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retail apocalypse

From Wiktionary, the free dictionary

English

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English Wikipedia has an article on:
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Etymology

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First appeared in print in an early 1990s essay by It's Not My Department! author Peter Glen.

Noun

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retail apocalypse (plural retail apocalypses)

  1. (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.
    • 2018 June 13, Bryce Covert, “The Demise of Toys 'R' Us Is a Warning”, in The Atlantic[1], →ISSN:
      Toys “R” Us is hardly the only retail operation to learn this lesson the hard way. The so-called retail apocalypse felled roughly 7,000 stores and eliminated more than 50,000 jobs in 2017.
    • 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.