Correct

歇业

/ xiēyè /
Strokes

Definition

to close down (temporarily or permanently)/to go out of business

Example

As a Verb

go out of business; close a business

1
Zhèjiā
这家
shūdiàn
书店
dào
nián
jiù
xiē
歇业
le
  

The bookstore folds up in less than a year.

2
Zhèjiā
这家
chāoshì
超市
míngtiān
明天
xiē
歇业
  

The supermarket will close business tomorrow.

3
Guānmén
关门
xiē
歇业

close up the shop and stop business