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Close down

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Economic Reasons

Often implies financial trouble or unprofitability, more than other reasons for stopping operations.

Illustration for Economic Reasons
Many shops close down if they're not making enough money.
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Employee Effects

Highlights the impact on employees who lose their jobs when their workplace closes down.

Illustration for Employee Effects
After the factory closed down, many workers were unemployed.
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Permanent or Temporary

Can refer to a temporary situation or a business closing forever; context is key.

Illustration for Permanent or Temporary
The shop closed down for renovation but will reopen next month.
Visual representation of the word "Close down"

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