Deb Peterson broke the story in the Post-Dispatch earlier today and Chris Gibson, who went to review Elsie Parker tonight for KDHX-FM (where I'm the senior performing arts critic), confirmed it: Savor is closing its doors after the Debby Lennon/Carolbeth True show on June 28th.
Chris said Jim Dolan - the producer of the Cabaret at Savor series and the master of ceremonies for every performance - wasn't there tonight and the woman who was doing the seating apparently had no idea that he was there to review the show. It's not clear whether she was an employee of Savor or Jim's organization.
This is pretty awful news for the cabaret scene locally. Savor was the best all-around cabaret room in town. I went to the press preview for the Kranzberg Center Wednesday (the 21st) and while their cabaret space is promising, the seating will need to be planned properly if it's going to work at all. I have no idea whether they're going to do that or not.
Jim was apparently caught flat-footed by this. His web site is still advertising shows through August 23rd. It looks like Savor made the decision very abruptly.
UPDATE, June 28th: According to an anonymous posting on Ian Froeb's Gut Check restaurant blog, "the owner only knew 5 days before the doors closed for good" and the business "owed over 50 grand to the state in taxes ". How things could get to the point where that would come as a surprise is a question not yet addressed.