go out of business
go out of business
To cease operating as a commercial business, typically because there is not enough commercial activity to cover costs and make a profit. No, Tom's Hardware went out of business years ago. These massive retail chains have caused a lot of smaller companies to go out of business.
Farlex Dictionary of Idioms. © 2015 Farlex, Inc, all rights reserved.
go out of business
to stop doing commerce or business. The new shop will probably go out of business if sales don't get better. I have to work hard to keep from going out of business.
McGraw-Hill Dictionary of American Idioms and Phrasal Verbs. © 2002 by The McGraw-Hill Companies, Inc.