shut up shop

shut up shop

BRITISH or

close up shop

mainly AMERICAN
If a person or organization shuts up shop or closes up shop, they close their business, often because they are not making enough money. Unless business picks up soon, some of the 245 foreign-owned banks in Switzerland may have to shut up shop. Mr. Lemoyne had reluctantly closed up shop when the library had reached a rock-bottom membership of eleven.
See also: shop, shut, up
References in periodicals archive ?
On the farm in the Yorkshire Dales, Viv Hope has seen her better days according to Wales on Sunday readers with 60 per cent of you wanting her to shut up shop and leave.