retail apocalypse
Appearance
English
[edit]Etymology
[edit]First appeared in print in an early 1990s essay by It's Not My Department! author Peter Glen.
Noun
[edit]retail apocalypse (plural retail apocalypses)
- (economics, US, urban studies, neologism) The long-term decline of brick-and-mortar retail stores, especially large chains, that sell clothing, electronics, and other consumer goods, otherwise beginning around 2010 and accelerating due to the mandatory closures during the COVID-19 pandemic.
- 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.