retail apocalypse
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English
Etymology
First appeared in print in an early 1990s essay by It's Not My Department! author Peter Glen.
Noun
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.
- 2018 June 13, Bryce Covert, “The Demise of Toys 'R' Us Is a Warning”, in The Atlantic, →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.