Typically used in financial or business situations to describe a failure or closure. With the current economy, small shops are often going to the wall.
Pro Tip 2/3
Metaphorical Barrier
Imagines a situation where someone is up against a wall, symbolizing no way to move forward. The startup went to the wall after its product flopped.
Pro Tip 3/3
Negative Outcome
Conveys a sense of finality and negative result, often after effort has been made. After struggling for months, the theatre group went to the wall.