hit the skids

Meaning

To fail; to decline.

Meaning adapted from Wiktionary, available under CC BY-SA 4.0.

“The restaurant hit the skids after the owner retired.”

“The company hit the skids when their main product stopped selling well last year.”

“Once the economy hit the skids, the small business struggled to maintain its operations and eventually had to close its doors permanently.”

simple

“The restaurant hit the skids after the owner retired.”

contextual

“The company hit the skids when their main product stopped selling well last year.”

complex

“Once the economy hit the skids, the small business struggled to maintain its operations and eventually had to close its doors permanently.”