CLOSE ITS DOORS

{v. phr.} 1. To keep someone or something from entering or joining; become closed. * /The club has closed its doors to new members./ 2. To fail as a business; go bankrupt. * /The fire was so damaging that the store had to close its doors./ * /Business was so poor that we had to close our doors after six months./ Compare: CLOSE THE DOOR. Contrast: OPEN ITS DOORS.