{"id":3389,"date":"2008-07-02T14:00:00","date_gmt":"2008-07-02T14:00:00","guid":{"rendered":"http:\/\/www.yurasko.net\/wfy\/2008\/07\/wither-olssons.html"},"modified":"2008-07-02T14:00:00","modified_gmt":"2008-07-02T14:00:00","slug":"wither-olssons","status":"publish","type":"post","link":"https:\/\/yurasko.net\/wfy\/2008\/07\/wither-olssons\/","title":{"rendered":"Wither Olsson&#8217;s"},"content":{"rendered":"<p><a class=\"post-article-link\" href=\"http:\/\/www.washingtonpost.com\/wp-dyn\/content\/article\/2008\/06\/27\/AR2008062703194.html\"><b>Olsson&#8217;s Braces For Chapter 11 Filing<\/b><\/a> &#8211; <i>The Post<\/i><br \/>Olsson&#8217;s the venerable local independent bookstore chain is on the verge of bankruptcy.<\/p>\n<blockquote><p>&#8220;The book business is getting a little soft. It&#8217;s not selling as much as it used to,&#8221; Olsson said. &#8220;Our music sales went from 50 percent of our business to maybe 15. We lost a lot of revenue, and at the same time rents went up and real estate taxes went up. I don&#8217;t know what we would have done differently. It&#8217;s a killer.&#8221;<\/p><\/blockquote>\n<p>Olsson&#8217;s used to have nine locations, but they are down to five.<\/p>\n<p>I went to a number of booksignings at Olsson&#8217;s over the years, so seeing them in trouble is unfortunate. I hope they can get through it, but at this point I would be surprised.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" src=\"\/website_3c1e0e40\/graphics\/technorati.gif\" border=\"0\">  <a href=\"http:\/\/www.technorati.com\/tag\/Olssons\" rel=\"tag\">Olsson&#8217;s<\/a>, <a href=\"http:\/\/www.technorati.com\/tag\/bookstore\" rel=\"tag\">bookstore<\/a>, <a href=\"http:\/\/www.technorati.com\/tag\/bankruptcy\" rel=\"tag\">bankruptcy<\/a>, <a href=\"http:\/\/www.technorati.com\/tag\/dc\" rel=\"tag\">dc<\/a><\/p>\n<div class=\"blogger-post-footer\">&copy;MMX William F. Yurasko<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Olsson&#8217;s Braces For Chapter 11 Filing &#8211; The PostOlsson&#8217;s the venerable local independent bookstore chain is on the verge of bankruptcy. &#8220;The book business is getting a little soft. It&#8217;s not selling as much as it used to,&#8221; Olsson said. &#8220;Our music sales went from 50 percent of our business to maybe 15. We lost [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9,11],"tags":[],"class_list":["post-3389","post","type-post","status-publish","format-standard","hentry","category-arts-and-culture","category-beltwayland"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Wither Olsson&#039;s - William F. 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