retail apocalypse
English
Etymology
First appeared in print in an essay titled It's Not My Department! in the early 1990s by author Peter Glen.
Noun
retail apocalypse (usually uncountable, plural retail apocalypses)
- (US, economics, urban studies) The closing of numerous brick-and-mortar retail stores in the United States, especially those of large chains, beginning around 2010.
- 2023 March 12, Jake Rheude, “Retail Apocalypse: What Is It and Should You Follow the Trend?”, in Loss Prevention Magazine[2]:
- The threat of a retail apocalypse coming for your business depends on the specific retail category and your current operations.
Further reading
- retail apocalypse on Wikipedia.Wikipedia