new businesses, and at the risk of sounding like Gordon Gecko, the competitive marketplace often forces businesses to up their game.
Here are the top 20 deadpool from 2013.
See Also: The 10 biggest Toronto restaurant flops of 2013