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Deadpool

Ole Ole flops after only five months

Posted by Liora Ipsum / February 12, 2014

Ole Ole Toronto deadpoolOle Ole, the three-floor tapas bar on King East that replaced Kultura, has shuttered a mere five months after its debut. One report on Chowhound paints a picture of uncleared tables, dead flowers, and notice posted to the door from the landlord seizing the property due to unpaid rent.

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Deadpool

Phil's Original BBQ smokes its last brisket

Posted by Jen Hunter / February 3, 2014

Phils Original BBQ closedPhil's Original BBQ joined the deadpool last Friday. College Street locals and barbecue fans will remember the restaurant as once being amongst the best spots to head for ribs or brisket, but it appears that the influx of new competition and now established BBQ joints (such as The Stockyards and Barque) hit this smokehouse hard.

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Deadpool

Global Village Backpackers shuts down

Posted by Staff / January 18, 2014

Global Village backpackersGlobal Village Backpackers, Toronto's popular hostel (in business since 1997) at the corner of King and Spadina, abruptly announced to staff yesterday they are closing. We're told the decision was made by the owner of the business and management were informed by phone. Current guests have been given to Monday to find alternate accommodations.

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.

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Deadpool

Annex location of Book City to close after 38 years

Posted by Derek Flack / January 16, 2014

Book City Annex ClosingBook City in the Annex will close its doors this spring. I write a lot of deadpool posts on this site, but this one really stings. While I've been bemoaned the passing of bookstores like Pages and This Ain't the Rosedale Library in the past, this Book City has been my local go-to for about decade. Open late with friendly staff and plenty of cheap books to go along with above average cultural studies and fiction sections, this was your quintessential neighbourhood book shop.

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Deadpool

LeVack Block deadpool, building sold for $3 million

Posted by Liora Ipsum / January 13, 2014

Levack BlockAfter a six-year stint on Ossington, LeVack Block closed its doors for good after celebrating with one last blow-out dance party this past Saturday. The historic three storey building has been sold to new owners, which signals the end for the bar (and club-like back space) and event venue that was housed on the top floor. Once one of Ossington's hottest Friday and Saturday night destinations, the crowds just hadn't been the same over the last couple of years.

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Deadpool

The top 20 deadpool from Toronto in 2013

Posted by Liora Ipsum / December 20, 2013

Deadpool TorontoThe Toronto deadpool grew a whole bunch in 2013, with both old-hat dining establishments and short-lived players in Toronto's ever-evolving culinary and retail landscape shutting their doors, often for good. This year's list sees the loss of a number of well-reputed but perhaps, outmoded eateries as well as some innovative but untenable experiments.

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

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